U.S. Session Recap: Dollar Rakes in Risk-Off Gains, Commodity Currencies Slump
Market participants were still in no mood to take on riskier holdings as stocks chalked up another losing day while commodity currencies were also down.
Read MoreMarket participants were still in no mood to take on riskier holdings as stocks chalked up another losing day while commodity currencies were also down.
Read MoreEurope was hit by a bout of risk-aversion thanks partly to Italy-related concerns, which also dragged the euro lower. The yen, meanwhile, was apparently the safe-haven of choice during the session.
Read MoreThere were no fresh catalysts to move the markets today, so Asian session traders focused on pricing in themes from the previous sessions.
Read MoreResurfacing trade tensions dampened the mood in the financial markets once more, dragging the commodity currencies behind their peers.
Read MoreThe Swissy steamrolled over all opposition to claim the top spot, not just of the morning London session, but of the day (so far) as well. The Aussie and the Kiwi, meanwhile, continued to bleed out.
Read MoreEasing trade tensions and not-so-hawkish remarks weighed on the dollar last week. Which catalysts can influence its price action this week?
Read MoreWill the Loonie end another week lower against its counterparts? Here’s a list of catalysts you should watch closely.
Read MoreThere were no top-tier reports released today, so Asian session market players concentrated on weekend updates.
Read MoreAnother round of Brexit plot twists dethroned the pound from its top spot and dragged it all the way down to the bottom of the forex pile. Any chance of a recovery this week?
Read MoreEven though there were a lot of uncertainties in play for the euro last week, it managed to keep its head above water thanks to dollar weakness. Can the same hold true this time?
Read MoreBeing defeated is often a temporary condition. Giving up is what makes it permanent.Marilyn Vos Savant