Dollar Reverses Gains as Traders Eye Fed, ECB
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Dollar Reverses Gains as Traders Eye Fed, ECB – Reuters
The dollar’s early bounce fizzled, as markets saw few concrete measures emerging from the US-North Korea summit and waited for guidance from two of the world’s top central banks later this week.
US Regulator DemanTrading Data From Bitcoin Exchanges in Manipulation Probe
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Government investigators have demanded that several bitcoin exchanges hand over comprehensive trading data to assist a probe into whether manipulation is distorting prices in markets linked to the cryptocurrency, according to people familiar with the matter. Read More
Riskier Currencies and Bonds Pressured While ‘Havens’ Rise
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Riskier Currencies and Bonds Pressured While ‘Havens’ Rise – Financial Times (subscription)
A global shift away from riskier assets and into the safety of perceived havens was under way in European trade with investors eyeing deteriorating relations between several major world economies. Read More
Euro Rebounds to Two-Week High on Bets ECB to Signal Stimulus Unwind
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Euro Rebounds to Two-Week High on Bets ECB to Signal Stimulus Unwind – Reuters
The euro climbed to a two-week high as investors raised their bets that the European Central Bank will next week signal a winding down of its vast bond-buying program by the end of this year.
Euro Rallies to Ten-Day High After ECB Says to Discuss Unwinding Stimulus
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Euro Rallies to Ten-Day High After ECB Says to Discuss Unwinding Stimulus – Reuters
The euro rose to a ten-day high after European Central Bank officials said an end to the bank’s bond-buying programme by end-2018 was plausible and that inflation was rising back to its target.
Dollar Stabilises Below Last Week’s Highs, Supported by Data, Yields
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Dollar Stabilises Below Last Week’s Highs, Supported by Data, Yields – Reuters
The dollar stabilised just below its six-month high of last week, as investors awaited data that might confirm the US economy is on track for a strong June quarter with rising bond yields also supporting the greenback. Read More
Trump Tweets Early on Jobs Data, and Wall Street Takes the Hint
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Trump Tweets Early on Jobs Data, and Wall Street Takes the Hint – Bloomberg
Economists warn that traders will now also interpret silence.
Currencies Steady Despite Washington’s Latest Trade Move
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Currencies Steady Despite Washington’s Latest Trade Move – Financial Times (subscription)
The dollar index, measuring the greenback against a basket of peers, was mostly unmoved after the US said it would begin levying tariffs on imports of steel and aluminium from the EU, Canada and Mexico. Read More
Euro Rallies as Italy Crisis Concerns Take Back Seat
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Euro Rallies as Italy Crisis Concerns Take Back Seat – Reuters
The euro rallied further as Italian parties made last-ditch efforts to form a government and avert elections, going some way towards easing concerns about the impact of a political crisis there.
FXPA Webinar: “FX Global Code: One Year Anniversary – Where are We?”
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FXPA Webinar: “FX Global Code: One Year Anniversary – Where are We?” – Profit & Loss
Join members of the Foreign Exchange Professionals Association (FXPA) today for a webinar on the “FX Global Code: One Year Anniversary – Where are We?” at 10am (Eastern US)/3pm (UK)/10pm (Singapore). Read More