Crude Falls BackFollowing a strong start to the week, oil prices have turned lower through the last few days with crude futures now down around 4% from the week’s highs. A combination of a stronger US...
USDJPY Intervention Risks Grow Ahead of US Data
USDJPY Pushing HigherFollowing the intervention-driven move lower in USDJPY over the start of the month, the pair has steadily recovered off the 151.81 lows and is now almost back up at the 158.28...
Dollar Testing Key Level Ahead of GDP
Prelim GDP in FocusThe US Dollar is holding onto yesterday’s gains as traders brace for a fresh set of US data today. Prelim Q2 GDP, unemployment claims and pending home sales will all be on watch...
Dollar Weakening as Traders Eye PCE on Friday
USD Softer on TuesdayThe US Dollar remains under pressure across early European trading on Tuesday. US markets return today following the Memorial Day holiday in the states yesterday and traders are...
Dow Under Pressure Amidst USD Revival
Dow Slips on USD RallyUS stocks have come under heavy selling pressure into the end of the week amidst an uptick in USD. The Dow Jones has shed almost 3% this week as continued hawkish sentiment from...
Dollar Climbing on Hawkish Fed Comments
USD RecoveringThe US Dollar continues to grind higher as the greenback recovers further ground on the back of last week’s inflation-driven fall. Data last Wednesday showed that US CPI cooled for the...
Copper Drops on USD Recovery
Copper CorrectingCopper prices are seeing heavy selling pressure on Wednesday as a rebound in the US Dollar fuels a short squeeze from recent record highs. Copper futures have shed around 4% from the...
USD Caught Between Market Expectations & Fed Commentary
Fed Members Pushback Against Rate Cut ChatterThe US Dollar is trading a little lower across early European trading on Tuesday. The move comes despite a slew of Fed members yesterday voicing their...
Dollar Bounces On Hawkish Fed Comments
DXY recovering Following Inflation SellingFollowing the sell off on Wednesday, the US Dollar is busy recovering losses as we head into the weekend. Earlier in the week, April US CPI came in at 3.4%...
Cookie Policy: The Tickmill website uses cookies. By continuing browsing the page you automatically agree to our use of cookies. For more information on our cookie usage, on how to change cookies and their settings see our Cookies Policy.