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24th November – Daily Market Review

The U.S. dollar was broadly weaker on Thursday as investors, encouraged by the prospect of a slower pace of interest rate hikes by the Federal Reserve, placed bets on riskier assets. The eagerly awaited readout of the Nov. 1-2 Fed meeting


23rd November – Daily Market Review

The U.S. dollar held firm on Wednesday, with investors on tenterhooks before the release of minutes of the Federal Reserve’s latest policy meeting which could offer clues on the outlook for inflation and the pace of interest rate hikes.The dollar index, which measures the currency against a basket of


22nd November – Daily Market Review 

The dollar retreated on Tuesday following an overnight rally that saw investors flocking to the safe-haven currency on worries over China’s COVID flare ups, though cautious risk sentiment kept the greenback supported. China’s capital warned on Monday that it was facing its most severe test of the COVID-19 p


21st November – Daily Market Review

Demand in China, the world’s top crude importer, remains bogged down by COVID restrictions while expectations of further interest rate rises elsewhere have elevated the greenback, making dollar-denominated commodities more expensive for investors.


17th November – Daily Market Review

The dollar was supported by stronger-than-expected U.S. retail sales data on Wednesday as investors also looked for clues from Federal Reserve speakers on the path for interest rates. But the euro gained against the greenback and the yen as geopolitical concerns eased after Poland and NATO said on W


16th November – Daily Market Review

Most Asian currencies sank on Wednesday as a potential Russian missile strike on Poland drove investors away from risk-driven assets, while the dollar steadied from recent losses as investors sought safe haven in the greenback. The dollar index and dollar index futures both steadied around 106.58, recovering from mild losses in the prior session, while gold also saw increased bids.


15th November – Daily Market Review

The U.S. dollar gained against the yen and the euro on Monday but pulled back from its highs of the day with investors betting on a slower pace of Federal Reserve interest rate hikes going forward. The dollar index was higher after falling 4% last week, marking its biggest weekly drop since March 2020, after


14th November – Daily Market Review

The dollar fell across the board for a second straight day on Friday, as investors favoured riskier currencies following signs U.S. inflation is cooling that boosted the case for the Federal Reserve to ease off its hefty interest rate hikes. F


11th November – Daily Market Review

Most Asian currencies rose sharply on Friday, while the dollar hit a two-month low as softer-than-expected U.S. inflation data ramped up expectations that the Federal Reserve will slow its pace of interest rate hikes. Sentiment was also aided by Hong Kong relaxing some COVID curbs, which spurred ren


10th November – Daily Market Review

The dollar lost some of its overnight gains ahead of U.S. inflation data due later on Thursday, while cryptocurrencies stayed under pressure as crypto exchange Binance abandoned a bailout bid for its ailing smaller rival FTX