The US dollar has fallen a bit in the early hours against the Japanese yen, as we are continuing to see sellers coming into the markets as the fear increases on the psyche of market traders as they worry about a litany of issues.
The Aussie dollar has stabilized a bit over the last 48 hours, as we are trying to sort out the risk appetite of traders and markets in general. Remember, this is a market that will continue to look towards the overall attitude of people to get an idea of where
- The U.S. dollar edged higher Thursday, trading in a tight range ahead of next week’s all-important U.S. inflation data, while the pound slipped ahead of the Bank of...
-- Most Asian currencies moved in a flat-to-low range on Thursday as markets sought more cues on U.S. interest rates from Federal Reserve officials and upcoming...
The US dollar fell a bit in the early part of Wednesday, as the markets are still trying to price in the correct amount of interest rate cuts in the USA. The Fed is expected to cut, but have currency traders gotten too aggressive?
The Australian dollar has stabilized a bit in the early hours on Wednesday, as traders are trying to sort out what it is that they believe about the Asian economy. After all, we have seen Chinese demand numbers drop recently, and this has a direct correlation to Australian economic performance.
-- Most Asian currencies moved little on Tuesday and the dollar steadied in anticipation of key U.S. inflation data due later this week, while the Japanese yen moved...
Traders are now looking to the US jobs report later in the week, as ISM manufacturing data missed expectations.
The US Dollar pulled back a bit against the Japanese yen, as we continue to bounce around and look for a certain amount of stability in what could be another iteration of the carry trade – assuming the Federal Reserve doesn’t go nuclear with the rate cuts.
The Aussie dollar pulled back a bit in the early hours of Tuesday, as we have gotten a bit too far stretched right away. The market is going to continue to look to the idea of Federal Reserve rate cuts, and what happens next.