Monthly archive May, 2016

The USD is stuck at the bottom of the so-called ‘dollar smile’, which links its path to the performance of the US and global economy as well as the risk sentiment of investors. At present, sentiment is supported by the Read More →

The USD (represented by the DXY) continues to recover back some of the previously lost ground as it verges back to the 20-day MA around 94.11. It has been a positive week for the buck as it recovers from a Read More →

Asian shares got pounded on Monday with the Japanese Nikkei index tumbling as much as 4 percent in early trade as major exporters sold off sharply, with shares of Toyota down 4.55 percent, Nissan down 5.13 percent and Honda off Read More →

With the Fed undecided on a June rate increase, we believe the outcome will depend on Fed commentary for a repricing of rate expectations to occur in the coming weeks. Indeed, the market response to the constructive Q1 GDP release Read More →

Key Points

• US Dollar faced a lot of offers recently against the Swiss Franc and traded lower.
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