US Dollar Hangs In Indecision Ahead Of Crucial Days

March 23, 2017 09:56



While growing doubts over Mr. Trump's capacity to enact promised economic and tax policies dragged the US Dollar to four-month lows on Wednesday, the greenback refrained from favoring short-term Bears on the day when Republican health-care bill will be offered for a vote in Congress. Being considered as a litmus-test...


Trump Propelled Risk-sentiment & Dragged The USD Down

March 22, 2017 08:35

With a republican backed budget proposal, to replace/repeal Obamacare programme, drawing strong opposition from democrats, US President warned of political problems if the house fails to get it passed during Thursday's gathering. The same clouded possibilities that Mr. Trump could deliver his promised pro-growth measures and offered additional reason to...


Policymakers Propelled Market Moves

March 21, 2017 07:41

In an otherwise dull trading-day, with less economics to observe and Japanese holiday, policymakers from US, EU and UK helped global markets remain alive. At US, comments from Chicago Fed President Charles Evans and Minneapolis Fed representative Neel Kashkari increased uncertainty over the pace of future rate-hike by the Federal...


US Economics May Take A Back-Seat

March 20, 2017 14:03

Absence of propelling rate-hike forecasts from the Federal Reserve, coupled with US President's defense-oriented budget proposal, pushed USD traders to behave as if there was no rate-hike during last week and dragged the greenback gauge (I.USDX) to post another weekly loss. Rest of the currencies took this as advantageous and...


Fewer Data-Points To Offer An Apparently Dull Week

March 20, 2017 11:38

With less accepted rate-guidance and absence of hawkish statement from US Federal Reserve, USD Bulls nursed losses and made greenback gauge post the longest losing streak since Donald Trump won Presidency. On the top of that, not so welcomed economics and Trump's defense-oriented budget proposal provided additional weakness to the...