Handful Of Events And An Active Week Ahead

January 16, 2017 13:04

For all those seeking clear details on Trump's fiscal and tax policies during his first press conference, after being elected as US President, last week was a disappointment as Mr. Trump refrained from discussing any such things and focused more on divisive policies. With this, the US Dollar extended its...


Disappointment Dragged US Dollar Down

January 12, 2017 09:28

All those who were eagerly waiting for US President-elect, Donald Trump, to provide specifics of tax cuts and infrastructure spending during his first press conference after being elected left disappointed on Wednesday as Mr. Trump failed to provide any such details. As a result, the US Dollar Index (I.USDX) dipped...


Few Consumer-Centric Details To Rule Market Moves

January 09, 2017 12:10

While year-end doldrums curbed market moves during early last-week, FOMC minutes disappointed greenback traders when it indicated an expected upside risk to the US Inflation due to Donald Trump's fiscal policies. The resultant weakness stretched USD correction towards posting second consecutive weekly loss even if the Average Earnings grew quite...


A Week Filled With Less Economics

January 09, 2017 08:59

The first full-week of 2017 couldn't recall US Dollar Bulls and the resultant moves portrayed second consecutive weekly loss by the greenback gauge. The EUR and commodity currencies, namely AUD, NZD and CAD, stretched their previous recovery while GBP and JPY failed to gain buyers' favor. However, traders' fraternity started...


All Eyes On US Jobs Report

January 06, 2017 09:12

All the optimism for US economy and the USD went into vein ever since the FOMC mintues threatened investor's fraternity about Trump's fiscal policy's side-effects. The greenback dropped for second-day on Thursday after ADP, an early signal for today's NFP, lagged behind expectations and defeated upbeat ISM Non-Manufacturing PMI &...