Will the Greenback Continue its Recent Strong Showing? The greenback had a positive week as inflation data and other market moving events took place. It started the week reaching new highs only to retreat later…
Posts By Hassan Maishera
US Dollar Dipped as Trump Quits Iran Deal
US Dollars Records Losses as Iran Sanction Looms The USD started the week strongly but started to record some losses after president Trump threatens to quit Iran deal. Monday, May 7: US Dollar Keeps Climbing…
Greenback Records Gains Despite Less Than Expected NFP
NFP Reports Gives US Dollars Edge against BGP, EURO The NFP jobs report, although less than expected, still showed some recovery. The increase was enough to see the greenback record gains against its major competitors,…
Can the Greenback Continue Rising with NFP in Sight?
Greenback Looks to Continue Recent rise as NFP Comes Up As the bond yields moved higher last week, the Greenback extended its gains against most of its major competitors. Can this continue? This week is…
ECB Statement Leads to Major Losses for Euro
Decrease in European Bond Yields and ECB Statement Affects Euro Euro started the week on a strong note but sustained losses after a decline in the European bond yields and the ECB announcing that there…
Can the Greenback Continue Higher?
Will the Greenback Record Further Gains? The greenback recorded strong gains in the latter part of last week due to rising US yields. Can the greenback continue higher this week? There are several events slated…
Positive FOMC Member’s Remarks and Higher Bond Yields Pushes Greenback to Record Gains
Greenback Records Gains as FOMC Members Give Optimistic Remarks Traders are flocking back to the greenback after positive remarks from FOMC members and a decrease in trade war jitters. Tuesday, April 17: Greenback gains as FOMC…
New York Fed Presidential Nominee John Williams Speech
Key Data and Events There are several data releases that will make this week a very interesting one, such as the rate decision in Canada, Australian jobs report, and the speech in Madrid by New…
Forex Weekly Outlook: U.S Core CPI Expected to Rise By 0.2%
Core CPI to Increase While Headline Prices Expected to Remain Stagnant The NFP released last week showed that the U.S gained just 103k jobs last month, a figure that was below expectation. The greenback, however,…
NFP The Lowest In Six Months as Loonie Takes Advantage of Oil Prices Increase
NFP the Lowest In Six Months The Non-farm payroll recorded last month was the lowest in six months, with the construction and retail sectors shedding jobs. Wage gains, however, went up as an indication of…
