inflation

U.S. Growth in Q3 to Guide Dollar

U.S. Growth in Q3 to Guide Dollar

The U.S. dollar is mixed on Friday. Investor’s appetite for risk rose and safe haven currencies (JPY and CHF) fell while positive China and Brexit news saw the NZD, EUR, GBP and AUD advance against the USD. The Canadian dollar was dragged down in the last trading day of the week after softer than expected retail sales and inflation data.

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.

Dollar Slows Down After U.S. Jobs Miss

Dollar Slows Down After U.S. Jobs Miss

The U.S. dollar was mixed Friday. The GBP deserves a special mention as positive Brexit rumors pushed it 0.61 percent higher against the USD. The American currency lost momentum as the U.S. non farm payrolls (NFP) headline jobs number disappointed with a 130,000 added positions, instead of the forecasted 188,000.

Five Things the Markets are Talking About: Monday, February 12

Five Things the Markets are Talking About: Monday, February 12

Investors are bracing for another bumpy ride this week after market volatility has returned with a vengeance, delivering the biggest rout in global stocks in a number of years.

Dollar Support Lukewarm despite Fed’s ‘Hawkish-hold’

Dollar Support Lukewarm despite Fed’s ‘Hawkish-hold’

Yesterday, as expected, the Fed held the overnight interest rate target range steady between +1.25 – 1.50% in a unanimous vote (9-0). 

Market Update: Oil Tumbles For Second Day, ECB in Focus

Market Update: Oil Tumbles For Second Day, ECB in Focus

The ECB is stealing the spotlight temporarily from the Federal Reserve today as it announces its latest monetary policy decision and hopefully offers some guidance for the rest of the year.