Tag Archives: USD

The Global Macro Pulse

AUDUSD rallied to 0.8584 in response to a better-than-expected capex survey.

The Dollar bulls have to be a little discouraged with the totality of the action in the Dollar over the last 24 hours.

EURUSD: A near-term 5-wave sequence has materialized though its ‘wave-5 high’ is still missing,

G10 FX rates are essentially unchanged. EURUSD is at 1.2474, USDJPY is at 117.82, and

The Dollar rally has been so impressive over the last two months that a slight corrective setback has been given some attention.

NZD led declines in G10 FX, down 0.5% to 0.781. AUDUSD resumed its downtrend to 0.858.

After another new high for the move overnight the Dollar has seen some modest profit taking.

AUD rebounded to 0.87 this morning, but still below its Friday high post PBoC’s rates cut.

EURUSD: The unforeseen sharp move lower prematurely ended the upward correction and

In the week ahead, investors will be looking ahead to Friday’s preliminary report on euro zone inflation.

The net long USD position continued to build this week, climbing to $48bn.

The Dollar is back in control again especially in the wake of fresh easing from the PBOC and