January 13, 2023 Daily Market Pulse
January 13, 2023 Daily Market Pulse

The dollar remained weak versus a basket of major currencies on Friday, touching the 102 area for the first time since last June.

Lagarde & Powell to Speak Today
Lagarde & Powell to Speak Today

The US Dollar started out strong today before falling flat, with the bond market fretting over former US President Donald Trump’s spending plans.

January 6, 2023 Daily Market Pulse
January 6, 2023 Daily Market Pulse

The U.S. dollar extended yesterday's gains (0.76%) as a solid U.S. labor market bolstered the Federal Reserve's case for continuing to raise interest rates.

January 9, 2023 Daily Market Pulse
January 9, 2023 Daily Market Pulse

The U.S. dollar is struggling to find demand at the start of the week, with the greenback plunging to multi-month after losing more than 1% on Friday.

USD Marginally Lower Amid Rising Jobless Claims; Eurozone Political Risks in Focus
USD Marginally Lower Amid Rising Jobless Claims; Eurozone Political Risks in Focus

The USD closed marginally lower yesterday after recurring claims for jobless benefits rose to the highest level since the end of 2021.

January 10, 2023 Daily Market Pulse
January 10, 2023 Daily Market Pulse

The U.S. dollar continued to fall versus its major rivals at the start of the week, weighed down by better market sentiment and dovish Fed predictions.

January 12, 2023 Daily Market Pulse
January 12, 2023 Daily Market Pulse

On Thursday, the dollar index dipped below 103, returning to its lowest level in seven months, as investors react to U.S. inflation data that could impact the pace of Federal Reserve interest rate hikes.

January 17, 2023 Daily Market Pulse
January 17, 2023 Daily Market Pulse

On Tuesday, the U.S. dollar index remained above 102 as investors assessed the anticipated pace of Federal Reserve interest rate hikes against the backdrop of declining U.S. inflation and a weaker GDP forecast.

January 18, 2023 Daily Market Pulse
January 18, 2023 Daily Market Pulse

The dollar index bottomed around 102, near levels not seen since June 2022. Investors fled the greenback amid expectations that slowing inflation will allow the Federal Reserve to ease up on its aggressive tightening.

USD Strengthens Amid Political Uncertainty in Europe and Hawkish Fed; Major Currency Pairs React to Economic Data and Central Bank Decisions
USD Strengthens Amid Political Uncertainty in Europe and Hawkish Fed; Major Currency Pairs React to Economic Data and Central Bank Decisions

The USD rose 0.15% yesterday, experiencing haven demand after a relatively hawkish Fed dot plot and concerns about the French election.