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dollar

High Oil Prices Keeping USD Bid
High Oil Prices Keeping USD Bid

Dollar Strength HoldingThe US Dollar remains up off the week’s lows as traders monitor developments in the Middle East and shifting Fed expectations. There is still some confusion and lack of clarity...

Softer Oil & USD Boosts Gold Demand
Softer Oil & USD Boosts Gold Demand

Gold Rallying on Peace HopesGold prices are pushing higher today as the reversal off Monday’s multi-month lows continues to gain traction. Futures prices are now up around 12% with the move, rather...

Wild Price Swings In Gold Futures
Wild Price Swings In Gold Futures

Conflicting News SignalsGold prices are on watch today following heavy volatility in the last 24hrs. The futures market collapsed lower yesterday as news of Trump’s 5-day ceasefire announcement hit...

Stocks Gap Lower on Trump's Iran Ultimatum
Stocks Gap Lower on Trump's Iran Ultimatum

Stocks Lower on MondayUS stocks are on watch today as the escalating Iran war and shifting Fed outlook continue to dominate markets. S&P futures gapped lower at the open today, hitting their...

Dollar Spikes As Iran War Fears Rise
Dollar Spikes As Iran War Fears Rise

Dollar Higher on MondayThe US Dollar is pushing firmly north at the start of the week with the DXY gapping higher, no wup around 0.6% from Friday’s close. The move comes amidst escalating rhetoric...

Dollar Dented By Hawkish ECB/BOE Meetings
Dollar Dented By Hawkish ECB/BOE Meetings

DXY Drops From HighsThe US Dollar fell sharply yesterday, reversing the post-FOMC gains seen late on Wednesday, with the DXY plunging 1.3% on the session. The move was fuelled by a hawkish repricing...

Dollar Stalls On Mixed Messages From Fed
Dollar Stalls On Mixed Messages From Fed

Fed Holds Rates Steady in MarchThe US Dollar is starting the day on a softer footing following a fresh push higher yesterday as traders reacted to the lates Fed rate decision. The bank held rates...

Dollar Softer Ahead of FOMC Today
Dollar Softer Ahead of FOMC Today

Dollar Down from HighsThe US Dollar remains down from recent highs today as traders brace for the latest rate setting meeting from the Fed. Ahead of the FOMC, DXY is down 1% from the fresh YTD highs...

Bullish USD Risks Into FOMC on Wednesday
Bullish USD Risks Into FOMC on Wednesday

DXY Back Around $100The US Dollar is starting the week on a slightly softer footing with the DXY cooling a little from the fresh YTD highs printed on Friday. However, with the war in Iran showing no...