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Pound reaches new record highs for 2024, after US jobs revision

The British Pound rallied to over $1.3000 the highest since July 2023, as the US dollar weakened. The dollar has fallen as expectations of...

Yen Strengthens on BOJ Intervention Issue

Following Fed Governor Christopher Waller's comments, after the close of trading on Wednesday, Treasury yields rose across tenors in early Asian trading. Two-year Treasury...

FOMC: Restrictive Policy for Some Time

USDIndex on Wednesday fell -0.04% and recorded a 2-week low, while declining bond yields on Wednesday weakened the dollar as the yield on...

Increased Geopolitical Risks May Trigger Risk-off in Gold’s Favour

In Monday's trading , the USDIndex was little changed. The dollar on Monday received support from safe-haven demand, after Israel declared war on Hamas,...

USDINDEX: Weekly Review 25 – 29 September 2023

After September PMI data showed a stall in overall activity for the second consecutive month, the USDIndex lost some of its gains after reaching...

USDJPY Is Still Under The Highs Of 2022 That Prompted The BOJ To Intervene

On Tuesday's trading (15/8), the USDIndex rose +0.02%, recovering from early losses. Tuesday's US economic news was mixed for the Dollar. On the positive...

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