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dollar

Why Is USD Plunging Despite CPI Jump?
Why Is USD Plunging Despite CPI Jump?

Inflation Higher AgainWe’re seeing interesting price action today with the US Dollar down sharply, reversing from the initial spike higher seen in response to yesterday’s hotter-than-forecast...

Copper Drops On Hawkish Fed Repricing
Copper Drops On Hawkish Fed Repricing

Hawkish Fed ImpactCopper prices remain sold today as the futures market heads for a third consecutive day in the red. The move lower comes amidst the hawkish shift in traders’ Fed outlook amidst the...

Aussie Jumps on Hawkish RBA Mins
Aussie Jumps on Hawkish RBA Mins

AUD Bouncing MidweekThe Aussie is benefiting firmly from the USD weakness we’ve seen over the last 24 hours with the pair rising to two-week highs today. Hawkish signals from the RBA have helped...

USD Softens As Traders Await Key Inflation Data
USD Softens As Traders Await Key Inflation Data

Inflation Up NextThe Dollar is on watch today as traders brace for the latest set of US inflation readings due this afternoon. Ahead of the data USD is cooling a little with the DXY pulling back...

Bitcoin Recovering Despite Huge ETF Outflows
Bitcoin Recovering Despite Huge ETF Outflows

BTC Pushing HigherBitcoin prices are pushing higher again today with the futures market fighting to get back above the $84,385 following the correction lower from the October highs. The push higher...

US Inflation In Focus This Week
US Inflation In Focus This Week

Geopolitical Tensions Boosting DollarThe US Dollar is on watch this week as trader brace for the latest US inflation data due on Wednesday. On the back of softer-than-forecast September jobs data,...

Dollar Bulls Looking For Fresh Drivers
Dollar Bulls Looking For Fresh Drivers

Dollar Pauses For NowThe US Dollar continues to soften ahead of the weekend as the recent downshift in October Fed tightening expectations caps the rally for now. Last week’s softer-than-forecast US...

Hawkish FOMC Mins Keep USD Supported
Hawkish FOMC Mins Keep USD Supported

Hawkish FOMC MinsThe Dollar is holding near recent highs on the back of the September FOMC minutes last night. As expected, the minutes came in on the hawkish side, shedding light of the shift in...

Tech Stocks Soar On AI Gains
Tech Stocks Soar On AI Gains

Fresh Highs in US StocksThe NASDAQ is on watch today after the index printed fresh record highs yesterday, along with the S&P500 as stocks roar higher on the back of last week’s US jobs report and...