US Markets US equity markets continued their reversal on Thursday, with the SPX index rising 0.34% and the NDX index rising 0.49% by close. Both indices are continuing their rise during Friday’s Asian session, rising 0.27% and 0.32%, respectively. The rebound was fueled by a series of upbeat
US Dollar
US Markets After touching record highs last week, the S&P 500 index closed 0.33% lower, with Friday relatively flat. Monday’s Asian session is seeing further weakness with the SPX trading 0.85% lower and the NDX trading 1.07% lower. The markets will be closed in the US today in observance of Martin Luther King Jr. Day, […]
The US dollar rally has steadied after recent gains, with EURUSD rebounding from 1.1469 to 1.1552 before the greenback found support. The 1.1550–1.1575 range remains key resistance, while USDJPY holds near 153.50 after rejecting a brief dip to 152.82. Despite softer risk sentiment, FX volatility remains low, with USDJPY one-month vols near 18-month lows, suggesting […]
The US dollar has broken lower in places, but will the move have legs or just prove the latest red herring for trend followers? USDJPY bears at least have some fresh support from the reversal in US treasury yields. The weak USD – is this the beginning of a breakdown? It is too early to […]
The market is still overestimating Fed easing even while the Fed is defying dovish expectations. S&P Global preliminary September PMIs came in above forecasts, indicating that the economy is still doing well. Fed representatives will make an effort to temper their dovish remarks. Amidst growing concerns of a recession, the US Dollar Index (DXY), which […]
US dollar has ceased its upward trajectory since the release of US economic data indicating a slowdown in consumer prices. This data has reinforced expectations that the Federal Reserve is likely begin cutting interest rates at its September meeting. This data has fuelled speculation that the Federal Reserve is likely to start rate cut September […]













