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USD Daily Review January 1, 2019

USD Daily Review for January 1, 2019

EUR/USD looks to close 2018 around mid-1.14s

Amid a lack of significant fundamental drivers and the thin holiday markets, the EUR/USD pair fluctuates in a tight 40-pip range on Monday and clings


USD/JPY slumps to 6-month lows near 109.70

After recovering above the 110 handle in the early NA session, the USD/JPY pair, once again, turned south and extended its losses. The pair, which tou


USD/MXN ends year testing 19.60, Mexican peso among top performers

The Mexican peso is about to end the year with a very slight decline against the dollar, but with a favorable outlook from a technical point of view a


GBP/USD capped below 1.28 handle and correctes slide as dollar consolidates into year end

UK Parliament is due to return from the holidays, and there will be a vote in the Commons on PM May’s and the EU’s agreed withdrawal agreement and the


AUD/USD pulls away from daily highs as DXY recovers above 96.30

The AUD/USD pair started the week on a positive note as the U.S. President Trump’s comments on the trade negotiations with China provided a boost to t


USD/JPY climbs to 110 as stocks post gains in early trade

After touching its lowest level since mid-August at 109.90 earlier today, the USD/JPY pair gained traction in the last hour and was last seen trading


USD/CAD extends consolidation above 1.36

The USD/CAD pair is trading in a 40-pip range on Monday as markets stay calm ahead of the New Year holiday. As of writing, the pair was virtually unch


USD/CHF stays in narrow band near mid-0.98s

After slumping to its lowest level since late September at 0.9790 last Friday, the pair staged a modest recovery and finished the week at 0.9840. With


USD: Key pillars of divergence on shaky ground – TDS

According to Mazen Issa, senior FX strategist at TD Securities, the key pillars of divergence that supported the USD this year – macro, policy and ass


EUR/USD and GBP/USD Forecast January 2, 2018

The Euro initially fell during trading on Monday but then turned around to show signs of strength towards the end of the day. We are still below the vital 1….


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