Dollar Bulls Losing Steam?

Dollar Bulls Losing Steam?

 Trump’s tax reform that boost dollar seems to be short-lived, sell USD/JPY? Trump sold tax reform plan that calls for sweeping tax cuts and a simplification of the tax code US dollar strength could return in the fourth quarter as President Trump finally unveiled...
Why A Hawkish Fed Is Negative For Dollar This Time?

Why A Hawkish Fed Is Negative For Dollar This Time?

 Fed’s balance sheet unwinding may hurt sentiments on stocks. Good opportunity to buy gold? Fed’s downgrade on its long-term target rate to flatten yield curve, which is seen as negative to dollar Fed appeared to be hawkish in its FOMC September meeting. Not only...
How To Take Advantage Of Fed’s Unwinding

How To Take Advantage Of Fed’s Unwinding

 Fed’s balance sheet unwinding could drive equities lower, sell USD/JPY? Shrinking the balance sheet is likely to reverse the portfolio rebalancing effects of QE, which may spur demand for safe haven assets Dollar stayed firm near the seven-week high versus yen...
ECB May Jam The Brakes This Week

ECB May Jam The Brakes This Week

 Draghi may lower expectation on policy tightening, sell EUR/USD? Dollar strengthened after weak NPF, as news reported ECB may delay QE tapering plan US dollar surprisingly edged higher against a basket of currencies, especially euro, after disappointing US jobs...
Euro Rallies To 31-Month High

Euro Rallies To 31-Month High

 Draghi may announce QE tapering within the next two months, buy EUR/USD? Draghi said global recovery is firming up, suggesting he is comfortable with less accommodative policy The euro rallied to its highest level in more than two years against the dollar after...