US Dollar Still the Safe Haven of Choice, Fed Meeting Minutes Present Event Risk Next Week
US Dollar Still the Safe Haven of Choice, Fed Meeting Minutes Present Event Risk Next WeekBritish Pound Continues to Consolidate Below 1.4950-1.5000, Forecast Depends on BOE Minutes, Investor SentimentEuro Fails to Break Above Key Trendline Resistance, Shift in Risk Appetite Suggests Weak Open on SundayJapanese Yen Dominates as Demand for Carry Trades Remains Lackluster
US Dollar […]
Dollar and Yen Rally as Markets Retrace Gains from Middle of the Week
Dollar and Yen Rally as Markets Retrace Gains from Middle of the Week
JPN Household Spending Drops 2.3%, Unemployment Rate Falls to 4%
We begin with a barrage of data from Japan to end the month. Household spending declined 2.3% in September compared to a year ago, the seventh consecutive month that spending has been negative. The […]
Stocks Close Out Week Strong, Dollar Rallies Against the Majors
Stocks Close Out Week Strong, Dollar Rallies Against the Majors
The dollar resurged in intraday trading posting strong gains against the majors as the risk aversion trend continues influence market movements. The EurUsd sunk 200 pips to the low range of 1.27, while the UsdJpy declined roughly 60 pips finding support at 98. The GbpUsd collapsed […]