Weekly market update 7th October - Dollar extended its rally on upbeat Nonfarm Payroll data, CPI, Retail sales data and FOMC minutes in focus this week 1. Dollar extended its rally to 112 on Friday after upbeat Nonfarm Payroll data cemented expectations for further...
Weekly Market Update 2nd October - Dollar extended its rally on higher interest rates prospects 1. Dollar index extended its rally to trade at around 112 as higher interest rates prospects continue to fuel its strength. Expectations that the Federal Reserve will tighten its...
Weekly Market Update 16th September - Dollar extended its rally as markets anticipate more aggressive Fed rate hikes to rein in inflation 1. Dollar extended its rally, supported by expectations of more aggressive Fed rate hikes going forward as price pressures showed no signs...
Weekly Market Update 9th September - Dollar eased from its recent highs with further downside risks seen 1. Dollar eased to below 109 on Friday, after rising to levels near 111, weighed down by market conditions and the tightening of monetary policies globally. The speech...
Weekly Market Update 2nd September - Dollar marched higher boosted by safe-haven flow and prospects of higher interest rates 1. The Dollar Index extended its rally, reaching 20-year highs of above the 110 level on Thursday, supported by greater consumer confidence in the economy. The Conference...
Weekly Market Update 26th August - Dollar fluctuated following the Jackson Hole Symposium as Fed reaffirmed its hawkish stance 1. The Dollar index fluctuated above 108 this week while approaching the 20 year high level, and ended off below 109 on Friday, supported by expectations of...
Weekly Market Update 19th August - Dollar rallied nearing a new high, supported by hawkish Fed comments 1. The Dollar index rallied this week and ended above the 108 level, approaching a 20 year high. This was buoyed by the release of 27th July FOMC meeting...
Weekly Market Update 12th August - Dollar declined, weighed down by recessionary fears and expectations of a less hawkish Fed 1. Poorer than expected CPI data for July pointed to easing price pressures and expectations of a less hawkish Fed, causing the US Dollar index to...
Weekly Market Update 5th August - Dollar marched higher with previous week's interest rate hike, with no sign of easing monetary policy 1. The Dollar index rose after hitting a 4 week low of 105, ending the week close to 107, as the previous announcement of...