The dollar suffered a double whammy: Trump chaos, Fed minutes
The dollar pounded against six major currencies by the end of manufacturing council announced by Trump and dovish FOMC July minutes.
Read More
The buck rallied to a new high from last week on better-than-expected retail sales
S. July retail sales increased 0.6% month over month and which was released Tuesday and better than expected. Therefore, the buck bounced back strongly to a new high from last week
Read More
The dollar rebounded amid less risk aversion
The dollar benefited from safe-haven currencies’ sell-off and reclaimed circa 93.46 after rebound and regain of lost ground last Friday.
Read More
The dollar resumed downtrend on inflation data, more weakness to come
The dollar was pressured by bad U.S. July CPI and resumed downtrend, potentially targeting lows so far the year.
Read More
The dollar pressured by disappointed PPI; traders await CPI
The dollar started to turn lower. The slowdown in PPI (MoM) yesterday did not bode well for the upcoming CPI today.
Read More
The dollar flashed cautious signals, turning attentions to inflation measures
The dollar fell back after shooting up due to the spilled-over risk-off sentiment caused by Trump’s tweets against North Korea on the nuclear threats.
Read More