Market Update – February 7 – USD Holds on to Gains, Stocks Flat, Oil Rallies
Trading Leveraged Products is risky RBA raised rates as expected by 25bp & signaled more to come – AUD rallied, USD holds at recent 1-mth highs & Yields remain elevated too. US Stocks closed lower but Asian markets & European FUTS are higher. Google announced “Bard”, Baidu “Ernie Bot” and […]
Dollar flat ahead of Fed decision; risk of hawkish push-back seen By Investing.com
© Reuters By Geoffrey Smith Investing.com — The dollar was flat in early trading on Wednesday in Europe, with the markets becalmed ahead of the U.S. Federal Reserve’s policy decision later. By 03:10 ET (08:10 GMT), the , which tracks the greenback against a basket of advanced economy currencies, was at $101.84, down less than […]
Dollar flat as market braces for central bank decisions later in the week By Investing.com
© Reuters. By Geoffrey Smith Investing.com — The dollar was up modestly in early trading in Europe on Monday, at the start of a key week for central bank meetings on both sides of the Atlantic. By 03:00 ET (08:00 GMT), the , which tracks the greenback against a basket of six advanced economy currencies, […]
Dollar flat as market waits for U.S. GDP figures By Investing.com
© Reuters. By Geoffrey Smith Investing.com — The dollar was little changed in early trade in Europe on Thursday, with the market apparently content to wait for U.S. GDP figures before taking new positions. By 02:55 ET (07:55 GMT), the , which tracks the greenback against a basket of six advanced economy currencies, was essentially […]
Dollar flat as Aussie surges; Sterling edges lower on PPI; Ifo eyed By Investing.com
© Reuters. By Geoffrey Smith Investing.com — The dollar was little changed in early trading in Europe on Wednesday, with the market apparently settling in to wait for the release of U.S. fourth quarter figures on Thursday. By 03:05 ET (08:05 GMT), the that tracks the greenback against a basket of six developed market currencies […]
US stocks set for a flat open
S&P 500 futures are now flat ahead of the open. The risk mood improved after the poor Empire Fed survey tilted the market further towards the belief the Fed won’t hike rates beyond 5% and could be cutting before year end. In terms of bellwethers, Whirlpool Corp is down 2% in the premarket after pre-releasing […]
Dollar largely flat; U.S. CPI in focus after Powell fails to provide lead By Investing.com
© Reuters. By Peter Nurse Investing.com – The U.S. dollar traded largely flat in Europe Wednesday, with risk sentiment on the rise but attention firmly on this week’s key U.S. inflation release. At 03:10 ET (08:10 GMT), the , which tracks the greenback against a basket of six other currencies, edged higher to 103.017, holding […]
Market Update – January 4 – USD & JPY hold gains, Stocks flat & Oil tanks
The first full day of 2023 saw stocks flat, a bid for the Greenback & Yen, weaker EUR following softer German CPI data and Oil markets collapse on global growth worries. Treasuries are firmer with US10yr yields losing -2.61%. Overnight Asian stocks have traded mostly firmer despite the negative handover […]