The dollar traded mostly sideways

The dollar traded mostly sideways versus majors as investors await clues on the US China trade war, the major point of worry for global markets near term. FX markets traded a lackluster session, as very little price changes and lower trading volumes kept most traders...

The dollar traded higher

The dollar traded higher opening the trading week on a positive note after the steep losses following last week selloff. The index gained marginally 0.23% however the calm in the bond markets and the ease in the US China trade tensions are likely to play in favor of...

The dollar traded sharply lower

The dollar traded sharply lower versus majors following the dismal NFP report Friday and investors expectation for a Fed interest rate decrease as soon as July. This move capped the worst week for the dollar in 2019 and a decline of 1.45% in a week for the dollar...

The dollar traded lower following the ECB

The dollar traded lower versus majors following the ECB Press Conference that turned out a hawkish that expected Central Bank, however, the expectations of a rate increase in the Euro are off the table as well. Markets are now pricing a 50% probability of a dollar...

The dollar traded higher after three red days

The dollar traded higher after three red day this week on expectation that the global tariffs crisis is under control and the Trump administration will no exercise its plan versus Mexico ahead of talks between the countries. FX markets reversed back into the dollar as...

The dollar traded lower for the third day

The dollar traded lower for the third day in a row this week following comments from Fed Chairman Powell that showed the Fed is open to the move of lowering interest rates if slowdown in the economy and lower inflation will team up to back the move. While the dollar...

The dollar traded sharply lower

The dollar traded sharply lower for the second day in a row as investors move out to “safe heavens” on growth fears following the decision of the US government to impose tariffs on Mexico and the go nowhere trade negotiation process with China. Global...