
Please try another search
The U.S. dollar staged an end of week rally following unconvincing global data. On Thursday we had suggested that if upcoming economic reports reinforced the prospects of a stronger global recovery,...
This article was written exclusively for Investing.comThe reflation trade continues to remain the dominant theme in the markets. Investors have repeatedly shrugged off inflation and valuation...
Friday will be a busy day for forex traders, with PMIs and retail sales reports scheduled for release from all corners of the world. Currencies are trading strongly ahead of these reports, with...
Weaker U.S. data is finally catching up to the U.S. dollar. The greenback traded lower against all of the major currencies on Tuesday following softer housing data. Building permits grew 0.3% in the...
For the past few weeks investors have been focused on the U.S. recovery and its impact on the U.S. dollar. They were sorely disappointed when nonfarm payrolls and retail sales came out well under...
Forex traders were unfazed by weak data on Friday as currencies and equities extending their recoveries. Consumer spending stagnated in the month of April after soaring in March. Excluding the costs...
Stocks rebounded sharply Thursday, but the muted price action in currencies suggest that FX traders are not convinced the selling is over. The U.S. dollar gave back a small portion of...
The U.S. dollar soared on Wednesday on reports that consumer prices rose at their fastest pace since 2008. Federal Reserve Chairman Jerome Powell warned about a temporary rise in prices, but no one...
What started off as a strong day for risk appetite turned into losses for currencies and equities. The Dow Jones Industrial Average and NASDAQ hit record highs at the start of New York trade but shed...
Economists and investors could not have been more wrong about today’s U.S. jobs report. The U.S. dollar traded sharply lower against all of the major currencies on the back of what can only...
Non-farm payrolls are due for release on Friday, and the U.S. economy is expected to add nearly 1 million jobs. If the NFP numbers rise by 978,000, the current consensus forecast, it would be the...
Next to Friday’s non-farm payrolls report, tomorrow’s Bank of England monetary policy announcement is the second most important event of the week. Like the Reserve Bank of Australia, the...
The U.S. dollar kicked off the first trading day of May with broad-based losses. On Friday, U.S. non-farm payrolls are due for release, and with the labor department expected to report a...
Month end flows drove the U.S. dollar higher against all of the major currencies on Friday. The month of April was a challenging one for the greenback. The Dollar Index dropped from 93.30 to...
This article was written exclusively for Investing.comFollowing its big recovery in 2020, GBP/USD has started to look bullish again after a period of consolidation. Is the cable finally ready to clear...