The US Dollar Index is showing an upward trend, currently positioned around 98.30 during the Asian session on Monday. The second round of negotiations with the US has been dismissed by Iran. Market participants are anticipating the release of the US March Retail Sales data later on Tuesday. The US Dollar Index, an index of Read More
The Dollar Index failed to break its losing streak yesterday, extending it for the eighth consecutive session, thereby matching the longest decline since April 2011. The current trend could conclude today if the dollar maintains its upward momentum. In light of the stronger than anticipated GDP figures from the UK and China, along with a Read More
The U.S. dollar remained close to its lowest point since early March against major currencies on Thursday, as optimism from the White House regarding a peace deal with Iran lifted sentiment and prompted traders to move away from safe-haven positions. President Donald Trump stated that the U.S.-Israeli conflict with Iran was “close to over,” while Read More
The US dollar is exhibiting a stronger inclination today. The Dollar Index is poised to potentially end its seven-day downward trend. President Trump has suggested that the “war is close to over”. Recent days have shown an improved risk appetite, indicating that the market is anticipating this development. A new round of negotiations between the Read More
North American participants dismissed the negativity observed in the Asia Pacific and European markets yesterday following the collapse of US-Iran negotiations over the weekend. The prevailing optimism was palpable, accompanied by reports indicating that further negotiations are being considered during the ceasefire set to expire next week. The dollar is experiencing a general decline. Today, Read More
The dollar surged against other major currencies in light trading late on Sunday, as investors turned to the relative safety of the U.S. currency following protracted discussions between Washington and Tehran that did not result in a peace agreement, pushing markets into a seventh week of uncertainty. On Sunday, President Donald Trump announced that the Read More
Equities have experienced a reduction in the gains observed yesterday. Benchmark 10-year bond yields are predominantly stronger. The dollar has predominantly remained within limited fluctuations relative to the G10 currencies. Most currencies exhibit a slight strengthening, with the exception of the Australian and Canadian dollars, as well as the Japanese yen. The JP Morgan Emerging Read More
The dollar continued to exhibit instability on Thursday following widespread declines, as investors cautiously evaluated the likelihood of a tenuous two-week ceasefire between the United States and Iran maintaining its integrity. The ceasefire deal seemed precarious, with Israel maintaining its concurrent military actions against the Iran-aligned militia Hezbollah in Lebanon. Meanwhile, Tehran accused both Israel Read More
The US Dollar Index has softened to approximately 99.05 during the early Asian session on Wednesday. Trump has consented to halt military actions against Iran for a duration of two weeks, contingent upon Tehran permitting safe transit through the Strait of Hormuz. On Wednesday, the FOMC Minutes will be the focal point of attention. The Read More
The US Dollar maintains a robust position near 100.00 as the European trading session approaches. Trading volumes are expected to remain low because of the Good Friday holiday. Markets are expected to move carefully as they anticipate the significant US employment report for March. Market participants anticipated an increase in Nonfarm Payrolls by 60,000 after Read More
