Tag: USDINDEX
Market Update – July 27 – Big Tech lifts the mood on Fed Day
USDIndex ticked up to 107.00, as EUR slipped over 1% before recovering following the Russian announcement of further cuts to European gas supplies. FX...
Market Update – July 26 – On Hold Ahead of FED, Oil Rallies
USDIndex ticked lower again but held over 106.00, ahead of the FOMC decision tomorrow. FX markets subdued with a 75 bp hike fully priced...
Market Update – July 25 – FED & Tech Giant Earnings Week
USDIndex pushed under 106.00 on Friday (closed at 106.50) as the US Services sector contracted for first time in 2 years. US Stocks sank...
Market Update – July 22 – ECB Goes Large
USDIndex continued to decline testing 106.25, ECB surprised with Hawkish 50bp rate hike lifting rates above 0 (first hike since 2011) and lifting Euro....
Market Update – July 7 – Fed focused on Inflation, USD bid, Stocks flat,...
USD moved down from new to 20-year highs at 107.00 but remains in demand (USDIndex 106.64), US Stocks flat on close (NASDAQ +0.35%). FED Minutes...
Commodities & Dollar both in focus
In general, the factors driving the sharp weakening of the commodity landscape are Fed tightening, a strengthening US Dollar and geopolitical concerns. This has...
