USD Under PressureThe US Dollar continues to push lower as we head into the weekend. An absence of long-threatened trade tariffs from Trump in his first week back in office has seen traders unwinding...
Dollar Rallying Ahead of Trump Inauguration
Trump & USDThe US Dollar is pushing higher today ahead of Trump’s inauguration later this afternoon. With US markets off-line for Martin Luther King today, trading action should be seen most in...
Dollar Rally Pauses Ahead of Potential Trump Fireworks
USD Stalls At HighsThe US Dollar is on course to post its first losing week in seven weeks today. Mixed data over the week has diluted the recent bull sentiment which had been driving the market...
Dollar Volatility Risks Into Inflation Today
Dollar Softens on PPI MissThe US Dollar continues to pull back from highs ahead of today’s keenly awaited US inflation data. Yesterday, a weaker-than-forecast set of PPI readings saw the greenback...
Traders Brace For December NFP Release
US Jobs Up NextThe stage is set for plenty of volatility in the US Dollar today as traders prepare to receive the latest US jobs report. Better US data across the week has seen the Dollar rallying...
GBPUSD Hits Fresh Lows As UK Borrowing Costs Soar
Cable Under PressureGBPUSD has broken to fresh lows on the year today with the pair now trading levels last seen in November 2023. The selling comes amidst the continued resurgence in USD this week...
Copper On Watch into FOMC
FOMC On WatchCopper prices are on watch today heading into the December FOMC meeting. The market has suffered six consecutive days of decline but is trading tentatively in the green for now ahead of...
What's Driving The Dollar Selloff?
Dollar Heading DownThe US Dollar continues to turn lower today as traders digest recent developments. The FOMC minutes yesterday showed that Fed members remain in favour of continued easing, albeit at...
Crude Testing Key Support Level
Crude Weighed Down on MondayOil prices are starting the week on a softer footing following heavy selling at the end of last week. Crude futures have reversed sharply from the October highs with prices...
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