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dxy

Is Copper At Risk of Major Sell-Off?
Is Copper At Risk of Major Sell-Off?

Copper Holding Support For NowCopper prices are back in the green today with the futures market benefiting from some early USD weakness on Monday. The market had dropped sharply again last week,...

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...

Dollar Soars As War Rages & Oil Spikes
Dollar Soars As War Rages & Oil Spikes

Dollar Rally ContinuesThe US Dollar is ending the week firmly higher, with the DXY now trading its highest level since November last year. The move comes in response to the rising oil prices we’re...

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Dollar Upside Seen Into NFP

NFP In FocusAll eyes are on the latest US jobs report due later today. Following a stronger ADP number earlier in the week and softer-than-forecast jobless claims yesterday, USD bulls are hopeful for...

Dollar Supported by Strong Data Ahead of NFP
Dollar Supported by Strong Data Ahead of NFP

 Strong US DataThe US Dollar is back in the green today as traders digest the latest US data from yesterday. The ADP employment figure jumped to 63k from 22k prior, well above the 50k the market was...

How Does War in Iran Impact ECB Expectations?
How Does War in Iran Impact ECB Expectations?

 Euro On WatchEURUSD continues to stabilise today after the market rebounded from Tuesday’s lows amidst a cooling in USD. The outbreak of war with Iran has had significant implications for FX markets...

USD On Watch Into ADP Data
USD On Watch Into ADP Data

USD SoftensThe US Dollar is on watch today following the pullback from yesterday’s multi-month highs. Traders will be looking to the latest ADP employment print this afternoon ahead of Friday’s...

Dollar Rallying on Safe-Haven Flows and Fed Expectations
Dollar Rallying on Safe-Haven Flows and Fed Expectations

Iran Conflict Driving USD Safe-Haven RallyThe US Dollar is pushing firmly higher today with the DXY now up around 1.5% on the week that’s. The move is being fuelled in part by a strong uptick in...

Dollar Bouncing On Fed Chair News
Dollar Bouncing On Fed Chair News

USD ReboundingThe US Dollar continues to stabilise ahead of the weekend with the DXY bouncing back off the weekly lows printed on Tuesday. Much of the rebound appears linked to news that Trump will...