(Asian Session) – Dollar faces headwinds after FOMC minutes; euro rises as Rajoy sets deadline for Puigdemont

(Asian Session) – Dollar faces headwinds after FOMC minutes; euro rises as Rajoy sets deadline for Puigdemont Dollar faces headwinds The dollar was mostly in the red against its major counterparts during the Asian session after the FOMC meeting minutes released on Wednesday indicated that Fed policymakers had doubts on the inflation path. In contrast, the euro was on track
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(Asian Session) – Euro holds strong as Puigdemont delays Catalonia’s independence; dollar heavy amid concerns on tax legislation Euro holds strong The Asian session was relatively quiet on Wednesday as economic releases were limited. Following a stressful day in Spain, where Catalonia’s independence was put on hold, the euro remained strong above the 1.18-key level overnight, while the dollar was
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(European Open) – Mixed open in Europe following from slightly positive US / Asian trading Mixed open European stocks opened mixed on Thursday as UK and Spanish stocks were in the green while German, French and Italian markets were either unchanged or slightly lower. In Spain there was a little relief that the situation in
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(Asian Session) – Dollar weakens on concerns over dovish new Fed chair   Dollar weakens On Wednesday, economic market drivers were limited as the economic calendar was lacking important data. However, a final list of subsequent Fed candidates and speculations that Trump might nominate a less hawkish candidate pressured the dollar lower during the Asian
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(Asian Session) – Euro, kiwi setback as election winners seek coalition; gold down despite another round of threats Euro, kiwi setback The euro and the kiwi were trading lower on Monday after the election weekend for Germany and New Zealand ended with expected outcomes but insufficient votes to form a government. Meanwhile, geopolitical tensions continued to escalate between
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