All Eyes On British Economic Calendar

October 17, 2017 09:54

Having posted a negative weekly closing, the US Dollar Index (I.USDX) managed to recover some of its latest losses on Monday as seven-year high Empire State Manufacturing Index and speculations that Fed's next leader could be a hawk propelled the greenback. The EUR, on the other hand, declined on political...


A Crucial Week For The GBP & Commodity Traders

October 16, 2017 14:28

Last week was the most unfortunate for the USD Bulls among previous five, as early week pessimism concerning US President's tax plan and not so good FOMC minutes met with softer than expected inflation and dragged the greenback gauge (I.USDX) towards posting first negative weekly close. However, the commodity front...


After China’s Inflation, EU, US & New Zealand Numbers Gain Market Attention

October 16, 2017 09:46

With uncertainty over the future of US President's tax plan and not so positive FOMC minutes dragged the greenback down during early last week, softer than expected US consumer-centric numbers resulted into the first negative weekly closing by the US Dollar Index (I.USDX) in previous five. The EUR gained after...


Consumer-Centric Details To Act As Catalysts For The Day

October 13, 2017 09:21

Although US PPI rallied by the most in five months and offered the US Dollar Index (I.USDX) a positive daily closing, the greenback failed to strengthen against GBP, JPY and some commodity currencies as looming concerns over the failure of US President's tax plan kept the USD under check. The...


US Inflation Becomes Market’s Concern As Geo-Political Threats Recede

October 12, 2017 11:47

While last week's upbeat economics favored the US Dollar Index (I.USDX) to complete fourth consecutive weekly advance, feud between Republican leaders and not so strong FOMC minutes has been dragging the greenback down during the week. As a result, commodity basket and safe-havens recovered some of their latest losses while...