Tag Archives: USD

USD Mid-day Analysis

We continue to think that the Dollar rally is overdone from a technical and fundamental perspective.

NZDUSD fell to 0.8195 as the RBNZ kept its policy rate unchanged as expected, but lowered guidance.

The Dollar might have over-priced the prospect of an earlier than expected rise in US interest rates and

The US dollar has remained underpinned with little in the way of top tier data to drive market expectations,

EURUSD largely held onto its overnight rally, trading at 1.2932.

Another sharp range up extension in the Dollar leaves the Greenback in solid control of the currency trade.

The USD rally continued in Asia; sparked in part by the San Francisco Fed’s report suggesting that markets are underpricing the pace at

Apparently the Dollar has already discounted last Friday’s disappointing payroll results as the Dollar has carved out a fresh new high for the move.

The G10 majors drifted sideways in Asian trading. EURUSD is at 1.2937,USDJPY is trading 105.06,

Leveraged funds increased their exposure to the USD for the 7th consecutive week,

The NZD benefitted from a mild USD sell-off on Friday,rising 0.2% against the USD to 0.8330.

In the week ahead, investors will be looking ahead to Friday’s U.S. data on retail sales and