The greenback appreciated sharply at the end of the week, finishing it with gains against all of its major rivals. Global indexes closed with sharp losses, except for the Nasdaq that managed to post an intraday advance.
The greenback manages to bounce off weekly lows near 89.70, although it keeps navigating a sea of red when gauged by the US Dollar Index (DXY).
The US Dollar Index printed fresh daily highs near 90.40 as US yields jump to fresh monthly highs. The 10-year rose to 1.429%, a new one-year high, and then pulled back. The greenback gained versus G10 currencies, but it still remains in negative territory versus commodity and emerging market currencies amid an improvement in risk sentiment.
The American dollar maintains its sour tone across the FX board but finished the day unevenly. It appreciated against the CHF, the JPY, and the EUR, but fell against GBP, AUD, and CAD, which reached fresh yearly highs against the greenback.
The American dollar fell against all of its major rivals, amid renewed market’s optimism. The greenback seesawed between gains and losses moving alongside Treasury yields, which reached fresh YTD highs, falling sharply during US trading hours.
Agricultural Commodities were mixed on Thursday after the World Agricultural Supply and Demand Estimates (WASDE) report
USDA delivers its latest grain data dump in the agency’s monthly World Agricultural Supply and Demand Estimates (WASDE) report.
Agricultural Commodities were mixed on Monday after a round of uneven technical maneuvering.
Agricultural Commodities were mixed on Friday supported by strong demand for U.S. Dollar.
Agricultural Commodities prices landed in the green zone on Wednesday supported by strong demand for U.S. cargoes and a softer American dollar.
Asian shares mixed Monday as investors looking for updates on the signing of a trade deal between the U.S. and China and kept a wary eye on North Korea.
Asian stocks were mixed on Friday after positive data in China's industrial profits. Elsewhere, Japanese retail sales data for November showed worse-than-expected results.
Asian stocks were mixed on Tuesday, with Hong Kong and Australia’s markets closing earlier ahead of the Christmas holiday on Wednesday.
Asian stocks rose on Monday, following the jump in U.S. shares after robust U.S. jobs data, although gains were capped by concerns about China’s economic slowdown due to the prolonged U.S.-China trade war.
Asian shares were mostly in the red at the end of Monday’s session, as shares in Hong Kong fell amid high tensions in the city.
MENA shares ended Monday’s session in mixed territory as Saudi Arabia shares edged higher supported by passive funds inflows while Abu Dhabi index fell pressured by the Utilities sector.
MENA shares finished on mixed notes on Thursday’s trading session. As Bahrain, Dubai, and Egyptian market settled in the green at the end of today’s session.
MENA shares finished on mixed notes on Tuesday’s trading session. As Qatar stocks and Bahrain market settled in the green at the end of today’s session.
MENA shares finished higher on Monday’s trading session. Were Bahraini stocks and Saudi Arabia market settled in the green at the end of today’s session.
MENA shares were mixed on Wednesday’s session.
The Telegraph, a well-known British newspaper reported late on Sunday that Prime Minister Boris Johnson has prepared a legal strategy to counter opposition lawmakers’ attempts to enforce a three-month extension to Britain’s Brexit deadline if no-deal is agreed by October 31.
One of the most significant monthly economic data for investors is the release of the United States Non-Farm Payroll Report. This figure carries great significance for traders as it indicates job growth in the United States.