Dollar Bounces Off Lows; Fed Remains Accommodative

© Reuters. By Peter Nurse Investing.com – The dollar edged higher in early European trading Friday, but remains anchored near two-week lows following disappointing jobless figures and with the Federal Reserve showing no signs for changing its ultra easy monetary policy stance. At 2:55 AM ET (0755 GMT), the Dollar Index, which tracks the greenback […]

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Robust U.S. employment growth expected in March, jobs deficit remains large

© Reuters. FILE PHOTO: Construction workers wait in line to do a temperature test to return to the job site By Lucia Mutikani WASHINGTON (Reuters) – U.S. employers likely stepped up hiring in March amid increased vaccinations and more pandemic relief money from the government, which would cement expectations for a boom that could push […]

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Dollar Edges Lower; Remains Elevated as Yields Rise

© Reuters. By Peter Nurse Investing.com – The dollar edged lower in early European trading Friday, but remains at elevated levels, supported by higher Treasury yields following the Federal Reserve’s dovish stance. At 3:50 AM ET (0750 GMT), the Dollar Index, which tracks the greenback against a basket of six other currencies, was down 0.2% […]

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CFTC commitments of traders: Small changes and speculative positions. EUR remains the largest position

CFTC commitments of traders: Small changes and speculative positions. EUR remains the largest position Coming Up! Title text for next article LON SDNY+11 NY -5 TYO +9 GMT Technical Analysis Weekly forex futures positioning data from the CFTC for the week ending Tuesday, February 16, 2021 EUR long 140K vs 140K long last week. Unchanged […]

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Dollar Remains Weak; Democrats Take Hold of the Senate

© Reuters. By Peter Nurse Investing.com – The dollar remained trading near its weakest level in nearly three years Thursday as the projected Democrat victories in the U.S. Senate runoffs in Georgia pointed to two years of loose fiscal and monetary policy.. At 3:55 AM ET (0755 GMT), the Dollar Index, which tracks the greenback […]

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Pound falls to fresh lows for the day, Brexit agreement remains elusive

GBP/USD closes in on 1.3500 in European morning trade For bank trade ideas, check out eFX Plus The quid is hitting fresh lows on the day now with cable easing back towards 1.3500 and testing the 23.6 retracement level of the recent swing higher @ 1.3509. A Brexit agreement remains elusive and it doesn’t look […]

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EU’s trade deal offer to Britain ‘remains unacceptable’: UK source

2/2 © Reuters. EU Commission President von der Leyen meets British PM Johnson in Brussels 2/2 LONDON (Reuters) – Talks between Britain and the European Union on a post-Brexit trade deal will continue overnight but London believes the current offer from the EU remains unacceptable, a British government source said on Saturday. British Prime Minister […]

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