Oct

06

Daily Market Insight

U.S. Dollar Thrives in Midst of Contraction in Non-Farm Payrolls

The U.S. dollar made some minor strides overnight but opens this morning’s trading session in familiar ranges. Overall, the greenback has had a strong week as political events abroad have weakened a number of its major counterparts.

Oct

05

Daily Market Insight

Dovish ECB and British Politics Push Dollar Higher

The U.S. dollar was out of the spotlight overnight but was able to take advantage of developments abroad and rose across the board.

Oct

04

Daily Market Insight

European PMIs Impress; Dollar Falls Slightly

The U.S. dollar came under pressure across the board overnight, retracing much of its gains from the week prior. The U.S. dollar did not see much action yesterday as an empty economic docket led traders to look to developments abroad to move currency markets.

Oct

03

Daily Market Insight

Dollar's Rally Takes a Breather

The U.S. dollar continued its momentum from yesterday and rallied overnight, but those gains were quickly given up. The greenback also briefly jumped to a 6-week high against the Euro.

Oct

02

Daily Market Insight

Unfortunate Events Over The Weekend Create Market Volatility

The U.S. Dollar remains relatively strong after last week’s momentum built on Fed confidence, decent economic indicators, and concerns over the political tensions in the Euro-zone.

Sep

29

Daily Market Insight

Income and Spending Do Not Impress, U.S. Dollar Hits Brakes

The U.S. Dollar lost ground against its G-10 counterparts yesterday as profit-taking and lack of faith in tax reform plans slowed the greenback’s momentum.

Sep

28

Daily Market Insight

GDP improves, but U.S. Dollar does not reap any benefits after market correction

The U.S. Dollar is trading in slightly weaker ranges as counterparts mounted a bit of self-correction recovery following days of non-stop greenback strengthening.

Sep

27

Daily Market Insight

Long-Term Investment Improves in the US; Buck Appreciates

The U.S. Dollar is having its best week of the year as the currency got a boost from Fed confidence and good economic indicators.

Sep

26

Daily Market Insight

U.S. Dollar Reaches Best Level In a Month As Spotlight Now On European Issues

The U.S. Dollar continues its rise following the ongoing concern over the German elections, which seem to have created an issue for Chancellor Angela Merkel who must build a new coalition with minority parties in order to govern smoothly.

Sep

25

Daily Market Insight

U.S. Dollar Begins Week with Momentum, Ahead of Data-Heavy End to September

The U.S. Dollar is trading in more favorable ranges against most currencies to start the week, with the exception being the British Pound.

Sep

22

Daily Market Insight

Euro Rises after Solid PMI Figures; May's Speech Main Event to Close Week

The U.S. Dollar lost some of its momentum yesterday and overnight as optimism over the Fed’s ability to hike cooled off a bit and data in the European theater boosted the shared currency further.

Sep

21

Daily Market Insight

U.S. Dollar Strengthens after Optimism Pours from Fed Meeting 

The U.S. Dollar is looking great this morning after a surprisingly upbeat FOMC announcement and Chairwoman Janet Yellen’s long press conference in which she stated that she’s determined to serve her entire term as head of the Fed.

Sep

20

Daily Market Insight

Fed Day Keeps Markets on Close Watch. Mexico Suffers Seismic Tragedy

The U.S. Dollar remained mostly unchanged overnight after slightly falling throughout the yesterday afternoon following President Trump’s speech to the United Nations General Assembly.

Sep

19

Daily Market Insight

U.S. Dollar flat ahead of start of Fed Meeting and UN speech

The U.S. Dollar remained mostly flat against its major counterparts, save the Aussie and Kiwi dollars, which are benefiting from positive prospects in the Chinese economy and growth in pacific market stocks.

Sep

18

Daily Market Insight

All Eyes on Wednesday's Fed Meeting

The U.S. dollar experienced some ups and downs last week. The greenback found support over speculation of a tax reform deal and rising consumer inflation data, but gave back some of those gains on Friday following a soft retail sales report.

Sep

15

Daily Market Insight

Sterling Continues Its Run; Dollar Falling on Retail Sales

The U.S. dollar traded defensively against most of its majors, save the Japanese yen, overnight. The trend is likely to continue in early trading on the back of poor economic data.

Sep

14

Daily Market Insight

Dollar Gains on Inflation; Sterling Big Winner

After trading in fairly stale ranges overnight, except against the British pound, the U.S. dollar enjoyed some short-term gains this morning.

Sep

13

Daily Market Insight

Sterling Lower on Slow Wage Growth

The U.S. dollar held familiar ranges overnight as light volume and a lack of major economic events led to lethargic trading. The Bloomberg Dollar Spot Index erased some of its gain from earlier in the week.

Sep

12

Daily Market Insight

Sterling Rallies to One-Year High on Inflation

The U.S. dollar modestly extended yesterday’s gains against most of its major counterparts, save the British pound. The Bloomberg Dollar index gained 0.6% on Monday and is up only 0.1% at the time of writing today.

Sep

11

Daily Market Insight

Dollar Rebounds After Falling All of Last Week

After falling all of last week, the U.S. dollar is staging a minor comeback this morning.

Sep

08

Daily Market Insight

Dollars Woes Continue, Falls for 7th Day

The U.S. dollar’s woes continued overnight. It appears only markets closing for the weekend will give the greenback any reprieve.

Sep

07

Daily Market Insight

Euro Jumps on Draghi; ECB

The U.S. dollar continued to tank overnight after slipping across the board yesterday. Despite decent economic data released yesterday morning, the greenback became under pressure after Federal Reserve Vice Chairman Stanley Fischer announced he would step down next month.

Sep

06

Daily Market Insight

Dollar Unable to Rebound From Yesterday's Losses

The U.S. dollar is mostly unchanged from yesterday. The greenback was under pressure after two different Fed members expressed caution and downplayed the need to increase borrowing costs by the end of the year.

Sep

05

Daily Market Insight

Dollar Slightly Weaker Ahead of Busy Week 

The U.S. dollar slipped yesterday during the Labor Day holiday against the majority of its G-10 counterparts. The greenback’s modest negative momentum has carried over into this morning’s session.