US dollar news

There are several 'high' rated events on the calendar over the coming week, but most of them are clustered together on Thursday.

Two of the most systemic fundamental threats facing the financial system have eased this past week in the avoidance of a second US government shutdown and the enthusiastic language being applied to the negotiations between the US and China on trade. Is this the foundation for a new phase of ‘risk on’?

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The Euro initially fell during trading on Friday, after comments coming out of an ECB member suggested that perhaps the slowdown was “much more significant than originally thought.”

The S&P 500 initially pulled back during the trading session on Friday, but then shot to the upside and showed signs of strength yet again.

The US dollar fell initially during the trading session on Friday but turned around of form a bit of a hammer.

Oil prices started the week by trading at their highest prices since November 2018, boosted by supply concerns due to sanctions from the U.S. against Iran and Venezuela, as well as OPEC’s production cuts which began in January.

The Yen and US Dollar may rebound as hopes for a breakthrough in the US-China trade war give way to worries about a looming hike in auto import tariffs.

ASEAN currencies mostly fell this past week against the US Dollar. USD/IDR eyes the Bank of Indonesia with the threat that soft European economic data poses for risk trends.

The Norwegian Krone and Swedish Krona may find it increasingly difficult to climb higher as the EU economy slows down, potentially dampening economic activity in the Nordics.

Gold prices soared to challenge three-week range resistance, buoyed by a weaker US Dollar. A break higher would put a trend-defining top in the crosshairs.

The US Dollar fell as a recovery in sentiment sapped its appeal as a haven asset. Asia stocks may rise, offering the Nikkei 225 a chance to confirm a close above critical resistance.

Two of the most systemic fundamental threats facing the financial system have eased this past week in the avoidance of a second US government shutdown and the enthusiastic language being applied to the negotiations between the US and China on trade. Is this the foundation for a new phase of ‘risk on’?

The Dow Jones Industrial Average and the German DAX will look to progress from the US-China trade talks and potential auto tariffs.

This week is likely to see an increase in market activity, with central bank input due from the U.S. Federal Reserve and the Reserve Bank of Australia, as well a few items of crucial economic data for various currencies.

Developments coming out of the U.S. economy may continue to heighten the appeal of gold as the Federal Reserve further adjusts the forward-guidance for monetary policy.

The US Dollar seesawed last week, reflecting the competing influence of fundamental cross-currents. Risk sentiment consistency may be needed for a lasting trend.

The British Pound is just about keeping its poise against a range of currencies, especially a strong US dollar, with less than two weeks until PM May presents her Brexit deal to Parliament again.

There are several 'high' rated events on the calendar over the coming week, but most of them are clustered together on Thursday.

Fresh comments coming out of the Reserve Bank of Australia (RBA) may rattle the recent rebound in AUD/USD as the board alters the forward-guidance for monetary policy.

Section 232 deadline is set for Feb 17th, in which the Department of Commerce will present their findings on whether Eurozone autos present a threat to the United States national security.

Recent price action brings the 2019-high ($1326) on the radar for gold as a bull-flag formation appears to be unfolding.

Next week brings a Monday holiday in the United States in observance of President’s Day, and the economic calendar is relatively light.

The sixth round of US-China trade negotiations has come to an end, and there’s still no deal in place to avoid the March 2 tariff deadline.

A marked rebound in the U. of Michigan Confidence survey may keep EUR/USD under pressure as it highlights an improved outlook for the U.S. economy.

With their multi-billion-dollar merger in the US still undecided, senior executives of T-Mobile and Sprint took their case to Washington. Some there doubted whether their promises on prices and competition were credible.

The US says "very difficult issues" remain unresolved with talks due to resume in the US next week.

UK Retail Sales Boost Lifts Pound Sterling US Dollar (GBP/USD) Exchange Rate A better-than-expected uptick in January’s UK retail sales data helped to lift the Pound Sterling to US Dollar (GBP/USD) exchange rate from its one-month low. As sales picked up 1.2% on the month this gave investors cause for confidence,... [...]

The Japanese Yen and US Dollar are aiming to continue higher as soft data out of the US and China stoke global slowdown worries and sour market sentiment.

The Euro fell initially during trading on Thursday but found buyers to come in and push higher yet again.

The US dollar initially tried to rally during the trading session on Thursday but gave back quite a bit of the gains as we got very poor economic numbers out of America.

The S&P 500 went back and forth during the trading session on Thursday, as we initially broke down during the trading session after horrible retail sales and PPI numbers in the United States.

The US Dollar moved lower versus the Japanese Yen during Asian trade on Friday after some disappointing data cemented beliefs that the US central bank will hold interest rates unchanged for the remainder of the year.

Crude oil prices may turn lower as worries about slowing global growth weigh on cycle-sensitive assets but US consumer confidence data may offer a lifeline.

The outlook for Sweden’s economy and the Riksbank’s monetary policy suggests that USD/SEK will continue to trend higher as 2019 unfolds.

The S&P 500 struggled closing the gap after dismal US retail sales fueled market-wide risk aversion. This left the US Dollar mixed as equities look increasingly vulnerable.

A three-week decline in the British Pound has taken price back into critical support at the yearly open. Here are the levels that matter on the GBP/USD weekly chart.

The failed attempt to test the monthly-high ($55.75) may generate range-bound conditions for crude as oil prices snap the bullish series from earlier this week.

Signs that the US-China trade negotiations have hit a snag plus seemingly inexplicably weak US economic data have the DXY Index working on a doji on Thursday.

GBP/USD Exchange Rate Falls as US Retail Sales Plummet The Pound US Dollar (GBP/USD) exchange rate is down today and is currently trading around $1.2817 on the inter-bank market. The US Dollar (USD) gained against the Pound (GBP) today despite US retail sales figures for December falling considerably below... [...]

The US Dollar is pulling back from another fresh 2019 high, and as seen earlier this week, the big question is how motivated bulls might remain to be.

Euro to US Dollar Exchange Rate Struggles to Recover from Near Worst Levels amid Eurozone Growth Jitters Euro to US Dollar Exchange Rate Kept Near Worst Levels on Economic Divergence Signs that the Eurozone economy has slowed more than expected, combined with the strong US economic outlook, have made it difficult for the Euro to US Dollar (EUR/USD) exchange rate to recover from near multi-month-lo…

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The Euro fell rather hard during the trading session on Wednesday, as we continue to test the support level just below.

The US dollar rallied yet again against the Mexican peso during the trading session on Wednesday as we continue to see greenback strength.

The US dollar continues to shoot straight up against the Japanese yen and basically defy gravity.

The S&P 500 rallied during the trading session on Wednesday but gave back quite a bit of the gains in somewhat disappointing fashion.

According to reports from Bloomberg and Reuters, U.S. President Donald Trump is weighting the possibility of extending the March 1st deadline.

The Euro is looking to revised Eurozone GDP data having shrugged off disappointing performance in Germany. The US Dollar may rise if retail sales data tops forecasts.

Gold prices continue to pressure chart support guiding the uptrend from November as investors eye US retail sales data. Crude oil prices’ resilience may be challenged.

US Dollar resumed rally as CPI report reduced dovish Fed policy bets, sapping upside potential from the S&P 500 which looks more vulnerable. Asia Pacific stocks may trade lower.

The testimony with RBNZ Governor Adrian Orr may continue to shake up NZD/USD as the central bank warns that the next move in the cash rate ‘could be up or down.’