USD losing ground in Asia morning trade
<p>EUR, AUD, NZD, GBP, CHF all trading higher against the dollar. </p><p>As is CAD, busting through here:</p><ul><li><a href="https://www.forexlive.com/news/usdcad-key-support-at-13075-20220908/" target="_blank" data-article-link="true">USD/CAD key support at 1.3075</a></li></ul><p>—</p><p>Apart from what has been posted there…
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USDIndex – spiked to 109.95 highs yesterday and holds the BID @109.50 now. A strong NFP could lift the USD even higher. A weak number could prick the USD bubble…
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USDIndex slipped to test 106.00, before recovering to 106.20. US Stocks opened positively but closed flat for the day. NVDA –6.3%, Novavax -5.01%, AMC +8.03%, GM +4.16%. Asian markets mixed…
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USDIndex held onto NFP inspired bid trades at 106.40, from 106.80. NFP big beat across the board; headline more than double expectations at 528K, June revised 26K higher, Unemployment fell…
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The New Zealand Dollar rose, taking advantage of a broadly weaker US Dollar that fell as market sentiment improved overnight. APAC traders are watching today’s trade numbers out of Australia.
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The Reserve Bank of New Zealand is widely expected to hike its official cash rate (OCR) by 50bp today: Wednesday, 13 July 2022 due at 0200 GMT Previews earlier: Reserve…
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US major indices close the day with mixed results Can it really be? Earnings calendar starts next week Crude oil futures settle at $104.79 US May consumer credit outstanding +22.35B…
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USD declined (USDIndex 104.38), Equities finished much the way they began the year. Equities extended lower, led by tech, though declines were broadbased amid growth worries. – For the year-to-date, the USA100 plunged -29.5%, the USA500 dropped -20.6%,…
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The New Zealand dollar recorded solid gains vs. the greenback, snapping two days of consecutive losses, recovering from daily lows near 0.6266, pierci
Read More »USD surging higher, taking back some lost ground
The US dollar is higher across the major FX board. USD/JPY is back above 128 USD/CHF is back above 0.9600 and on approach to its high during the Europe timezone…
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