The US Dollar Index experiences a decline as the demand for safe-haven assets diminishes, coinciding with increasing diplomatic efforts aimed at reopening the Strait of Hormuz. Rebounding 10-year US Treasury yields may constrain the downside potential of the Greenback in light of diminishing inflation risks. Fed’s Schmid characterised the current policy as “not tight,” cautioning Read More
The US Dollar Index has softened to approximately 99.70 during the Asian session on Monday. Trump announced that new discussions regarding Iran would commence on Monday, following his decision to cancel a scheduled military strike on the country. On Friday, attention will be focused on the US Non-Farm Payroll data. The US Dollar Index, an Read More
The dollar stabilized during Asian trading on Tuesday, as market participants processed U.S. President Donald Trump’s declaration of a halt to a proposed military action against Iran to facilitate negotiations. The U.S. dollar index, which gauges the greenback’s strength against a basket of six currencies, increased by 0.1% to 99.076, drawing bids after breaking a Read More
The dollar experienced an uptick due to heightened U.S. Treasury yields on Thursday, as market participants speculated on the likelihood of a Federal Reserve rate increase this year. Concurrently, a stalemate between the U.S. and Iran regarding the conflict in the Middle East prompted increased safe-haven inflows. The international spotlight was directed towards a much-anticipated Read More
Equities and bonds are showing a heightened tendency in their trading behavior. The forthcoming meeting between Trump and Xi represents a crucial point of discussion today. In anticipation, the PBOC set the dollar’s reference rate at a new three-year low. Earlier this week, US Treasury Secretary Bessent visited Tokyo, and today, Japan reported a record Read More
The US Dollar Index appreciates amid increasing risk aversion following the mutual rejection of peace proposals by President Trump and Iran. President Trump dismissed Iran’s most recent peace proposal, labeling it “totally unacceptable.” In April, US Nonfarm Payrolls increased by 115K, surpassing expectations even as it decelerated from the 185K rise observed in March. The Read More
As anxious investors assessed the intensifying Iranian conflict and focused on the most recent deadline set by US President Donald Trump to reopen the Strait of Hormuz, the dollar remained stable on Monday while the yen flirted with the critical 160 per dollar barrier. Trump threatened to target Iran’s power plants and bridges on Tuesday Read More
The dollar strengthened against major currencies on Thursday, reversing two days of declines, following U.S. President Donald Trump’s address on Iran, which dashed hopes for a potential ceasefire in the Middle East conflict that has unsettled investors and disrupted markets. In the national address delivered by Trump, he indicated that the conflict in Iran is Read More
The dollar started the day at a disadvantage during the Asian trading session on Thursday, as stronger-than-anticipated earnings from Nvidia enhanced investor confidence, while markets looked forward to updates regarding the latest U.S. tariffs on foreign imports. The U.S. dollar index, which gauges the greenback’s strength against a basket of six currencies, maintained losses from Read More
The dollar experienced selling pressure during President Trump’s State of the Union Address. Nevertheless, in relation to the majority of G10 currencies, it continues to operate within established ranges, a situation that could be bolstered by an active option expiration calendar, as we will elaborate on below. Two notable exceptions exist. The Japanese yen has Read More
