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dollar

Bitcoin Spikes As US Inflation Drops Sharply
Bitcoin Spikes As US Inflation Drops Sharply

US Inflation TanksBitcoin prices are on watch today after the futures market surged higher yesterday in response to weaker-than-forecast US inflation data. Annualised headline CPI came fell back to...

US Inflation Expected To Cool Sharply Today
US Inflation Expected To Cool Sharply Today

Inflation On WatchAll eyes are on the US Dollar today as traders await the June CPI print this afternoon. On the numbers front, the market is looking for headlines annualised CPI to cool to 3.8% from...

Dollar On Watch Ahead of Inflation Tomorrow
Dollar On Watch Ahead of Inflation Tomorrow

Fresh US/Iran AttacksThe US Dollar is starting the week in a muted fashion with the DXY a little softer through the European open on Monday. Traders are monitoring headlines on the Middle East...

Gold Firmer As Traders Eye US/Iran News
Gold Firmer As Traders Eye US/Iran News

Gold Stabilising on ThursdayGold prices are looking a little more stable today following a sharp bounce off yesterday’s lows. The market had initially broken lower in response to a surge in oil prices...

FOMC Mins In Focus This Week
FOMC Mins In Focus This Week

 Fed Rate Hike ExpectationsOver a much quieter data schedule this week, focus for the US Dollar will be on the FOMC minutes due on Wednesday. Rate hike expectations have been shifting around since...

Dollar Dumped On NFP Miss
Dollar Dumped On NFP Miss

Weak Jobs DataThe US Dollar is trading lower today on the back of the June NFP release yesterday which came in sharply below forecasts. The headline NFP reading fell to just 57k last month, well below...

Dollar Plunges On Suspected JPY Intervention
Dollar Plunges On Suspected JPY Intervention

BOJ Intervention?The US Dollar is falling sharply today ahead of the keenly awaited June NFP release this afternoon. The downside action looks linked to the strong rally we’re seeing in JPY today...

Dollar Steady Ahead of Warsh Speech & Jobs Data
Dollar Steady Ahead of Warsh Speech & Jobs Data

Fed Chair to SpeakThe US Dollar remains buoyant today ahead of a closely watched speech by new Fed chairman Kevin Warsh who speaks at the ECB’s Sintra conference today. While the DXY is down from last...

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EURUSD Lower Ahead of ECB/Fed Speakers

Hawkish Fed ExpectationsEURUSD is falling today ahead of keenly awaited speeches from both ECB’s Lagarde and Fed’s Warsh. Hawkish Fed expectations have propelled USD higher in recent weeks with...