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Japanese Yen Tumbles as US Dollar Soars, Australian Dollar Turns to the RBA Next

The Japanese Yen slumped, sending USD/JPY higher in a very rare move as the US Dollar gained and stocks dropped. Ahead, the Australian Dollar is eyeing a likely RBA rate hike. ....

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Canadian Dollar Dented by GDP Data, But USD/CAD Near-Term Downtrend Holds

The Canadian Dollar fell as a GDP slowdown cooled BoC rate hike bets. Still, USD/CAD’s near-term downtrend remains in play. AUD/USD is eyeing Chinese PMI data. ....

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US Dollar Soars as Dow Jones Sinks on Hawkish Fed Comments. DXY Ready to Reverse?

The US Dollar soared as the Dow Jones sank on Monday after Chinese lockdown protests and hawkish Fedspeak spooked traders. Is the DXY Dollar Index readying to reverse? ....

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S&P 500 Soars, US Dollar Sinks After Richmond Fed Manufacturing Data. All Eyes on RBNZ

The S&P 500 rallied up a storm as the US Dollar sank after softer Richmond Fed Manufacturing data underscored the slowing inflation story. Ahead, all eyes are on the RBNZ rate decision. ....

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US Dollar Soars, Nasdaq 100 Sinks. Markets Face China Covid Lockdown Threats Again

The US Dollar soared on Monday as the Nasdaq 100 sank. A reemergence in harsh Chinese Covid lockdown threats leaves Asia-Pacific markets vulnerable on Tuesday. ....

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