All Eyes On Today’s US Economics

May 26, 2017 10:38

Even after carrying some expected upbeat news, Thursday proved to be a disappointment for global traders as OPEC-led production-cut couldn't satisfy energy players while latest polls showing a small lead of Theresa May over her counterpart for June election and weaker than expected GDP hurt the GBP. The US Dollar,...


Bears Rule USD Moves Before Important Stats

May 25, 2017 12:39

With the latest FOMC minutes signaling US policymakers' go slow intention on rate-hike after the June promise is made, coupled with some raising doubts on US inflation, Bears continue to dominate greenback moves. However, Friday's US GDP and Durable Goods Orders will become important for traders while forecasting near-term trend...


Expectedly Busy Day For Traders

May 24, 2017 11:02

In absence of any fresh news concerning allegations to Trump campaign or geo-political tensions between US & North Korea, traders' attention shifted towards safe-havens on Tuesday amidst Manchester blast. As a result, US Treasury yields manage to propel greenback prices when Trump administration's detailed budget for 2018 was announced and...


Another Push To Geo-Politics & The Rise Of Safe Havens

May 23, 2017 10:57

In spite of having almost empty economic calendar, coupled with US President's absence from home ground due to Middle East visit, the greenback refrained from registering heavy gains as Washington Post reported that Mr.Trump asked directors of National Intelligence & NSA in March to publicly deny his campaign's link with...


US Economics Could Shift Traders’ Attention Off Form Politics

May 22, 2017 12:50

Political upheaval is the single reason which can describe why US Dollar Index (I.USDX) plunged to its six-month lows during last-week when the ex-FBI Director revealed that he was asked to dump investigations of Russian intervention in election campaign. As a result, doubts over the Trump administration's capacity to deliver...