Dollar Gains as Trump Signs Tariffs, BOJ and Non Farms Payrolls TodayMar 9, 2018 - By Nick Twidale
The US dollar had a strong day yesterday as two major risk events combined to help it drive higher against all the other major currencies with the exception of the Cad. The main reason for the strong rally was President Trumps signing of the tariff proclamation on imported Steel and Aluminium with a crucial caveat that close neighbours Canada and Mexico were excluded.
US Bond Yields Run out of Steam as Stock Markets RecoverFeb 27, 2018 - By Simon Hill
The US Dollar pushed higher overnight, although not driven by the usual correlation with bond yields. The US 10 year is now down to 2.86% from its high at 2.95% less than a week ago, which caused the recent severe stock market sell-off. This move is now reversing with bond yields running out of steam and the stock market taking back most of its losses. We have seen flows back into the USD as confidence returns in equity markets.
Quiet Trading Conditions into the End of the MonthFeb 26, 2018 - By Nick Twidale
It was a relatively quiet trading day for the currencies on Friday with most of the majors trading in a range bound fashion. The equity markets had a good day with most of the indices finishing up nicely in the black. This did not translate through to downside in the dollar as it has been in recent weeks and the Dxy held steady just south of 90.00 for most of the sessions.
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.
Strong US CPI Numbers Hit the DollarFeb 15, 2018 - By Nick Twidale
The much anticipated US CPI data came out a lot stronger than expectation last night and led to sharp moves and high volatility across the financial markets. The month on month data beat expectation by 0.2% and so did the year on year numbers, the FX market reacted predictably and the dollar was bought across the board as UST yields moved to the topside.
Valentines Day Massacre Coming?!Feb 14, 2018 - By Nick Twidale
We saw a bit of a calm before the possible storm in yesterdays trading as markets consolidated at recent levels, the equity markets had a bit of a mixed day with European indices finishing in the red but their US counterparts managing to finish the US session in the black.