Another day of not very much action saw the USD wander aimlessly along mostly horizontal channels with no destination in mind. Net movements against the biggest dozen currencies were small and ranges were narrow.

Investors found it difficult to get worked up about the dollar. There was no breakthrough in trade negotiations with China although the emergence...

As far as global profile was concerned, there was nothing yesterday to touch the Federal Open Market Committee's policy decision and Chairman Jay Powell's forensic demolition of any remaining expectation of higher interest rates.

Parliament attempted to get rid of some of that uncertainty when it voted to prevent Britain leaving the EU without an agreement...

The USD had two sets of data to contend with, neither of them hugely important but neither of them particularly helpful. ADP's employment change figure indicated 183k new jobs in February, slightly short of the forecast 183k increase.

While much of the world took time off on Friday and Monday, investors in the United States were, at least in theory, at their desks. Given the paucity of tradable data and the lack of liquidity in...

There were two inter-related issues for the USD on Wednesday; inflation and the Fed. Both turned out to be at least a little helpful, though not enough to make it a great day for the dollar.

Both sides sound optimistic that the trade war between America and China is heading towards a satisfactory conclusion.

Perhaps because of the imminent Memorial Day weekend the USD did not see a lot of action on Friday.

The dollar itself did not really become involved in the Tuesday's risk-off move but it was surely at the heart of the matter.