Dollar

IG’s Chief Market Analyst, Chris Beauchamp, looks at going long USD/CAD around C$1.3480, with a stop at C$1.3400 and a target of C$1.3650.

2024-03-12T00:53:01+0000

Gold climbs despite low volatility, benefiting from a softer dollar and lower US yields, highlighting its market resilience.

2024-02-28T03:33:45+0000

Weak Chinese economic growth meets Conservative yearly target, SSE composite index faces deep sell-off with limited reversal prospects. Meanwhile, high 'beta' Australian dollar vulnerable amid global index decline.

2024-01-18T03:01:10+0000

The rejuvenated USD and robust US yields weigh on gold at the start of the week; gold and USD extend inverse relationship after NFP. What are potential support levels considered ahead of US CPI and FOMC meeting?

2023-12-13T03:19:29+0000

A recent run of weakness for the US dollar has paused for now, with the greenback making some headway against sterling, the yen and the Canadian dollar.

2023-12-06T10:46:13+0000

USD/JPY is close to 2022’s high of 151.94 - a 30-year top; and strong US consumer price numbers could see the dollar smash through this level again.

2023-11-14T05:41:03+0000

Renewed weakness in GBP/USD means the downtrend of the past few months appears to be reasserting itself. Our trade is to go short GBP/USD, with a stop at $1.2340 and an initial target of $1.1960 and then the March low of $1.1830.

2023-10-25T16:01:59+0100

The Australian dollar steadies as risks swirl for markets; the US dollar has been underpinned by firm Treasury yields; and markets appear poised for a busy week.

2023-10-16T04:47:04+0100