AUD saw a marginal recovery on Friday but was one of the worst-performing G10 currencies. Falling commodity prices and Chinese economic woes weighed on the […]
Tag: Dollar
US Dollar struggles with mixed PCE figures and rate cuts bets
US Dollar DXY struggling to rebound amid mixed PCE figures and anticipations of Fed cuts. The possibility of a rate decrease by the Fed in […]
US Dollar battles and gets favored by strong GDP revisions
US Dollar DXY trimmed losses after robust Q2 GDP figures US economy appears to remain resilient but dovish bets on the Fed remain steady. In […]
Australian Dollar extends losses amidst concerns around Australian and Chinese economy
AUD/USD saw a larger decline on Thursday, to land at 0.6550, reverting to the status of being the worst performing G10 currency. Persistent concerns about […]
Australian Dollar tallies weekly losses, RBA hawkish stance to limit the downside
AUD/USD registered a significant drop on Friday, slipping below 0.6700. Employment data continues to shape possible RBA and Federal Reserve decisions. The Aussie’s downside is […]
Australian Dollar rises as soft US CPI data fuels dovish bets on the Fed
AUD continued its upswing on Thursday against USD. Markets adjust their stance on the Federal Reserve following US inflation figures. RBA’s reluctance to initiate rate […]
Australian Dollar mildly up on quiet Wednesday, markets gear up for US CPI
AUD made mild gains on Wednesday against the USD. Markets are still deciphering Jerome Powell’s cautious stance, which limits traction for USD. RBA’s hawkish stance […]
US Dollar soft ahead of CPI data, Powell testifies
US Dollar, down 0.80% last week, now at lowest level since mid-June. Anticipation builds with the upcoming release of the June inflation figures and Fed […]
Canadian Dollar kicks off the week with a lazy Monday fizzle
Canadian Dollar flows mostly stuck in place on Monday, limiting price momentum. Canada has a strictly low-tier showing on the economic calendar this week. Markets […]
US Dollar gets to keep losses for this week with NFP unable to trigger turnaround
The US Dollar retreats for a fourth straight day this week. Nonfarm Payrolls print stronger, though unemployment rate disappoints. The US Dollar index drifts back […]