Month: July 2016

U.S. Dollar Primed for NFP after the BOE Unleashes a Bazooka

No Picture

U.S. Dollar Primed for NFP after the BOE Unleashes a Bazooka
DailyFX – 8 hours ago
Tomorrow morning brings another vital data point with the release of U.S. Non-Farm Payrolls for the month of July. After two months of wide divergence in NFP numbers…

Read More »

US Dollar Awaits Jobs Report After Bank of England

No Picture

US Dollar Awaits Jobs Report After Bank of England
MarketPulse (blog) – 1 hour ago
The U.S. non farm payrolls will be released on Friday, August 5 at 8:30 am EDT. Employment remains the strongest pillar of the U.S. economic recovery despite the mis…

Read More »

British Pound to US Dollar Forecast: "GBP/USD at 1.25 in Coming Weeks"

No Picture
British Pound to US Dollar Forecast: “GBP/USD at 1.25 in Coming Weeks”

Pound Sterling Live20 hours ago

The US Dollar remains under pressure as well, however, following the bleak Q2 GDP data on Friday which fell well below expectations.

Pound Sterling to US Dollar Rate Forecast: GBPUSD to Tumble as BoE Poised to …Exchange Rates UK
Euro US Dollar (EUR USD) Exchange Rate Trends in a Tight Range after Mixed US …Euro Exchange Rate News

Read More »

US Dollar Consolidates Yesterday's Losses

No Picture
US Dollar Consolidates Yesterday’s Losses

Investing.com6 hours ago

The US dollar is consolidating yesterday’s losses. The greenback’s upticks have thus far been shallow and unimpressive, except perhaps against the New Zealand dollar, which is off 0.8% ahead of next week’s RBNZ meeting.

US Dollar Firms as Euro, British Pound Weaken on Disappointing PMI DataFX Empire

Read More »

British Pound to US Dollar Starts Week Lower, Outlook for GBP/USD Over Next …

No Picture

British Pound to US Dollar Starts Week Lower, Outlook for GBP/USD Over Next …
Pound Sterling Live – 10 hours ago
At the start of the new week and the new month the Pound to Dollar exchange rate (GBP/USD) trades lower towards the 1.32 level.
Pound…

Read More »

USD/CAD Declines as Oil Prices Recover Despite US Dollar Strength

No Picture

USD/CAD Declines as Oil Prices Recover Despite US Dollar Strength
Economic Calendar – 4 hours ago
A recovery in oil prices has sent USD/CAD sharply lower, despite broad-based US Dollar strength seen among the majors today.
Why The U.S. Dollar Will …

Read More »

US Dollar Hits Reset on Fed Rate Expectations Post-GDP

No Picture
US Dollar Hits Reset on Fed Rate Expectations Post-GDP

DailyFX2 hours ago

In the days ahead of Friday’s Q2’16 US GDP report, there was as high as a 65% chance of a rate hike by June 2017, according to the Fed funds futures contract, rising from an implied first-month hike in January 2018 at the start of July.

Euro to US Dollar Rate: Forecast for the Week Ahead Shows Downside Break Still …Pound Sterling Live

Read More »

Euro to US Dollar Rate: Forecast for the Week Ahead Shows Downside Break Still …

No Picture

Euro to US Dollar Rate: Forecast for the Week Ahead Shows Downside Break Still …
Pound Sterling Live – 8 hours ago
The Euro rose in convincing fashion towards the close of July, aided by a broadly weaker US Dollar. The Dollar was hit by an underw…

Read More »

Euro to US Dollar: Forecast for the Week Ahead

No Picture

Euro to US Dollar: Forecast for the Week Ahead
Pound Sterling Live – 2 hours ago
For us we stick with our downside forecast based on the breakout from the rising channel, with an initial target at 1.0870 from the S1 monthly pivot, followed by an ev…

Read More »

Dollar struggles for direction with central bank action in focus

No Picture
Dollar struggles for direction with central bank action in focus

MarketWatch6 hours ago

The U.S. dollar USDJPY, +0.32% traded at ¥102.16, compared with ¥102.04 late Friday in New York. The dollar had found some strength earlier in Asia, owing to disappointing action from the Bank of Japan last week.

US dollar clout brings own riskHong Kong Standard (press release)
US dollar’s global role and Fed policyKhaleej Times

Read More »