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Dollar Rises As Inflation Hits 3yr Highs
Dollar Rises As Inflation Hits 3yr Highs

US CPI Jumps AgainThe US Dollar continues to push higher midweek as hot US inflation and a lack of progress in US/Iran peace talks keeps USD in demand. On the inflation front, annualised headline CPI...

Dollar On Watch Into US CPI Today
Dollar On Watch Into US CPI Today

US Inflation DueThe US Dollar is rallying today ahead of the upcoming April inflation print due this afternoon. Annualised CPI is expected to have risen to 3.7% from the prior month’s 3.3% reading,...

Big Week Ahead For US Data
Big Week Ahead For US Data

US Data & Fed Speakers On WatchWhile developments in the US/Iran peace process will remain the key driver for USD near-term, traders will be watching a slew of key US data this week. Price...

Dollar Seeing Fresh Safe-Haven Demand
Dollar Seeing Fresh Safe-Haven Demand

Dollar Higher on TuesdayThe US Dollar remains in the green today following a reversal higher off the week’s lows yesterday. Fresh uncertainty over the health of the US/Iran ceasefire is fuelling...

Dollar Slips Despite Hawkish FOMC Developments
Dollar Slips Despite Hawkish FOMC Developments

Hawkish Dissent at FOMCThe US Dollar is seeing muted price action over early European trading on Thursday. This comes despite a hawkish shift from the Fed last night at the April FOMC. The Fed held...

Dollar Plunges On Fresh Iran Peace Hopes
Dollar Plunges On Fresh Iran Peace Hopes

Dollar Down HeavilyThe US Dollar has turned sharply lower at the start of the week as traders react to news that Iran has submitted a new peace proposal to the US. The proposal which included terms to...

Dollar Rallies on Fresh Safe-Haven Demand
Dollar Rallies on Fresh Safe-Haven Demand

DXY Pushing HigherThe US Dollar remains firmer on Thursday as the DXY continues to recover off last week’s lows. Ongoing uncertainty around the health of the US/Iran ceasefire has seen oil prices...

Dollar Rallying Ahead of US Data & Warsh Testimony
Dollar Rallying Ahead of US Data & Warsh Testimony

Dollar Higher On TuesdayThe US Dollar is looking a little firmer today as traders await the latest US data this afternoon as well as scheduled talks between the US and Iran. Despite initially stating...

Bearish USD Risks As Traders Eye Fresh US/Iran Talks
Bearish USD Risks As Traders Eye Fresh US/Iran Talks

Dollar Remains WeakThe US Dollar remains subdued as we head into the weekend with the DXY still treading water below the 98.24 level. Optimism over US/Iran peace talks ands the Israel/Lebanon...