A soft-looking set of US jobs data yesterday caused the US Dollar Index to decline to its lowest levels since early October. The significant decline in energy prices is likely to benefit the energy-importing currencies across Europe and Asia. Today, the German Ifo may underperform in accordance with the local PMI releases, and a speech Read More
The US Dollar is demonstrating ongoing weakness as it nears its third straight weekly drop on Friday. The anticipation of rate cuts by the US Federal Reserve in the upcoming year continues to apply downward pressure on the USD compared to its six main currency counterparts, as market participants get ready for the upcoming statements Read More
The dollar experienced a decline following the FOMC decision announced yesterday. Today, there has been a notable absence of significant follow-through selling in both the Asian and European markets. The dollar exhibits a varied performance as market participants in North America resume trading activities. The Swiss franc has emerged as the strongest currency following the Read More
The dollar experienced a decline on Thursday following the Federal Reserve’s less aggressive stance than expected, which encouraged investors to short the currency in anticipation of two additional rate cuts in the upcoming year. The Fed, at the conclusion of its two-day policy meeting, lowered rates by 25 basis points as anticipated. However, remarks from Read More
The US dollar is exhibiting a somewhat weaker stance against the G10 currencies today. The yen stands out as it is currently trading at a seven-day low against the greenback. The Scandinavian currencies and the Australian dollar are performing the strongest. The Reserve Bank of Australia maintained a firm stance. Governor Bullock’s remarks prompted the Read More
The US dollar is primarily stabilizing in low-volume trading against the G10 currencies as the new week begins, with expectations mounting for the Federal Reserve to implement a third interest rate cut. The Reserve Bank of Australia convenes tomorrow, and there is anticipation that it may indicate its forthcoming decision is an increase. The Bank Read More
The U.S. dollar experienced an increase against major currencies on Monday amid volatile trading conditions, as the market anticipates a week filled with central bank meetings, particularly focusing on the Federal Reserve. An interest rate cut is largely anticipated; however, investors are preparing for indications of a more gradual easing cycle than previously expected. The Read More
The US Dollar is experiencing slight softness today, primarily maintaining the levels established in yesterday’s trading against the G10 currencies. The Australian dollar is at the forefront, achieving its highest level since September 18. The market has, however, dismissed unexpected data: a notable increase in German factory orders alongside a disappointing decline in household spending Read More
The U.S. dollar remained close to a five-week low against its major counterparts on Friday as investors prepared for a Federal Reserve rate cut anticipated next week. Markets are anticipating a quarter point reduction during the upcoming Federal Open Market Committee meeting on December 9-10, with particular attention on any indications regarding the extent of Read More
The dollar remained steady on Wednesday, as other assets took center stage, while investors with an eye on 2026 began to adjust their positions in anticipation of U.S. rate cuts impacting the greenback. During the morning session, the Australian dollar reached a three-week peak of $0.6576, subsequently pulling back slightly following gross domestic product data Read More
