There has been little follow-through dollar buying today after its recovery in North America yesterday. The us dollar is softer against most of the G10 currencies. The Antipodeans are lagging alongside the Norwegian krone, perhaps...
The US dollar is trading quietly in a mixed fashion, mostly confined to the ranges seen at the end of last week. This could prove to be a pivotal week. The weakness in the US...
The dramatic price action in throughout the capital markets after last week’s US tariff announcements, China’s retaliation, and yesterday’s US threat of another 50% tariff on China has calmed today, in a nervous way. Indeed,...
The US dollar, which struggled yesterday, is trading higher against most currencies today. The Japanese yen an exception among the G10 currencies. The higher-than-expected March Tokyo CPI had little impact on BOJ expectations, the pullback...
With Japanese markets closed for a national holiday, the dollar was offered in early turnover today, and its recent losses were initially extended against several currency pairs. However, it recovered and early losses were pared...
The US announced that the 25% steel and aluminum tariffs will not be effective for a month (March 12), and this gives the impression that they are a negotiating tactic, which may help explain why...
After the tariff scare on Monday, which saw the US dollar surge, it has pulled back in the last couple of day. But it has returned bid today in what looks like position-squaring ahead of...
The US dollar recorded lows for the month against many of the major currencies yesterday but has come back bid today. We had anticipated some consolidation ahead of the conclusion of the FOMC meeting tomorrow,...
After rallying last week, the US dollar pulled back today, though is mostly consolidating within the range set last Thursday and Friday. The Japanese yen is the exception among the G10 currencies and is heavier...
As some market pundits were debating about a possible grand deal between the US and China. In exchange for a lighter tariff regime, Beijing would accept yuan appreciation. As far-fetched as such scenario may be,...
Escalating tensions in Europe and comments from Bank of Japan Ueda that spurred speculation of a December hike are the main drivers of the foreign exchange market today. The yen is the strongest of the...
The dollar continues to ride high. It is up 0.20%-0.50% today against the G10 currencies. Most pairs have extended last week’s moves. The Dollar Index, which was near 100 in late September is approaching 106.00....