Dollar bounces as weak tech earnings damp risk appetite By Investing.com
© Reuters. By Geoffrey Smith Investing.com — The dollar traded higher early in Europe on Friday, after weak earnings from three of Silicon Valley’s largest companies damped risk appetite more broadly. Amazon (NASDAQ:), Apple (NASDAQ:) and Google owner Alphabet (NASDAQ:), all saw their stocks fall after their reports for the final quarter of the year, […]
Weak consumption trajectory into Q1!
Treasuries pared earlier losses after the December income report showed cooling in income, a drop in spending, and deceleration in the annual measures of inflation. The numbers support the well-expected step down in the FOMC’s rate hikes to 25 bps on February 1. However, the headline and core rates were […]
Weak UK PMI data points to further Pound weakness |
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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 […]
Weak Rebound off the Multi-Month Low, Slowdown Fears Grow
US Dollar (DXY) Price and Chart Analysis US Treasury yields slump on growing recessionary fears. Multi-month support is likely to be re-tested. Recommended by Nick Cawley Forex for Beginners Most Read: US Dollar (DXY) Remains Under Pressure Ahead of Important US Data US Treasury yields slumped on Wednesday after the latest batch of data showed […]
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 […]
Market Update – January 19 – Stocks sink, USD rises after weak data & JPY bounces back
Weak data (Retail Sales & PPI) from the US added to recession worries – More Hawkish comments from a raft of FED speakers talking 5.25-5.5% terminal rates added to a safe haven bid for the USD, caused Stock markets to collapse (-1.24% to -1.81%) under key technical levels and speculators to back the YEN and […]
Australian Dollar Leaps Despite Weak Data as the US Dollar Slides. Higher AUD/USD?
Australian Dollar, AUD/USD, US Dollar, Crude Oil, Gold – Talking Points The Australian Dollar vaulted higher as the US Dollar wilted US data has led to a theory that the Fed might not be aggressive going forward China’s re-opening has not been smooth, but it might move AUD/USD Recommended by Daniel McCarthy Get Your Free […]
AUD/USD soars sharply above 0.6850 on weak ISM data and offered US Dollar
AUD/USD surged on weak US ISM Services data, which contracted to its lowest since 2020. The US economy added more jobs than estimated while wage growth eases, helping the Federal Reserve’s job to tame inflation. Fed policymakers reiterated the need to curb inflation, emphasizing that they will stay the course. The Australian Dollar (AUD) rallied […]
EUR/USD breaks above 1.0600 on USD sell-off after weak ISM
US Dollar under pressure across the board amid risk appetite and falling yields. US: A weak ISM Service sector report follows larger than expected increase in NFP. EUR/USD having best day in a month, still down for the week. The EUR/USD jumped above 1.0600 amid a sharp reversal of the US Dollar that tumbled across […]