Jan 24, 2020 | Global Markets Daily Report
The dollar traded higher following the dovish remarks from ECB President Lagarde that said nothing with regard to the negative rate policy of the ECB, as expected from investors. The Euro traded at 7-week lows versus the dollar yesterday, closing at 1.1036. The Euro...Jan 23, 2020 | Global Markets Daily Report
The corona virus out brake is behind the strength of the JPY over the past 3 trading days as investors seek “safety” in the JPY and flee Asian currencies and the Yuan. The dollar is flat for the third day in a row at the 97.5 level versus FX markets while...Jan 21, 2020 | Global Markets Daily Report
The dollar and FX markets opened the trading week yesterday flat and most markets traded a narrow range session on no news and the US markets Holiday. This morning global futures are pointing sharply lower as investors look to be taking profits from the table with all...Jan 16, 2020 | Global Markets Daily Report
The dollar traded marginally lower and FX markets overall traded a lackluster session across the board. Most markets traded a narrow range and low volume session as investors look at the upcoming Retail Sales number and speech by ECB President Lagarde late in the...Jan 14, 2020 | Global Markets Daily Report
The dollar traded higher versus “safe heavens” and the sterling and lower versus the Euro, overall closing the day flat on the dollar index. “Safe heavens” lost ground following another rally in US equity markets led by the technology sector,...Jan 13, 2020 | Global Markets Daily Report
The dollar is opening the trading week flat, looking ahead to the US China trade agreement phase one set to be signed this week and the US Iran conflict that’s looking under control this morning. The dollar index is opening the week at 97.4, up nearly 0.5% last week....Jan 10, 2020 | Global Markets Daily Report
The dollar traded mostly sideways yesterday versus FX markets awaiting the important NFP numbers set to be released at 8:30 am EST. Investors are looking for any reason to find leadership in the FX markets that lacks direction since the Fed took any option for the...