Weekly Market Update 23 July - ECB stands firm on its dovish stance, FOMC in focus next week 1. The greenback outperformed most of the major currencies, aside from the Canadian Dollar. In the recent meeting on Wednesday, the Federal Reserve kept the target range for...
Weekly Market Update 16 July - Dollar extended its rally, PMI data for US, UK, Eurozone and Australia in focus next week 1. The greenback rallied higher against most of the major currencies as better than expected numbers from jobless claims and retail sales data breathed...
Weekly Market Update 9 July - RBA held rates steady; US Core CPI, BOC Monetary Policy Report and RBNZ interest rate decision in focus next week 1. Dollar held steady against the major currencies following the release of the FOMC meeting minutes. Last week was a...
Weekly Market Update 2 July - Dollar extended its rally after better-than-expected NFP and PMI data; RBA's monetary policy decision and Canada's unemployment rate in view next week 1. Dollar edged higher against the major currencies throughout the week following positive readings from the US non-farm...
Weekly Market Update 25 June - BoE kept rates unchanged despite higher growth estimates, US employment data in focus next week 1. Dollar edged lower against the major currencies while commodity currencies and equities benefited from the risk-on market sentiment witnessed throughout the week. With Fed...
Weekly Market Update 18 June - Risk aversion flooded the markets while a shift in the Fed's stance fueled the Dollar's rally 1. Dollar strengthened against the major currencies, following the Fed's monetary policy meeting which sang a different tune this time. In the past, the...
Weekly Market Update 11 June - Dollar outperformed most of the major currencies, FOMC in focus next week 1. Dollar strengthened against most of its peers following a stronger than expected reading in the recent CPI and consumer confidence data, buoying demand for the USD, ahead...
Weekly Market Update 4 June - Dollar slid lower following disappointing NFP numbers, BOC and ECB monetary policy meeting in focus next week 1. Dollar pared recent gains on Friday as the Non-Farm Payrolls numbers fell short of expectations, with 559K jobs added in the US...
Weekly Market Update 28 May - Little change in Dollar on data release, Markets watch Central Banks for signals 1. The dollar index rose on Friday before pulling back as traders tidied positions ahead of month-end, as new economic data confirm expectations about US inflation and...
1. While USD was sold through the week due to various factors such as stocks rallying and lower Treasury yields, it rallied at the end of the week. This was due to the juxtaposition between the consistently improving US economic data against the uneven global...