U.S. Session Recap: Greenback Drops then Rebounds on Easing North Korea Jitters
The U.S. dollar was off to a rough start as traders were rattled by news of North Korea’s missile launch, but markets soon calmed down and recovered.
Read MoreThe U.S. dollar was off to a rough start as traders were rattled by news of North Korea’s missile launch, but markets soon calmed down and recovered.
Read MoreRisk aversion persisted into the London session, which gave CHF a solid boost. Brexit-related jitters, meanwhile, apparently weighed on GBP.
Read MoreTomorrow at 1:30 pm GMT we’ll see Uncle Sam’s second growth estimate for Q2 2017. Will it be as good as the initial reading suggested?
Read MoreSterling rose to two-week highs against the dollar on Tuesday after escalating tensions in the Korean peninsula added to the greenback’s woes.
Read MoreRisk aversion was the name of the game during the Asian session after North Korea launched a missile that flew over Japan.
Read MoreGold prices rose for a third day on Tuesday to its highest since November as mounting geopolitical tensions over a new North Korean missile launch stoked demand for safe-haven assets.
Read MoreThe Greenback resumed its slide into bearish territory, thanks mainly to returning euro bulls. However, the latest COT report also shows that pound shorts ramped up.
Read MoreThe dollar slumped to a four-month low against the yen early on Tuesday after North Korea fired a missile that passed over northern Japan,
Read MoreMajor pairs were off to a slow start on Monday as New York session traders kept close tabs on the path of Hurricane Harvey and projected its likely impact on the economy for the quarter.
Read MoreNo data? No problem! Not even the Summer Bank holiday in the U.K. was enough to stop sterling from edging higher against its peers.
Read MoreAn already weak dollar dropped to 16-month lows against a basket of major currencies on Monday, as flooding caused by Tropical Storm Harvey paralyzed the United States’ fourth-biggest city and drove worries about a hit to the economy.
Read MoreU.S. gasoline futures jumped to two-year highs while an already weak dollar hit 16-month lows against a basket of currencies on Monday as Tropical Storm Harvey pummeled the heart of the U.S. energy sector and raised concerns about the economy.
Read MoreEven though U.S. President Trump’s bark is worse than his bite, one can’t help but think about the potential impact of a government shutdown on the financial markets and the U.S. dollar.
Read MoreNo data? No problem! The dollar saw some action as Asian session forex traders priced in Yellen’s recent remarks and possible impact of Hurricane Harvey in the U.S.
Read MoreOil markets were roiled on Monday after Hurricane Harvey wreaked havoc along the U.S. Gulf coast over the weekend, knocking out numerous refineries and some crude production.
Read MoreThe euro extended gains to a 2-1/2-year high against the dollar on Monday after the European Central Bank president held back from talking down the currency.
Read MoreEuro strength and Kiwi weakness were the main themes this week. But what drove price action? And how about the other currencies? Time to find out!
Read MoreYellen and Draghi gave speeches at Jackson Hole yesterday. So what did they talk about? And how did the Greenback and the euro react? Well, read on and find out.
Read MoreThe European Central Bank’s ultra-easy monetary policy is working and the euro zone’s economic recovery has taken hold even if more time is needed to lift inflation to the bank’s 2 percent target, ECB President Mario Draghi said on Friday.
Read MoreThe euro jumped more than 1 percent and yields on benchmark U.S. government debt remained at unattractive rates on Friday after the world’s two leading central bankers declined to discuss monetary policy in keynote speeches.
Read MoreDo not take life too seriously. You will never get out of it alive.Elbert Hubbard