USD inched down as investors digest economic data from last week. Data released on Friday showed that, Core PCE Index (Personal Consumption Expenditure Price Index) increased 3.1% on a YoY basis in Ap...
USD edged higher on Thursday, supported by comments from the Fed officials that they might start discussing tapering soon. Some sources say that, the Fed will likely scale back the bond purchasing soo...
USD extended its downward trend against major currencies as the Fed reiterates its loose monetary policy on Tuesday. US Treasury yield also fell to multi-week lows, with the 10-year bill falling to 1....
USD hovers below 90 and trades around 4-month low against major currencies. This Friday we will have US personal consumption and inflation data, which could potentially move the FX market if anything ...
USD rose against major counterparts on Friday, boosted by optimistic US manufacturing data. Last week, USD was temporary strengthened by the Fed’s meeting, where several economists have suggested to t...
USD was up on Thursday morning in Asia as FOMC minutes released on Wednesday in the US, but now the DXY Index has already slipped below 90. In the Fed’s meeting minutes, several policymakers have sugg...
USDGBP continues the downtrend as news from the US keeps pressuring USD, and data from the UK provide support to GBP. In the US, Fed officials have pointed to a longer low-interest-rate environment. O...
USD was down on Tuesday morning in Asia, hovering around its six-year low against CAD and multi-month low against EUR. The move was largely attributable to investors’ belief that interest rates might ...
Last week, both the FX and the equity market were quite volatile due to US inflation data. Investors began to sell stocks as they anticipated major shifts in Fed’s monetary policy. Ironically on Frida...
USD is relatively flat on Friday morning in Asia, heading towards a positive gain to conclude this week. The recently released CPI was again higher than expected. In April, CPI grew at 0.6% on a MoM b...