USD

Exclusive USD - is the rally over?
The USD is the worst performing G10 currency on a 5-day view, with the DXY dollar index having lost around 2% since its late July levels.

Exclusive USD/JPY - who's in charge?
When the BoJ meets on Friday, it’s board will have the advantage of knowing the outcome of this week’s Fed policy meeting.

Exclusive EUR/USD - wary
The USD has benefitted from a combination of safe haven flows and hawkish expectations regarding the Fed.

Exclusive USD - losing momentum
Recent price activity suggests that upward momentum in the USD is lacking

We maintain the view that EUR/USD will struggle to regain the directional uptrend that was in evidence for much of last year

This month the DXY dollar index has traded at its highest levels since last spring, which begs the question of whether the greenback has entered into a cyclical upswing.
