ForexLive European FX news wrap: Yen falls, dollar steady in final stretch of the week
Headlines: Markets: NZD leads, JPY lags on the day European equities slightly higher; S&P 500 futures up 0.1% US 10-year yields up 4 bps to 3.433% Gold down 0.2% to $1,927.98 WTI crude up 0.2% to $80.49 Bitcoin up 0.3% to $21,014 It was a relatively quiet session with the dollar sitting more mixed across […]
Dollar remains unloved; sterling drops on weak retail sales By Investing.com
© Reuters. By Peter Nurse Investing.com – The U.S. dollar edged lower in early European trade Friday, remaining around seven-month lows amid concerns of a U.S. economic slowdown, while sterling retreated after weak retail sales data. At 03:15 ET (08:15 GMT), the , which tracks the greenback against a basket of six other currencies, edged […]
Australian Dollar, Dow Jones at Risk as Fed Officials Stress Tight Policy Ahead
Australian Dollar, AUD/USD, Dow Jones, Hawkish Fedspeak – Asia Pacific Market Open: Australian Dollar fell Thursday as risk aversion sank Dow Jones Hawkish Fedspeak was a key driver, Asia-Pacific markets at risk AUD/USD remains above the 20-day Simple Moving Average Recommended by Daniel Dubrovsky Get Your Free AUD Forecast Asia-Pacific Market Briefing – Australian Dollar […]
Dollar slips lower; recession fears mount By Investing.com
© Reuters By Peter Nurse Investing.com – The U.S. dollar edged lower in early European trade Thursday, continuing its recent selloff after weak U.S. economic data hinted at an upcoming recession, providing more arguments for the to slow down its aggressive interest rate increases. At 03:15 ET (08:15 GMT), the , which tracks the greenback […]
US Dollar Price Action Setups: EUR/USD, GBP/USD, USD/JPY
US Dollar, EUR/USD Talking Points: US Dollar weakness continued to show yesterday as DXY printed a fresh seven-month-low; but buyers put in a response in the latter portion of the session leaving that daily candle as a doji. As USD has built a short-term range, so has EUR/USD. GBP/USD is testing above a longer-term Fibonacci […]
Dollar slips after weak data while yen ticks up By Reuters
© Reuters. FILE PHOTO: A U.S. hundred dollar bill and Japanese 10,000 yen notes are seen in this photo illustration in Tokyo, February 28, 2013. REUTERS/Shohei Miyano By Harry Robertson and Rae Wee LONDON/SINGAPORE (Reuters) – The dollar slipped on Thursday after a raft of data showed the U.S. economy is losing momentum, while the […]
The US Dollar Bounces Back as Recession Fears Swirl. Where to for USD?
US Dollar, DXY index, USD, Fed, USD/JPY, AUD/USD, NZD/USD – Talking Points The US Dollar had a bumpy ride before composing itself today AUD, NZD and JPY have had a busy day on data and news The Fed compass is set due north, but how far and fast in that direction? Recommended by Daniel McCarthy […]
New Zealand Dollar Looks Past PM Jacinda Ardern’s Resignation, Eyes on Wobbly Markets
New Zealand Dollar, NZD/USD, NZ PM Resigning, US Data – Asia Pacific Market Open: NZD/USD looks past New Zealand Prime Minister Jacinda Ardern resigning Rather, the Kiwi Dollar sank earlier as risk aversion boosted the US Dollar New Zealand Dollar vulnerable if sentiment deteriorates in Asia-Pacific trade Recommended by Daniel Dubrovsky Get Your Free USD […]
Australian dollar extending its losses, USD more broadly higher
<p>The Australian dollar dropped after the employment report:</p><p><a href="https://www.forexlive.com/news/australian-december-unemployment-rate-35-vs-expected-at-34-and-prior-also-34-20230119/" target="_blank" rel="follow" data-article-link="true">Australian December unemployment rate 3.5% vs. expected at 3.4% and prior also 3.4%</a></p><p><a href="https://www.forexlive.com/news/australian-dollar-lower-following-the-jobs-report-20230119/" target="_blank" rel="follow" data-article-link="true">Australian dollar lower following the jobs report</a></p><p>AUD/USD has extended lower still, to just under 0.6900. </p><ul><li>NZD/USD has lost some ground with it.</li><li>EUR is a touch softer. USD/JPY has […]
Australian Dollar Dipped After Slight Miss on Jobs Data. Where to for AUD/USD?
Australian Dollar, AUD/USD, US Dollar, Employment, – Talking Points The Australian Dollar lost ground after jobs numbers disappointed Despite the miss, the Australian labour is tight and might impact CPI The US Dollar continues to hold sway. Will it allow AUD/USD to make a new high? Recommended by Daniel McCarthy Get Your Free AUD Forecast […]