Morning Forex Briefing
The USD is on the defensive overnight as the major pairs continue to correct higher; USD/JPY is firmer as traders continue to debate the recent need for unwinding of Yen carry trades.
Afternoon US Dollar Wrap-Up
Initially starting firm in Asia the USD came under a bout of selling through Europe
Afternoon US Dollar Wrap-Up
The USD is mixed in corrective two-way trade after a quiet start overnight was dominated by active JPY cross spreading.
Morning Forex Briefing
Traders saw early selling of the USD/JPY by Swiss names taking the rate down to a low print at 115.26 before residual bids began to firm the pair into European trade.
Morning Forex Briefing
The USD is mixed again this morning as Yen carry unwinds continue, most Yen crosses taking a beating overnight.
Morning Forex Briefing
The USD is mixed again this morning as unwinds of the Yen carry trade continue to dominate trader interest.
Morning Forex Briefing
The USD is mixed to start New York after a volatile overnight session dominated by interest in the JPY crosses.
Afternoon US Dollar Wrap-Up
The Greenback is mixed at the New York close after starting overnight on the defense initially.
Afternoon US Dollar Wrap-Up
After yesterdays sharp break in the USD, today’s action would be considered more subdued and potentially a recovery.
Morning Forex Briefing
The USD has recovered some poise overnight after yesterday’s sharp drop on nervous fears regarding the Yen carry.
Morning Forex Briefing
Initially starting firmer to mixed in Asia the USD opens New York weaker after selling off in European trade as traders find the rates mostly driven by technical factors and stops.
Morning Forex Briefing
The USD is weaker on follow through selling for the most part but is recovering a bit into the start of early New York trade as technical support and resistance numbers continue to keep the majors within established ranges near-term