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Dollar Plunges On US Midterms 'Blue Tsunami'
Dollar Plunges On US Midterms 'Blue Tsunami'

Dollar Down MidweekThe US Dollar is down firmly today after the US midterms delivered a stunning victory for the Democrats who took both houses. For once it seems opinion polls were on the money,...

Dollar Sliding At Start of Busy Week
Dollar Sliding At Start of Busy Week

US Midterms This WeekThe US Dollar is down sharply through early European trading on Monday as traders brace for a busy week in the markets. The US midterms tomorrow, RBA rate decision, Eurozone CPI,...

Strong US GDP Fails To Lift Dollar
Strong US GDP Fails To Lift Dollar

USD Down on FridayThe US Dollar is firmly lower today despite a strong showing in yesterday’s advance Q3 GDP print which rose to 3.4% from 2.2% prior, above the 3.2% the market was looking for....

USD Higher After Hawkish FOMC Meeting
USD Higher After Hawkish FOMC Meeting

Hawkish Hold from FedThe Dollar is rising again this morning on the back of the FOMC meeting yesterday. The Fed kept rates on hold, as expected, but was broadly hawkish in its messaging citing...

Dollar Rallying Into FOMC Tonight
Dollar Rallying Into FOMC Tonight

FOMC On WatchThe US Dollar remains firmly bid today ahead of the FOMC meeting this evening. A rebound in AI sentiment following strong Q3 earnings from Korean chipmaker SQ HYNIX has helped the USD...

Dollar Rebounding Higher on Tuesday
Dollar Rebounding Higher on Tuesday

Dollar Rallying Pre-FOMCThe Dollar is pushing higher today as traders await the October FOMC meeting tomorrow. While no change in rates is expected, risks of a hawkish signal from the Fed for December...

FOMC: Inflation & AI Stock Plunge In Focus
FOMC: Inflation & AI Stock Plunge In Focus

FOMC Up NextThe US Dollar is on watch this week as traders brace for the latest Fed rates decision on Wednesday at the October FOMC meeting. The market is widely expecting the Fed to keep rates on...

AI Hangover Keeping Dollar Down
AI Hangover Keeping Dollar Down

USD Still Soft on MondayThe US Dollar starts the week on a softer footing as last week’s uncertainty around AI-company debt levels remains a key threat to the hawkish Fed picture. AI stocks were seen...

Why Is USD Plunging Despite CPI Jump?
Why Is USD Plunging Despite CPI Jump?

Inflation Higher AgainWe’re seeing interesting price action today with the US Dollar down sharply, reversing from the initial spike higher seen in response to yesterday’s hotter-than-forecast...