by fxoak | Sep 30, 2020 | Uncategorized
Despite a gloomy session for Wall Street equities, the US dollar still fell overnight, weighed down by the end-of-month and end-of-quarter flows by institutional investors. The dollar index fell through support at 94.00 to 93.87, finishing the day 0.40% lower. The... by fxoak | Jul 28, 2020 | Trading Share, Trading Share, Trading Share, Trading Share, Trading Share, Trading Share
The main development in the capital markets today is the firmer dollar against nearly all the major and emerging market currencies. Among the majors, the New Zealand dollar and Swedish krona are the heaviest (~-0.4%), while the Swiss franc and yen are marginally... by fxoak | Jul 15, 2020 | Uncategorized
Following an unprecedented three-consecutive-month decline in core CPI. the BLS reports the CPI jumped 0.6% in June with the core CPI up 0.2%. Key Points Month-Over Month The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.6% in June on a seasonally... by fxoak | Jul 9, 2020 | Uncategorized
The US dollar resumes its slow move lower With equity markets returning to FOMO v-shaped recovery mode, the green light was given for the US dollar sell-off to resume, after pausing on Tuesday. Price action was orderly though, with the US index falling just 0.40% to... by fxoak | May 30, 2020 | Uncategorized
Trump to hold China press conference – S&P 500 reverses 1% gain Social media executive order signed – $TWTR and $FB shares drop Euro breakout: EUR/USD above 1.10 and 200 SMA MarketsThere are some nerves before the press conference called by President Trump to... by fxoak | Apr 30, 2020 | Uncategorized
Powell left no doubt that the Federal Reserve will support risk assets no matter how the virus evolves in comments after the FOMC. Bitcoin lead cryptos to hit 8950. The New Zealand dollar was the top performer while the US dollar lagged. Tuesday’s long in the...
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