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The US dollar methodically gained ground over the week. The DXY rose for six consecutive sessions, gaining 1.3% on the back of macroeconomic data. Neutral inflation readings provided the latest leg of gains. Consumer prices rose in line with average forecasts, up 2.7% headline and 3.3% excluding foo

The ongoing political struggles in Germany and France, along with expectations for an ECB rate cut and more dovish leaning communication at tomorrow’s meeting have kept the Euro well capped into rallies. Share: Analysis feed

The Dollar Index has risen well and if sustained, can rise back towards 107-108. Euro is unable to see a strong break past 1.06 but we have a bullish bias above 1.0550-1.0500. A break past 1.0650 can take it higher to 1.0750 eventually. Since we are bullish on the Dollar Index and the Euro at the sa

Overview: There are two broad developments in the G10 currencies ahead of the US jobs report. The euro, Swiss franc, sterling, Swedish krona, and the Canadian dollar are in tight ranges with a heavier bias. The others are off a 0.3%-0.7%. There have been various distortions, like storms and industri

Markets The front end of the European yield curve outperformed going into the weekend. Rates dropped almost 5 bps in the 2-yr German tenor, enough to lose the symbolical 2% barrier to close at a 2-year low. It followed European inflation numbers coming in at the expected 2.3% headline, which prompte

EUR/USD EURUSD edged lower in early Thursday’s trading, retracing a part of Wednesday’s 0.8% rally, but dip was so far limited by broken 10DMA (1.0524, reverted to support). Near term action is expected to remain biased higher while holding above 10DMA and keep in play potential upside prospects, sp