Weekly market update 17 October - Dollar pared gains, while riskier assets rallied after FOMC minutes cemented expectations of a Fed taper by the end of this year 1. The US Dollar snapped a 5-week winning streak as investors shifted their gaze to riskier assets...
Weekly market update 10 October - Dollar strength muted after disappointing jobs data, FOMC minutes in focus this week 1. The US Dollar’s bullish momentum was muted after Nonfarm Payrolls data released on Friday disappointed. The U.S. economy added only 194,000 jobs in September, a...
Weekly market update 1 October - Dollar extended its gains, US NonFarm Payrolls, RBA and RBNZ monetary policy meeting in focus next week 1. The US Dollar extended its gains to reach the highest level in nearly a year, boosted by expectations that the Fed...
Weekly market update 24th September - Dollar steadied after FOMC statement was released, Euro and Sterling suffered against the greenback 1. The U.S. dollar edged up to 93.5 as investors digested the latest FOMC statement and prospects for slower growth. Reflecting growing optimism for the...
Weekly market update 17 September - Dollar strengthened ahead of highly anticipated interest rate decision from FOMC, Sterling traded sideways after inflation rate hit a 9-year high ahead of Bank of England's monetary policy decision 1. The U.S. dollar rallied to a three-week high after U.S....
Weekly market update 10 September - Dollar outperformed its peers, Aussie dipped after RBA’s dovish stance 1. The US Dollar strengthened against all its G7 peers this week after the initial jobless claims dropped to 310 thousand, the lowest level in nearly 18 months. Producer prices...
Weekly Market Update 04 September - Dollar weakened further after Non-farm Payrolls disappoint while commodity currencies rallied 1. The Dollar Index weakened further this week, following the poor performance of the U.S. non-farm payrolls. Analysts estimated an increase of 750,000, but actual data showed that only...
Weekly Market Update 27 August - Dollar weakened after comments from Fed Chair Powell, U.S. non-farm payroll data in focus for the week 1. The Dollar Index dipped after comments from Federal Reserve Chairman Jerome Powell during the Jackson Hole Symposium indicated that while the Fed...
Weekly Market Update 20 August - Dollar strengthened after the release of FOMC meeting minutes, RBNZ maintained its hawkish stance despite keeping rates unchanged 1. The US Dollar strengthened against all its G7 peers this week, after the FOMC meeting minutes revealed that Fed officials could...
Weekly Market Update 13 August - Dollar underperformed against its peers, RBNZ's interest rates decision in focus next week 1. The US Dollar underperformed against its G7 peers, with traders still looking towards the Federal Reserve for further direction on monetary stimulus going forward. July’s consumer...