Monex

USD With the US out for Thanksgiving yesterday, dollar trading conditions were naturally muted. A similar story is likely to be true today as well, with many in the US taking an extended weekend...

USD As anticipated, Chair Powell delivered some distinctly non-committal responses in his speech yesterday evening. Perhaps most notably, he suggested that “The economy is not sending any signals...

USD After rallying through Friday afternoon, the dollar starts the new week making further gains against the rest of the G10 complex. Commentary over the weekend for the US has seen markets continue...

USD Outlook As expected, Trump’s presidential election victory saw significant upside support for the greenback. This culminated in the US Dollar Index index topping out just shy of 105.50 yesterday,...

As expected, the October payrolls data came in soft. But, showing just 12k jobs added, this was much weaker than the 100k reading that economist consensus had been looking for. Even so, market...

Eurozone inflation surprised marginally to the upside in October, with headline price growth rebounding to 2.0% YoY. This, together with better-than-expected GDP readings across the bloc published...

USD The US dollar pared some initial strength on Monday, with the DXY index finishing the day down around 0.1%. Underpinning this modest retreat was a fading haven bid as Middle East tensions look to...

USD The US presidential elections should be the primary focus for North America this week, albeit against the backdrop of a busy docket in both the US and elsewhere. Specifically, markets are due to...

Private sector eurozone activity posted a marginal contraction in October, according to the latest flash PMIs. Activity in the UK, by contrast, continued to expand, but at the slowest pace since...

USD The dollar’s climb continued on Wednesday, with the DXY index gaining another 0.3%. Even so, yesterday afternoon saw the greenback appear to hit a ceiling, not unsurprisingly we think, given our...

USD The dollar posted further gains on Tuesday, extending its recent run higher. Not only did this leave DXY trading above 104 for the first time since early August, but the index has now gained...

USD After a slide to finish last week, the dollar starts this one on the front foot, with the DXY index up 0.1% this morning. This comes despite the key data point to kick off the new week coming...

USD While an ECB meeting was arguably the major event of note on Thursday, US retail sales were a close second, released at 13:30 BST. To the surprise of many, including ourselves, core sales rose by...

USD The greenback notched higher on Wednesday, even with little on the docket domestically. Instead, a broad assessment of central bank easing expectations following weak UK CPI data released early...

USD The dollar tracked sideways on Tuesday as US traders returned to the office post-holiday. In truth though, there was little by way of market moving data on offer to stimulate broad FX price...