Greenback Traders Finally Managed To Smile!

December 07, 2016 08:53

After three-days of continuous disappointment for USD traders, Tuesday's two-year high US Factory Orders finally managed to provide a positive closing to the greenback. Adding to this, concerns about ECB might stretch it QE weakened the EUR, which in-turn helped the US Dollar to avoid higher Trade deficit figures. The...


Central Bankers To Fuel Forex Market

December 05, 2016 12:22

With global oil-producers' once in eight years production-cut accord, coupled with mixed US job figures and Italian referendum, the financial market witnessed slew of volatile moves in last week. However, the US Dollar Index (I.USDX) couldn't enjoy the volatility this time and registered its first weekly loss in previous four...


A Tale of USD Pullback And Thin Economic Calendar

December 05, 2016 09:08

A tragic week including OPEC meeting, US jobs report and headline PMIs from major economies came to an end with US Dollar's first weekly loss in four as mixed labor market figures, comprising contraction in earnings and dip in Unemployment, ahead of crucial December meeting of the Federal Reserve pushed...


Its NFP-Day For Global Markets

December 02, 2016 08:49

Following a good-run on Wednesday, mainly due to upbeat data-points, the US Dollar had to take a step backwards on Thursday as nearly four-month high Jobless Claims and weaker than expected ISM Manufacturing PMI stopped traders from supporting greenback ahead of today's crucial NFP details. The EUR remained sluggish with...


Optimism Returns With OPEC Deal

December 01, 2016 09:32

Wednesday proved to be a good-day for global traders as once in eight years production-cut deal by the OPEC & non-OPEC oil producers fueled market optimism, making investors focus back to Fed rate-hike issue. The Crude prices surged after the announcement and the CAD also reflected the same positivity. On...