A turbulent and volatile trading week continues today with the release of US Non-Farm Payrolls for November.
Search Moneycorp
Viewing 10 of 1064
The USD is under pressure this morning after the ISM Purchasing Managers Index number reported yesterday was lower than expected.
The markets are pretty quiet this morning as traders are finishing early all over the world ahead of the Christmas holiday.
The USD and the US equity markets are slightly higher this morning as traders are focusing on the release of GDP later this morning.
The USD received support overnight after Dallas Fed President Robert Kaplan said yesterday “the appropriate path of policy is to stay where we are”.
US Trade Rep Lighthizer stated over the weekend that the Phase One trade deal with China is “totally done”.
The USD was sold off significantly against the other major currencies following the FOMC decision to not only leave rates unchanged at 1.50-1.75%, but also...
After a robust Non-Farm Payroll report on Friday, the USD remains better bid as we being the week.
The USD remains under pressure this morning after President Trump’s comments yesterday at the NATO summit.
Another good day for US equities, another bad one for the US dollar
Viewing 10 of 1064