Forex Today: Recession fears weigh on sentiment, look at US PMI, Powell testifies

This is what that you must know on Thursday, June 23: Markets remained danger averse on Thursday as traders grew more and more involved a few world recession. US inventory index futures and main European inventory indices are down this morning, and the safe-haven greenback stays in demand. Later within the session, FOMC Chairman Jerome … Read more

Forex Today: Dollar regains strength as focus shifts to Powell’s testimony

This is what you’ll want to know on Wednesday, June twenty second: The greenback is benefiting from secure haven flows early on Wednesday, gaining floor towards the main currencies. Traders are more and more involved a few world recession as main central banks tighten their anti-inflation insurance policies. Federal Open Market Committee Chairman Jerome Powell … Read more

Forex Today: The dollar is delayed as risk flows return

This is what you want to know on Tuesday, June 21: The US greenback index continued its downtrend in direction of 104.00 early Tuesday after closing the primary day of the week in unfavorable territory. Market sentiment is enhancing this morning in Europe. US inventory index futures are up greater than 1% after the lengthy … Read more

Forex Today: Dollar weakened at the start of the week, look at Lagarde’s testimony

Here is what you could know on Monday, June 20: Markets began the brand new week with warning as buyers await speeches from the central bankers. The US Greenback Index (DXY), which posted modest positive factors over the previous week, is trending weaker in early European commerce on Monday. European Central Financial institution President Christine … Read more

Forex Today: Dollar Rises Ahead of Powell’s Speech Along with Returns

Here is what it is advisable to know on Friday, June 17: The greenback maintained positive aspects towards its friends early on Friday after heavy promoting on Thursday. The US 10-year Treasury yield, which fell about 3% on Thursday, was up greater than 1% from the day earlier than, with the US greenback index rising … Read more

Forex Today: Fed-triggered dollar sell-off dips, look at the Bank of England

This is what it’s essential know on Thursday, June 16: The US Greenback Index (DXY) broke a five-day profitable streak on Wednesday after the Federal Reserve’s bulletins. Nonetheless, the huge greenback sell-off seems to have subsided early Thursday because the 10-year US Treasury yield regained momentum. The Financial institution of England (BOE) is because of … Read more

Forex Today: Dollar’s rally paused before US data

Here is what it’s good to know on Tuesday, June 14: Pushed by the Fed’s hawkish bets, the US Greenback Index (DXY) rose almost 1% on Monday to above 105.00, its highest stage since December 2002 earlier than the discharge of the Producer Value Index for commerce optimism from the NFIB (PPI). IBD/TIPP Financial Optimism … Read more

Forex Today: The Journey to Safety Continues at the Beginning of the Week

Forex Today: The Journey to Safety Continues at the Beginning of the Week

This is what it’s essential to know on Monday, June 13: Markets stay danger averse because the week begins and the greenback advantages from protected haven flows. The US greenback index rose for the fourth day in a row, approaching multi-year highs on Could 13. The ten-year US Treasury yield continues to be shut to … Read more

Forex Today: EUR Selling Paused For Now, Watch US Inflation

Forex Today: EUR Selling Paused For Now, Watch US Inflation

Here’s what you need to know on Friday, June 10: The euro sell-off, sparked by ECB President Christine Lagarde’s press conference on Thursday, appears to have been paused early Friday. Ahead of the US CPI data for May, market sentiment remains positive with US stock index futures trading in positive territory this morning in Europe. … Read more

Forex Today: Risk Flows Return at the Beginning of the Week

Forex Today: Risk Flows Return at the Beginning of the Week

Here’s what you need to know on Monday, June 6: Safe havens are finding little demand at the start of the week amid some risky developments. US stock index futures are up between 0.5% and 0.7% in the European morning session, and the US dollar index remains relatively calm above 102.00. Trading conditions are likely … Read more