German Factory Orders
2 STORIES
FORECASTS15D
U.S. Dollar Advances as Oil Rally and Treasury Yields Drive Forex MovesThe U.S. Dollar Index pushed higher as traders weighed a stronger than expected Initial Jobless Claims reading and a sharp oil rally tied to rising Middle East tensions. EUR/USD weakened after soft Euro Area Retail Sales, while USD/JPY climbed as Treasury yields rose.
FORECASTS46D
U.S. Dollar Advances as ISM Services PMI Meets Forecasts and Yen Weakness DeepensThe U.S. Dollar Index moved higher after ISM Services PMI showed continued expansion, keeping traders focused on resistance levels above 101.15. EUR/USD softened on weaker Euro Area Retail Sales, while USD/JPY climbed back above 162.00 as rate-difference expectations continued to weigh on the yen.