Tag Archives: USD
USD Analysis
The USD ends this week lacking a strong catalyst to rise from the minutes of the July FOMC meeting, and accordingly,
USD Mid-day Analysis
The Dollar is deriving only limited buying interest in the wake of a series of safe haven headlines overnight and that highlights the lack of bullish resolve toward the Greenback.
The Global Macro Pulse
The IDR was the big mover in Asia trading. USDIDR gapped lower on the open to 11513 before paring its gain to 11560,
Daily FX Wrap and Strategy
The NZD is higher on the back of the US FOMC Minutes,up 0.4% against the USD to 0.8820.
USD Mid-day Analysis
After a downside extension overnight the September Dollar index has managed to recover.
FOMC Minutes: USD Another Reaction?
The main Fed focus for the week are today’s minutes from the June FOMC announcement.
Trading patterns surrounding the FOMC minutes
• The FOMC minutes have proved important in bridging the gap between what the dovish Fed leadership are thinking, and the evolving view among other FOMC members.
The Global Macro Pulse
The USD strengthened in mid-day trading in Asia. USDJPY edged higher to 101.6, AUDUSD dipped towards 0.939 and
EUR/NOK above 8.43 = bullish. €Z stocks fell hard
The EZ turned sourer yesterday with not only the €stoxx bank index breaking lower but also €stoxx50 came crashing down through its 55d ma band.
USD Mid-day Analysis
The Dollar remains underpinned by last week’s surprisingly positive Non-farm payroll result.
China Reserve: How has this affected on global FX?
China continues to drive global FX reserve accumulation, with close to US$4 trillion in holdings. How has this affected global FX so far, and how will it continue going forward?
The Global Macro Pulse
G10 FX was mixed, with AUD rising to 0.938 on improvement in NAB business survey, while CAD continued to weaken by another 0.2%.