Weekly market update 21st January - Dollar steadies ahead of FOMC meeting as investors await for more hawkish signals from the Fed 1. The Dollar held steady around the 95.5 level at the end of last week, as investors are preparing for more hawkish signals from...
Weekly market update 14th January - Dollar suffered significant weekly losses, commodity currencies and oil prices saw gains after Fed chair Powell’s testimony. 1. The Dollar suffered its biggest weekly loss in nearly eight months as it dipped to around 95 at the end of the...
Weekly market update 7th January - Dollar held steady despite disappointing NFP results, commodity currencies weakened against the greenback given hawkish stance from U.S. Federal Reserve 1. The Dollar dropped below 96 but held steady throughout the week even with the disappointing nonfarm payroll results. Although...
Weekly Market Update 31st December - Dollar outperformed its major peers for 2021, hawkish pivots by major central banks alongside prospects of higher interest rates are main themes stepping into 2022 1. The Dollar hovered around the 96 level at the end of December, which is...
Weekly market update 26 December -Dollar retreated from December’s highs heading into the holidays, risk-on mood could set the tone stepping into 2022 1. The Dollar was set for its worst week since August. Weakness of the dollar against equities, bond yields and risk sensitive currencies...
Weekly market update 19 December - Dollar extended its climb supported by a hawkish Fed, monetary policy outlook divergence persists between ECB and major central banks 1. The U.S. Dollar strengthened against other major currencies towards a 3-week high of 96.87, as investors flocked towards...
Weekly market update 12 December - Dollar fluctuated ahead of FOMC meeting, RBA and BoC left rates unchanged 1. The Dollar Index pared recent gains to trade at 96 on Friday, as investors await the FOMC meeting, with expectations for the Fed to accelerate the tightening...
Weekly market update 06 December - Dollar pared recent gains as Nonfarm Payrolls disappoint, BoC and RBA monetary policy in focus next week 1. The U.S. Dollar Index dipped below 96 before the week closed on Friday, as investors digested unemployment data from the nonfarm payrolls...
Weekly market update 28th November - Risk aversion buoyed demand for safe-haven currencies as the Omicron variant battered global markets 1. Dollar, Japanese Yen and Swiss Franc rallied, as traders sought shelter in safe-haven currencies following the discovery of a new coronavirus variant named Omicron. The...