Market Talk
– The U.S. dollar rose after U.S. inflation data for June was higher than expected, raising the prospect that inflationary concerns are set to linger spurring bets of faster monetary policy tightening than Federal Reserve officials have so far signaled.… Read More
Tag: EUR/AUD
FX Commentary – US Dollar Edged Higher As Investors Seek Out Safe Havens
Market Talk
– The US dollar edged higher on Tuesday as the COVID-19 pandemic encouraged investors to seek safe havens, ahead of U.S.… Read More
FX Commentary – Crude Oil Price Rally Lifted Canadian Dollar
Market Talk
– The dollar was slightly down on Tuesday morning in Asia as rising oil prices and the general optimism for a global economic recovery from COVID-19 pandemic boosted riskier currencies and dampened safe havens.… Read More
FX Commentary – US Dollar Pinned Near A 2-week Lows
Market Talk
– The dollar started the week pinned near two-week lows on Monday as traders questioned whether the economic recovery from the pandemic in the United States would be as fast as expected and outpace other major economies, amid disappointing employment data.… Read More
FX Commentary – US Dollar Weakened By Soft Inflation Data
Market Talk
– The dollar was pinned near two-week lows on Thursday, as softer-than-expected U.S. inflation and another Federal Reserve promise to keep interest rates low reinforced expectations of meagre returns from the greenback.… Read More