NFP Fuels Dollar Surge, Canadian Jobs Drag Loonie
Dollar rises broadly in early US session in response to surprisingly strong non-farm payroll data. Dollar’s ascent i... Read more
BoJ Uedas Rate Hike Musings Propel Yen, Dollar Regains Ground On Risk Aversion
Japanese Yen rebounded broadly in Asian session today, shot up by comments from BoJ Governor Kazuo Ueda regarding the ... Read more
Swiss Franc Plummets On CPI Data Which Fuels Expectations Of Further SNB Easing
Swiss Franc faced broad selling pressure in European session, driven by CPI lower than CPI data. Inflation in Switzerl... Read more
Fed Powell And Soft Data Dampen Dollar, While Commodity Boom Propels Aussie
Dollar was sold off overnight after weaker than expected ISM Services data, and the weakness persisted following comme... Read more
Markets Unmoved By Eurozone CPI And US ADP Reports, Await Further Cues
The forex markets showed rather muted response to the latest batch of economic data released today. Euro has continued... Read more
Dollar Sees Mild Retreat Ahead Of ISM Services, Gold Extends Record Run
Dollar retreated mildly following comments from two FOMC members, including a known hawkish figure, reiterating expect... Read more
Swiss Franc Falls Amid Surging Treasury Yields And Manufacturing Optimism
Currency markets shifted their attention towards the sell-off in Swiss Franc today, a reaction to the substantial rall... Read more
Dollar Strength Persists As Markets Await Fed Speakers
Dollar stayed broadly firm in Asian session today, after rallying on robust manufacturing data and significant rebound... Read more
Post-Holiday Forex Awakening: Dollar Strengthens On Surprising ISM Manufacturing Expansion
The forex markets roared back to life from holiday lull in early US session, Dollar surges broadly as buoyed by unexpe... Read more
Nikkei Dips On New Fiscal Year, Gold Soars To New Highs, Currencies Unmoved
Activity in global financial markets remain generally subdued due to the extended Easter holiday in many regions. Neve... Read more
Dollar Edges Lower As PCE Inflation Data Aligns With Expectations, Gold Hits Record
Dollar dips mildly in the wake of the latest PCE inflation data, which largely met market expectations without deliver... Read more
Dollars Momentary Rise Fades Amid Market Caution
Dollar initially gained momentum in European session and breaks through near term resistance against Euro. However, th... Read more
Nikkei Takes Hit From Japans Vigorous Yen Verbal Intervention, But Yens Gain Lacks Strength
Nikkei tumbled sharply in Asian session today, largely in response to Yen’s rebound late yesterday, which followed s... Read more
Japans Financial Leaders Unite In Defense Of The Yen, Sparking Rebound
Japanese Yen staged in a notable rebound in European session, triggered by heightened market vigilance towards market ... Read more
Verbal Intervention Heighten As Yen Stumbles, Kiwi Falls On Bleak Economic Projections
Japanese Yen breached its recent low against the broadly strong Dollar in Asian session today, but the selloff halted ... Read more