February 19, 2021 Get ready for big swings in currency markets on Friday The post retail sales rally in the USD did not last as it resumed slide against all major currencies on Thursday. This decline was…
February 17, 2021 Sustainability of USD rally hinges on retail data The US traders came back from their long weekend on Tuesday aiming at a busy trading week. They drove stocks to fresh record highs…
February 12, 2021 USD Rebounds as Stocks Wobble At the beginning of the year 2021, USD had hit a bottom and it hasn’t revisited those levels since January. However, sentiment is shifting…
February 11, 2021 USD remains undaunted despite Powell Warning USD traded higher against most of the major currencies seemingly unfazed by weaker inflation data and dovish comments from Fed Chairman Jerome Powell. With…
February 9, 2021 Get ready for new excitement Chinese New Year is days away and for many investors; it is the most exciting event of the week, especially with a light economic…
February 5, 2021 GBP Pops on BoE monetary policy announcement GBP shot higher after the Bank of England’s monetary policy announcement. The BoE voted unanimously to leave monetary policy unchanged. Some investors thought there…
February 3, 2021 What is driving strong USD demand? Investors bought USD against all of the major currencies on Tuesday. With stocks extending recovery and Treasury yields ticking up, we saw broad based demand…
February 2, 2021 New Month New Opportunities Investors kicked off the month of February with renewed optimism as equities and currencies rebounded after last month’s losses. A new month brings new…
February 1, 2021 Get ready for more volatility This past week should be a wake-up call for all investors. The market disruption caused by retail traders swapping ideas over reddit and squeezing…
January 28, 2021 Why did greenback pop on Wednesday? With the Federal Reserve holding its first monetary policy meeting of the year, it was easy to attribute Wednesday’s USD rally to the central…