Renewed Geo-Political Turmoil & Friday Moves To Entertain Traders

August 18, 2017 11:08

Thursday's US Jobless Claims flashed another sign of strong labor market by declining to the lowest levels since February and the Philly Fed Manufacturing Index registered better than forecast number. As a result the US Dollar Index (I.USDX) managed to post a daily positive closing for the third time in...


With Few Events On Hand, Markets May Offer Couple Of Dull-Days

August 17, 2017 13:08


Although war-like dialogues between US & North Korea, coupled with soft inflation number from US, dragged the US Dollar Index (I.USDX) again towards south during last-week, receding tensions and an improvement in US data-points helped the greenback to recover some of its losses at the start of present week. However,...


US Economics Propelled USD, UK Jobs & FOMC Minutes Now Grab Attention

August 16, 2017 10:22

With US Retail Sales rallying the most in 2017 and North Korean media reporting that the leader, Kim Jong Un, has postponed plans to strike US territory of Guam, global investors shifted their attention from Geo-political crisis to upbeat US economics. As a result, greenback skeptics again started weighing chances...


UK & US Events To Keep The Traders On A Move

August 14, 2017 13:55

While upbeat Jobs report helped the US Dollar Index (I.USDX) to flash first in a four-week positive closing during earlier week, geo-political tensions between US & North Korea, coupled with weaker than forecast CPI numbers, again dragged the greenback gauge towards south at the end of last-week. The EUR, however,...


Receding Geo-Political Tensions & Lesser Economics To Curb Market Moves

August 14, 2017 12:04

In addition to pre-existing political turmoil, due to heated arguments between US & North Korean leaders, smaller than expected rise in US inflation gauge raised doubts on the Fed's capacity to announce another rate-hike and dragged the US Dollar Index (I.USDX) again towards south on a weekly basis. The EUR...