ATF Trading Room

JPY Down as Trade talks with China Resume and Risk Appetite Makes a Comeback

Yen_Natsume_Soseki

Easing global political worries see safe haven sell off, including the US Dollar. Market sentiment has improved as US-China trade talks look set to resume next month. In addition, easing global political worries from Hong Kong, Italy and the UK helped boost risk appetite...

 

Trade war heats up, cools USD rally in Spite of a Solid U.S. Jobs Report

Jobs

The U.S. dollar kept below multiyear peaks as solid jobs data wasn’t enough to allay concerns about the amped up trade war. America’s jobs report met forecasts with a gain of 164,000 in July, a healthy amount that kept unemployment at a low 3.7%...

 

Forex News

USD Firm after the Fed Announces another 25bps Rate Cut

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The Fed shaved another 0.25% off the Fed funds rate which it lowered to a range of 1.75% to 2.00%. The 7-3 vote in favor of today’s action showed that two officials dissented, preferring to keep policy unchanged, while the others wanted a 50 bps cut...

 

EUR Falls to Near 2-year Low, then Jumps on ECB Roller-coaster

ECB Draghi3

The euro dropped then quickly popped after the European Central Bank delivered a strong dose of stimulus to try to revive the bloc’s morbid economy. The ECB deployed a dovish arsenal of measures to try to spur growth and restarted QE bond buying...

 
 

Forex Outlook

GBP cools off its recent bull run as traders take profits

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Sterling slipped from two-month highs as sobering news on the U.K consumer spurred many to take some chips off the table. Sterling pared some of its gains as the rocky week of U.K. politics suggested a fading likelihood of Britain exiting the EU without a deal...

 

GS FX Research: EUR and CAD Trade Ideas

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Looking at the trading session ahead, Goldman Sachs strategists prefer not to chase EURUSD lower as it has already approached 1.1720 support, but would sell on rallies to 1.1810 or on a break below 1.1700, with EUR to be well supported near 1.1665...

 

Forex Research

Is Elliott waving goodbye to the U.S. dollar?

Currency Rates

Being a long-time observer of market dynamics one can`t help getting a sense of déjà vu when looking at the chart of US dollar index as it bears a very familiar Elliott Wave price structure to one seen not so long ago, which may surprise USD bulls...

 

The ‘Grand Old Party’ and the U.S. dollar

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A close examination of past administrations, major events on the world stage which have occurred since the end of the 1960s, and the US dollar trends, can provide a great insight of what the future might have in store for the greenback...

 

Bloomberg TV