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dollar

Dollar Soars As War Rages & Oil Spikes
Dollar Soars As War Rages & Oil Spikes

Dollar Rally ContinuesThe US Dollar is ending the week firmly higher, with the DXY now trading its highest level since November last year. The move comes in response to the rising oil prices we’re...

Iron Ore Pushing Higher Despite Demand Concerns
Iron Ore Pushing Higher Despite Demand Concerns

Iron Ore Rally ContinuesIron ore prices are pushing higher again today as the conflict in the Middle East keeps the market underpinned. Spot prices are now up almost 8% off the YTD lows, recovering...

Dollar On Watch: Iran War & US Inflation
Dollar On Watch: Iran War & US Inflation

Iran War ContinuesThe US Dollar is on watch this week as the war with Iran rages on and traders prepare for the latest US CPI data on Wednesday. A record push higher in oil prices which saw crude...

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Dollar Upside Seen Into NFP

NFP In FocusAll eyes are on the latest US jobs report due later today. Following a stronger ADP number earlier in the week and softer-than-forecast jobless claims yesterday, USD bulls are hopeful for...

Dollar Supported by Strong Data Ahead of NFP
Dollar Supported by Strong Data Ahead of NFP

 Strong US DataThe US Dollar is back in the green today as traders digest the latest US data from yesterday. The ADP employment figure jumped to 63k from 22k prior, well above the 50k the market was...

Gold Back Above Key Support As USD Cools
Gold Back Above Key Support As USD Cools

Gold ReboundsGold prices are stabilising today with the futures market trading back above a key support level following a break below yesterday. XAUUSD is sitting back atop the 5,113.51 level today,...

USD On Watch Into ADP Data
USD On Watch Into ADP Data

USD SoftensThe US Dollar is on watch today following the pullback from yesterday’s multi-month highs. Traders will be looking to the latest ADP employment print this afternoon ahead of Friday’s...

Dollar Rallying on Safe-Haven Flows and Fed Expectations
Dollar Rallying on Safe-Haven Flows and Fed Expectations

Iran Conflict Driving USD Safe-Haven RallyThe US Dollar is pushing firmly higher today with the DXY now up around 1.5% on the week that’s. The move is being fuelled in part by a strong uptick in...

Cable Plunges on Rising UK Political Uncertainty
Cable Plunges on Rising UK Political Uncertainty

Pound Under PressureThe British Pound is coming under heavy selling pressure today with GBPUSD hitting fresh 1-month lows. Part of the move lower is in response to a stronger US-Dollar which has risen...