Government Shutdown Fears & Economic Stats To Direct Friday Moves

Fri, 19 Jan 2018 09:28

Irrespective of the lowest Jobless Claims number since 1973, the US Dollar Index (I.USDX) couldn't register a positive daily closing on Thursday as fears emanating from possible government shutdown, coupled with disappointing housing & Philly Fed Manufacturing details, kept raising bars for the greenback's recovery. Due to this, EUR and...


Few Consumer-Centric Details Are Left To Entertain Traders

Thu, 18 Jan 2018 09:50

With the major economic detail/events, namely UK CPI, BoC, AU Jobs Report and Chinese GDP & Industrial Production, scheduled to release during week are already out, investors are left with only few consumer-centric stats from UK & US to trade for the rest of the weekdays. However, political & economic...


Another Busy Day For Global Markets…

Wed, 17 Jan 2018 08:51

Tuesday proved to be a good-day for the US Dollar after nearly a week-long downturn as worries over the German Chancellor's ability to form a "grand coalition" and news suggesting ECB's inclination to wait for some more time before announcing any steps to close down its bond-purchase program dragged the...


All Eyes On UK Inflation & US Manufacturing Index

Tue, 16 Jan 2018 08:55

Monday's U.S. holiday and fewer economic details from rest of the globe couldn't restrict the forex market volatility as hawkish comments from ECB & BoE policymakers, coupled with oil spill at East China Sea, offered enough of moves to please global traders. However, the US Dollar Index (I.USDX) had to...


Political Plays To Join Hands With Longer Data-Line And Offer Busy Week Ahead

Mon, 15 Jan 2018 12:06

Soft consumer-centric data from US wasn't the only factor that dragged the US Dollar Index (I.USDX) to three-year low, receding Geo-political tensions emanating from Korea, expectations of tighter monetary policies elsewhere in the developed world and optimism concerning global growth were some other reasons that gained investor attention during last...