Optimism Surrounding Trade-Talks To Confront Brexit & U.S. Government Shutdown Barriers

Sel, 08 Jan 2019 14:41

Not only disappointing print of the U.S. ISM Non-Manufacturing PMI but dovish comments from the Atlanta Fed President and upbeat statements concerning Sino-US trade-talk by Commerce Secretary Wilbur Ross also triggered market optimism on Monday and dragged the U.S. Dollar Index (I.USDX) further to south. With the investors turning towards...


An Interesting Week Ahead

Sen, 07 Jan 2019 19:03

While pessimism surrounding U.S. Government shutdown joined hands with Fed Chair's comments indicating rate-hikes not being on preset course, the U.S. Dollar Index (I.USDX) couldn't enjoy strong jobs report and rather posted back-to-back third week of losses. With this, traditional safe-havens like JPY & Gold stretched their previous rally forward...


Trade, Brexit & U.S. Politics To Kick-Start The Week

Sen, 07 Jan 2019 15:18

In spite of witnessing upbeat employment stats, the US Dollar Index (I.USDX) couldn't ignore third consecutive weekly decline as Fed Chair's measured response to rate-hike calls and Donald Trump's refrain to re-start government offices unless getting funds for Mexican border pushed investors off the greenback. While USD was despicable to...


NFP & Powell's Comments Weigh High On Market Radar

Jum, 04 Jan 2019 15:03

Following early-day volatility, news of Monday's vice-ministerial trade meeting between world's two largest economies and U.S. House of commons act of passing a spending-bill to restart the government offices gave a sigh of relief to global investors. As a result, the risk-on sentiment pulled AUD, JPY & commodity-linked currencies back...


U.S. & UK Stats Yet To Play Their Roles After Early-Day Volatility

Kam, 03 Jan 2019 14:39

First trading day of 2019 proved to be good for the US Dollar as optimistic comments from the Donald Trump concerning trade deal with China, stock market & North Korea pushed investors to the greenback. However, JPY & Gold didn't lose their allure as overall risk-sentiment remained confined due to...