Dollar and Equities Finish the Week Up – Big Week AheadMar 19, 2018 - By Nick Twidale
The markets finished the week well on Friday with the US equity markets finishing the day higher for the first time in a week and the dollar also back on the front foot in line with the UST 10yrs which also posted higher.
Dollar Surges After More Hawkish Powell CommentsFeb 28, 2018 - By Nick Twidale
We had the much awaited first hearing for new Fed Chair Jerome Powell overnight and he did not disappoint the dollar bulls in the market. As expected the actual report was very much in line with the recent Fed party line being but in the Q&A session afterwards he advised that his” personal outlook for the economy has strengthened since December”.
Dollar Lower In Steady MarketsFeb 23, 2018 - By Nick Twidale
As the title line says it was a pretty steady day for financial markets yesterday with little in the way of headline moves to captivate traders, the dollar is back off to lower levels after having had a strong last few days and once again the equity markets had a mixed day, but there was little excitement across the markets.
Dollar on the Back Foot Again, Approaching Key LevelsFeb 16, 2018 - By Nick Twidale
It seems that we are back into the trading patterns that we had at the start of the year, equities are coming back nicely bid on a daily basis and the dollar keeps heading south. The DXY is currently trading around 88.60, just 20 points north of the year’s low at 88.44. Both Euro and Kiwi are back near yearly highs and the safe haven Swiss Franc and Japanese Yen have both high new fresh high levels in the last trading sessions.
Dollar Showing Signs of Strength as Markets RecoverFeb 8, 2018 - By Nick Twidale
The dollar had another good day yesterday as we saw further strong moves across the financial markets, although volatility is returning to more normal levels as the week progresses.
Dollar back on the Defensive Ahead of Non FarmsFeb 2, 2018 - By Nick Twidale
The positive reaction for the dollar from yesterday’s Fed was very short lived as the FX markets returned to it’s recent patterns and sold the dollar across the board throughout the last couple of sessions.