Weekly market update 25th June - Dollar retreated from its recent high amidst global recession fears 1. The Dollar extended its high volatile performance this week, with an overall fall to 104.2 at the end of the week. Despite the recession fears and poor consumer sentiments,...
Weekly Market Update 18th June - Dollar maintained its strength following the release of FOMC minutes, high volatility of currencies due to recession fears 1. The Dollar Index maintained its overall strength and ended at a 105.02 level after surging to a 20 year high of...
Weekly market update 11th June - Dollar extended its rally as higher inflation could trigger more aggressive moves by the Fed 1. The Dollar index rose by 1.15% to break above 104 on Friday, extending its gains from the previous week. It experienced a week-to-week gain...
Weekly market update 4th June - Dollar resumes its rally, supported by robust US jobs report 1. The Dollar index surged to above 102 on Friday, posting its first weekly gain in three weeks after US jobs report revealed that more jobs were added in May...
Weekly market update 28th May - Dollar dipped lower following FOMC meeting minutes, BOC interest rates decision and US jobs report in focus this week 1. The Dollar index fell below 102 on Friday, hovering at its lowest level in a month, after data revealed that...
Weekly market update 20th May - Dollar's rally took a breather as recession fears rattled investors 1. Dollar pared recent gains to hover around 103 on Friday, following the drop in US treasury yields as ongoing weakness in US economic data stoked recession fears amid the...
Weekly market update 13th May - Dollar showed no signs of stopping, buoyed by prospects of higher interest rates amid an uncertain global outlook 1. The Dollar index rose above 104, reaching near its two decades high following higher-than-expected US inflation data. The headline CPI in...
Weekly market update 6th May - Dollar maintains its strength after Fed’s interest rate hike, risk-on currencies continue to dip 1. The Dollar Index eased to the 103.6 level after reaching a 20-year high at 104 earlier in the week as investors held their bets on...
Weekly market update 29th April - Dollar maintained its strength for the month of April while commodity currencies continued to slide amidst geopolitical uncertainties 1. The Dollar Index maintained its strength in the last week of April, easing to about the 103 level before Friday’s market...