U.S. dollar

The euro/U.S. dollar (EUR/USD) currency pair spiked higher before coming under intense selling pressure in the immediate aftermath of the European Central Bank meeting as speculators judged the policy statement to be overall more bearish than bullish.

On Thursday, the price of black gold moved higher after the EIA weekly report showed an unexpected decline in crude oil inventories.

The dollar lost more than 3% in 2018 against the euro, while gold jumped above $1,350 per barrel (as of January 25).
It’s remarkable how the dollar remains depressed and unloved, despite the Federal Reserve expressing optimism over increased inflationary pressures as the year moves on.

Another eventful trading week is slowly coming to an end with global stocks mostly mixed today, as investors sit on their hands ahead of the weekend.

In what would otherwise have been a quiet day ahead of a potentially volatile Friday, we saw the dollar index some sharp moves in three particular major currencies.
King Dollar flexed its muscles against a basket of major currencies during Tuesday’s trading session, as investors positioned ahead of Janet Yellen’s hotly anticipated speech in Cleveland later today.
The Australian dollar extended its rebound overnight after domestic consumer inflation data came out stronger than expected.
As we prognosticated on Monday, the New Zealand dollar has indeed begun to pick up steam on the upside, especially since bouncing off its 200 DMA.
Britain has long relied on foreigners to fund a big deficit in its balance of payments, a risk that has been heightened by the country's decision to leave the European Union.