Barbara Zigah | TalkMarkets | Page 24
Journalist, Author, Blogger
Contributor's Links: Daily Forex
Barbara Zigah is a freelance journalist living in Ghana, who specializes in Forex-related content; her online work has appeared in the IB Times, NASDAQ, TalkMarkets, Benzinga, and Seeking Alpha. Barbara was awarded a B.Sc. degree in Finance from the University of Maryland many many years ago (she ...more

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Yen Surges To Multi-Month Peak On Investor Worries
The Japanese Yen earlier hit a 17-month peak versus the US Dollar after yet another decline in oil prices sent FX traders rushing into the proverbial arms of safe-haven assets.
Dollar Pressured Despite Upbeat NFP
Despite an upbeat labor report last Friday, the US Dollar continues to be under some heavy pressure as market expectations of a rate hike in this calendar year wane.
Dollar Still Weighed By Uncertainty
The US Dollar’s slide has finally subsided after hitting a 7-week trough versus the common currency Euro.
Dollar Biggest Loser As Dovish Stance Reigns
The US Dollar was the trading day’s biggest loser in the wake of a surprisingly dovish Fed chairman. Expectations of a 2016 rate hike have been devastated and the US Dollar Index lost more than 1%.
Yen Pressured By Japanese Government
Even as the Dollar is finding some support from the Federal Reserve, the Japanese Yen has been underperforming on speculation of yet another move from the Japanese government.
Quiet Trade To Be Dominated By Data
Markets will be anxiously awaiting release of US core inflation data, which is a key piece of information used by the Federal Reserve to determine monetary policy.
Dollar Rises As Rate Hike Prospect Intensifies
For a 5th straight day, the US Dollar Index edged higher, moving toward a record for best string of gains in nearly a year. That comes as a result of FX traders pricing in the likelihood of two additional rate hikes later this year.
Sterling Pressured By Renewed Brexit Concerns
As reported at 9:48 am (GMT) in London, the GBP/USD was trading lower at $1.4414, down 0.33%; the pair has ranged from $1.4375 to $1.4467 in today’s trading session.
Fed’s Back-Pedaling Sinks Dollar
In the wake of the Fed’s back-pedaling rhetoric, the US Dollar fell against most major currencies during today’s session. The greenback hit a 3-week trough versus the Japanese Yen, and lost nearly .50% against the Euro.
Dollar Steady As Fed Looms
The US Dollar Index, which traders use to assess the greenback’s relative strength, was nearly 0.3 higher, edging away from last week’s 1-month trough.
FX Market Trains Spotlight On Fed
Janet Yellen, the Fed chief is expected to affirm markets that US interest rates will continue to rise in the months ahead. Analysts believe that the Fed is likely to say that global weakness won’t dent the Fed’s resolve for higher rates.
Investors Jitters Push Safe Havens Higher
The safe haven currencies were once again in high demand from a risk-averse market as anxieties grow over the continual slump in the Chinese economy.
Save Haven Demand Rises On China Disappointment
Safe haven currencies edged higher, especially versus the US Dollar and the Euro, after the release of disappointing data from China which reignited investors’ concerns.
Euro Pressured By Declining Expectations
As FX investors await the latest policy announcement from the European Central Bank, expectations continue to grow.
Aussie And Kiwi Advance On Risk Appetite
The Aussie Dollar earlier hit a 2-month peak as risk appetite continued to be strong in the FX markets. That gave the Japanese Yen a breather, as well, allowing the US Dollar and the common currency Euro to recover some recent declines.
Aussie Dollar Shines On GDP
While the US Dollar may have struck a 1-month high, it was the Aussie Dollar that was the session’s big winner, gaining nearly 1% on the latest Australian data.
369 to 384 of 406 Posts
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