Tag Archives: USD

A tumbling € and a rising $. USD/CNH heading north

EURUSD: So Mr. Market did actually follow the textbook and

Euro-area bonds and equities rallied and the euro tumbled, as the ECB announced a big easing package.

The well-defined up-trend pattern in the Dollar remains in place and

EUR and GBP were little changed since the Asia open, edging higher from

Long yields finally saw a more sizable upward movement in the US and Germany,

The Dollar remains entrenched in an upward trend on its charts but

The Nikkei extended losses to 0.8% and USDJPY dipped below 118 as BoJ refrained from cutting rates.

Oil prices were falling again yesterday, but have not made new lows in more than a week,

The Dollar generally remains in favor despite a lack of definitive upside extension on the charts.

A generally better set of China macro data failed to boost AUD as it dipped towards 0.817.

Asian stocks are on the rise on the back of fairly strong Chinese GDP numbers this morning.

In FX, USDJPY edged lower to 117.08 but most G10 pairs were steady.