United States Monthly Budget Statement dipped from previous $-95B to $-308B in January
United States Monthly Budget Statement dipped from previous $-95B to $-308B in January
United States 52-Week Bill Auction rose from previous 3.345% to 3.485%
United States 52-Week Bill Auction rose from previous 3.345% to 3.485%
LatAm: Peso seen outperforming real – Commerzbank
Commerzbank’s Michael Pfister and Norman Liebke argue that, after strong gains versus the Dollar, the Brazilian Real faces more downside risks than the Mexican Peso.
United States API Weekly Crude Oil Stock registered at 6.6M above expectations (-0.6M) in March 13
United States API Weekly Crude Oil Stock registered at 6.6M above expectations (-0.6M) in March 13
New Zealand GDT Price Index declined to 0.1% from previous 5.7%
New Zealand GDT Price Index declined to 0.1% from previous 5.7%
US Dollar Index fades as markets hold breath ahead of FOMC
The US Dollar Index (DXY) eased around 0.20% on Tuesday, slipping back toward the 99.50–99.60 area after a failed attempt to recapture the psychologically significant 100.00 handle.
USD/CHF Price Forecast: US Dollar slips toward 0.7850 ahead of Fed decision
The USD/CHF pair falls during the North American session on Tuesday, depreciating by some 0.20% at the time of writing, trading near 0.7850, as traders brace for the Federal Reserve’s (Fed) monetary policy decision on Wednesday.
EUR/GBP holds steady as markets await ECB, BoE policy decisions
EUR/GBP trades around 0.8640 on Tuesday at the time of writing, virtually unchanged for the day, as investors remain on the sidelines ahead of the European Central Bank (ECB) and the Bank of England (BoE) monetary policy decisions due on Thursday.
United States 20-Year Bond Auction climbed from previous 4.664% to 4.817%
United States 20-Year Bond Auction climbed from previous 4.664% to 4.817%
EUR/USD: Sentiment-led recovery extends – Scotiabank
Scotiabank’s FX team highlights a modest Euro gain versus the Dollar, with EUR/USD supported after Monday’s bullish reversal. The pair is shrugging off weak German ZEW data as sentiment and elevated yield spreads underpin the Euro.
Dow Jones Industrial Average sees hesitating gains as Fed rate call looms
US stocks posted a second consecutive session of gains on Tuesday, with the Dow Jones Industrial Average (DJIA) adding around 0.30% to hold in the 47,000 region. The S&P 500 rose approximately 0.30%, and the Nasdaq Composite gained a similar amount.
GBP/USD Price Analysis: Pound extends gains as traders eye Fed-BoE decisions
The GBP/USD pair is trading near the 1.3350 price region on Tuesday, striking a bullish tone as investors continue to move away from the US Dollar (USD) ahead of the Federal Reserve (Fed) monetary policy decision on Wednesday.