Dollar surges to new highs, stocks in retreat
Overnight Headlines *US stocks fell after +6% US CPI, Tech worst hit *USD hit 15-1/2 month high, EUR below 1.15 *Gold jumped to a five-month top at $1868 *Vix touches…
Read More »NZD/USD Gyrates at Support as Economic Strength Bolsters RBNZ Rate Hike Bets
NZD/USD clings to support after Greenback strength pushed the pair lower. However, the Kiwi economy continues to recover, evidenced by today's business PMI print. That is bolstering RBNZ rate hike…
Read More »Dollar bides it time after strong jobs data
Overnight Headlines *US stocks continued higher after the decent US jobs report *USD made new highs before dropping back *US 10-year Treasury yields fell sharply, below 1.45% *Gold hits highest…
Read More »NFP: Signs indicate a solid gain!
The US Dollar rallied after the better NFP outcome, and upwardly revised prior months. EURUSD fell to a 15-month low of 1.1515 from 1.1540, while USDJPY topped at 114.03 from…
Read More »Events to Look Out for Next Week
After a volatile week, with the solid US jobs report having limited impact on the ongoing move lower in yields rates, markets are expected to eyeing inflation and continue pricing…
Read More »Fed’s dovish taper, BoE’s dovish hike?
Overnight Headlines *US stocks closed at all-time highs…again *USD moved lower initially but is back above 94 *No surprises from patient Fed who trimmed bond buying by $15bn per month…
Read More »US dollar sits firm in the 94 area ahead of the Fed
The US dollar was slightly firmer overnight as traders get set for the US Federal Reserve that started its two-day meeting on Tuesday. The Fed is expe
Read More »Patient RBA kicks off central bank meetings
Overnight Headlines *US stocks edged higher on strong corporate earnings *USD eased as EUR moved back above 1.16 *RBA abandons yield control but remains dovish, AUD falls *France pulls back…
Read More »Busy week of central bank meetings and data
Overnight Headlines *US futures in the green, closed at another record high Friday *USD rebounds strongly after solid PCE data *Japanese stocks jump after ruling LDP party secures election victory…
Read More »Markets Week Ahead: Dow Jones, US Dollar, Gold, British Pound, Fed Taper, NFPs, BoE Hike?
The Dow Jones, S&P 500 and Nasdaq 100 hit records highs despite Fed QE tapering being just around the corner. Is volatility about to rise? The British Pound is eyeing…
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