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USD at 7-week lows on July Fed Minutes

The USD enters its fifth consecutive day of declines and the US Dollar index (DXY) is currently trading at 94.60, at the time of writing. Minutes of the July meeting released yesterday evening showed that the majority of the FOMC Read More →

AUDUSD – Aussie Dollar Preparing For New Low Vs USD

Key Points

  • The Aussie dollar is under a lot of bearish pressure against the US dollar, may Read More →

USD/JPY: More Downside Ahead; EUR/USD: More Upside Ahead – Morgan Stanley

An early Fed rate hike pushing US real rates up will not bode well for risk appetite and related financial conditions. An economy with high leverage and low returns of investment requires real rates to stay low to avoid a Read More →

USD sees some consolidation but remains hesitant ahead of minutes

The US Dollar lost ground across the board yesterday with the US Dollar index (DXY) shedding over 1% on the day as it hit 7-week lows at 94.43. USDJPY marked session lows of 99.54, while the EURUSD was up Read More →

EURCHF – Euro Remains In Downtrend Vs Swiss Franc

Key Points

  • The Euro traded lower recently against the Swiss franc to test the 1.0840 support level.
  • Read More →