Tag Archives: USD
Daily FX Wrap and Strategy
The NZD shrugged off an early-week bout of selling to sit at0.8760 against the USD this morning, up 0.2% for the day.
USD Mid-day Analysis
The Dollar has garnered some lift from disappointing German Industrial output results overnight but that setback might be the result of a smaller reporting period.
The Global Macro Pulse
The USD started the week on a stronger footing as the US 10y yield opened 1.6bps higher to 2.656%.
Weekly Leveraged Funds Positioning Data
• Leveraged funds increased their net short positions in the USD by USD1.5bn. This comes following the release of final Q1 GDP data showing a much larger contraction that initially estimated.
The Week Ahead in FX
In the week ahead, investors will be focusing on Wednesdays’ minutes of the Federal Reserve’s June meeting, with few other major U.S. economic reports on the calendar.
The Global Macro Pulse
The dollar has drifted against the major currencies with AUDUSD up a touch to 0.9360,
Markets After ECB & NFP
The overnight market sentiment was positive; US equity indices reached their all-time highs as NFP number turned out to be much better
Weekly Economic & Financial Commentary
U.S. Review All the Rage is the Wage • Nonfarm payrolls sparked a few fireworks,
US Data Reaction
BofA: Nonfarm payroll growth surged to 288,000 in June, exceeding expectations of a trend-like 215,000 clip.
US: Another strong labour market report
Today’s US labour market report was very strong. More jobs than expected had been created in June and the unemployment rate dropped significantly.
Nonfarm Payroll give US Dollar Much Needed Boost
Going into today’s US nonfarm payroll release expectations were for a strong number with many believing there’d be a better figure than the expected 215k and
USD Mid-day Analysis
Apparently the flow of US data this week has reversed sentiment toward the Dollar.