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Market Watch

Mon October 21, 2024
The DXY index is trading below 103.60 this morning as a renewed US dollar demand is supporting the greenback. This week the IMF will [...]
Fri October 18, 2024
The ECB cuts its benchmark interest rate by a further 25bp yesterday taking the key rate to 3.25% from 3.5%. The move was expected [...]
Thu October 17, 2024
The US dollar continues to grind higher, with EURUSD slipping further ahead of today’s ECB policy meeting. The pair has been in a steady [...]
Wed October 16, 2024
The DXY Index has climbed above 103, reaching its strongest level since August. The Index rose by 0.4% after former President Donald Trump defended [...]
Tue October 15, 2024
It was a quiet start to the week with many out for the US holiday, however the greenback continues with a slightly bid tone. [...]
Mon October 14, 2024
UK data due in the coming days will be closely monitored by both investors and BoE policy makers as there is still a possibility [...]
Fri October 11, 2024
US Initial Jobless Claims data was released on Thursday, coming in at 258K against 230K expectations and prior results of 225K. This points to [...]
Thu October 10, 2024
The US Dollar gathered some bullish momentum with the DXY Index climbing to its highest level since mid-August close to 103.00. The hawkish tone [...]
Wed October 9, 2024
The US Dollar Index remains near the key 103.00 level as it awaits further direction from CPI figures on Thursday. Yesterday, Fed member Philip [...]