OctaFX | OctaFX Forex Broker
Open trading account

USD extends its strength – Danske Bank

FXStreet (Edinburgh) - The greenback continues unabated its march north, observed Senior Analyst Sverre Holbek at Danske Bank.

Key Quotes

“The USD uptrend resumed yesterday. Clearly, higher US rates are the immediate driver but there are other factors at work”.

“In particular, we continue to flag the USD’s increasing role as an asset currency, where US returns are simply higher whether one looks at bonds, equities or real estate”.

“That will continue to support the USD even without higher US rates”.

Australia's August jobs numbers soar above all expectations - TD Securities

Prashant Newnaha, Asia-Pacific Macro Strategist at TD Securities comments on Australia's employment report which showed a 121K increase in August, crushing consensus expectations of a 15K gain.
Read more Previous

EUR/GBP left 0.80 highs – but is it for good?

EUR/GBP opened the day at 0.7966, made an attempt to go higher reaching 0.7975 in Asia, before retreating to current 0.7960 area.
Read more Next
Start livechat