Forex news

Higher Yields Pushing Dollar Up

Tuesday February 20: Five-things the markets are talking about Overnight, global stock indexes have declined along with U.S futures, while the ‘big’ dollar has rallied a tad as U.S Treasury yields back up towards their four-year highs. No central bank meetings are scheduled for this week although minutes from the latest FOMC (Wed) and the …

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US Bond Auction TIPS the dollar

US Bond Auction TIPS the dollar A dismal US 30year TIPS auction is weighing on dollar demand as the sagging bid to cover ratio of 2.31 is signalling dwindling investor appetite as inflationary headwinds build. The dollar is lower because no one wants to own US bonds despite the higher yield, knowing the inflationary headwinds …

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Will it be a Valentines Day Massacre for the Dollar?

Wednesday February 14: Five things the markets are talking about Are financial markets justified going from a growth story to an inflation narrative? Today’s U.S consumer price index (08:30 am) is being touted as one of the most significant economic releases in a number of years as capital markets seek to understand the recent plunges …

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USD Under Pressure as Traders eye U.S Inflation

Tuesday February 13: Five things the markets are talking about Euro equities are trading steady despite a late down swing in Asia, as investors wrestle to find direction after this month’s early collapse. The dollar has weakened against G10 currency pairs while Treasuries have edged a tad higher along with gold. Crude is heading for …

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