AUD continued its upswing on Thursday against USD. Markets adjust their stance on the Federal Reserve following US inflation figures. RBA’s reluctance to initiate rate […]
Tag: Dollar
Australian Dollar mildly up on quiet Wednesday, markets gear up for US CPI
AUD made mild gains on Wednesday against the USD. Markets are still deciphering Jerome Powell’s cautious stance, which limits traction for USD. RBA’s hawkish stance […]
US Dollar soft ahead of CPI data, Powell testifies
US Dollar, down 0.80% last week, now at lowest level since mid-June. Anticipation builds with the upcoming release of the June inflation figures and Fed […]
Canadian Dollar kicks off the week with a lazy Monday fizzle
Canadian Dollar flows mostly stuck in place on Monday, limiting price momentum. Canada has a strictly low-tier showing on the economic calendar this week. Markets […]
US Dollar gets to keep losses for this week with NFP unable to trigger turnaround
The US Dollar retreats for a fourth straight day this week. Nonfarm Payrolls print stronger, though unemployment rate disappoints. The US Dollar index drifts back […]
Dollar weakness supports pound and euro, elections in focus
By Alun John and Brigid Riley LONDON/TOKYO (Reuters) -The pound and the euro gained against the dollar on Thursday after weak U.S. economic data sent […]
US Dollar holds losses as FOMC minutes fail to bail out the Greenback
US Dollar saw severe selling pressure after soft ADP figures from June. Markets boosted their bets for September Fed rate cut. FOMC minutes from the […]
Canadian Dollar extends gains after broad-market uptick in risk appetite
Canadian Dollar climbs a third of a percent against Greenback after sour data patch. Canada economic data remains thin until Friday’s labor figures. US data […]
Australian Dollar strengthens as markets digest strong Retail Sales from Australia
US Dollar saw severe selling pressure after soft ADP figures from June. Markets boosted their bets for September Fed rate cut. Keen market focus remains […]
US Dollar steady ahead of key labor market data
US Dollar recovers after slight losses following ISM PMIs data. Dollar finds cushion on high US Treasury yields. Signs of disinflation have begun to surface […]