Market Talk
– The U.S. dollar was little changed against major peers on Friday, but was on track for its best week in four as investors weighed the boost from tighter Federal Reserve policy and the risks of a U.S.… Read More
Tag: XAU/USD
FX Commentary – US Dollar Rose, Aided By Safe Haven Demand
Market Talk
– A resurgent U.S. dollar, aided by safe-haven demand on renewed worries about higher rates and a global recession after central bank chiefs signaled a resolution to bring down inflation, climbed to a new 24-year peak against the yen.… Read More
FX Commentary – US Dollar Slipped On Treasury Yields Decline.
Market Talk
– The U.S. dollar slipped against most major peers on Wednesday as U.S. Treasury 10-year yields slid more than 1 basis point in Tokyo, taking some of the sheen off the greenback, with investors mulling the risk of a recession from aggressive Federal Reserve rate hikes.… Read More
FX Commentary – US Dollar Eased On Softening Inflation.
Market Talk
– The U.S. dollar struggled versus its major rivals as softening inflation expectations prompted a reassessment of the prospects for aggressive interest rate hikes after some high-frequency data indicators showing economic momentum starting to cool amid a drop in commodity prices.… Read More
FX Commentary – US Dollar Slipped As Traders Bet Inflation May Have Peaked.
Market Talk
– The U.S. dollar slipped on Friday and posted its first weekly decline this month, as traders pared back bets on where interest rates may peak and brought forward their outlook on the timing of rate cuts to counter a possible recession
– US data were mixed on Friday as new home sales jumped 10.7% and.… Read More