gold

Dollar Looking for Economic Guidance Ahead of Busy Week

Dollar Looking for Economic Guidance Ahead of Busy Week

The U.S. dollar is higher against most major pairs on Friday ahead of the G20 meeting.

The greenback fell across the board on Wednesday after the market took the comments from Fed Chair Powell on interest rates to mean less rate hikes from the central bank.

Dollar Higher as Trade War Concerns Fuel Risk Aversion

Dollar Higher as Trade War Concerns Fuel Risk Aversion

The dollar was higher on Friday against most major pairs. The greenback gained the most against the EUR as disappointing PMI surveys and the uncertain future of the Brexit deal ahead of the weekend took its toll on the single currency.

Strong Fundamentals Boost Dollar with U.S. Midterms in Focus

Strong Fundamentals Boost Dollar with U.S. Midterms in Focus

The dollar is higher against major pairs on Friday after the release of the October U.S. non farm payrolls (NFP) report showed a massive 250,000 jobs gain and the fastest wage growth pace since 2009. U.S. fundamentals have been solid and boosted the U.S. dollar higher despite rising political risk ahead of the U.S. mid-terms next week.

Dollar Pays Heavy Price for Equity Sell-Off

Dollar Pays Heavy Price for Equity Sell-Off

The U.S. dollar was lower against most major pairs on Friday. The greenback dropped as investors flocked to safe havens away from the U.S. currency. Trade war concerns and its impact on U.S. companies have triggered a massive sell-off in equities. The U.S. dollar is on the back foot despite strong growth as evidenced by the release of the flash GDP for the third quarter that showed a 3.5 percent gain beating expectations.

U.S. Retail Sales to Support Dollar

U.S. Retail Sales to Support Dollar


The U.S. dollar was higher against major pairs on Friday, but not enough to end up the week on positive territory. A stock market rout took its toll on the greenback and the subsequent rebound in stock prices supported the currency ahead of the weekend.

Five Things the Markets are Talking About: Monday, August 21

Five Things the Markets are Talking About: Monday, August 21

The Fed’s Yellen and ECB President Draghi will gather for the Jackson Hole economic symposium. Focus will be on Yellen’s speech on financial stability, and will Draghi will provide clarity on ending Euro QE?

Five Things the Markets are Talking About: Monday, July 31

Five Things the Markets are Talking About: Monday, July 31

The ‘mighty’ U.S dollar starts the week with a bearish price as White House’s tensions with North Korea and Russia have escalated over the weekend.

Gold Slightly Lower as Fed Surprises With Upbeat Rate Statement

Gold Slightly Lower as Fed Surprises With Upbeat Rate Statement

Gold has dipped in the Thursday session while markets had priced in a rate hike at almost 100%, and the Federal Reserve did not disappoint.

The Week Ahead: Dollar Drops After Rate Hike

The Week Ahead: Dollar Drops After Rate Hike

The USD is weaker against major currencies across the board after the Fed hiked rates for the third time since the financial crisis.

Five Things The Markets Are Talking About: Monday June 27, 2016

Five Things The Markets Are Talking About: Monday June 27, 2016

Beginning today, central bankers gather for at a three-day meet in Portugal for “The Future of the International Monetary and Financial Architecture” and should be rather apropos given the financial market fallout after last week’s shock ‘Brexit’ vote.

Five things the markets are talking about: Thursday June 16, 2016

Five things the markets are talking about: Thursday June 16, 2016

Yesterday was not a good day for the Fed’s credibility. U.S policy members did what was expected of them, and not hike rates, but their interpretation of “clarity” going forward is considered disappointing.