Dollars Decline Sharpens Against European Majors, Yen Sees Rebound
Dollar weakened broadly overnight, particularly against European majors, following disappointing US manufacturing data... Read more
Yen Rises Slightly, Yet Struggles To Gain Strong Momentum
The forex markets are showing relatively limited movement today, remaining mostly within established ranges. Yen is ha... Read more
Risk Sentiment Firm, Currencies Hold Steady, Anticipate Rate Cuts And Crucial Economic Data
Global markets started the week on a positive note, drawing momentum from the robust close last week in the US and buo... Read more
Surge In Penny Stock Trading In The US Raises Concerns Over Market Frothiness
The US stock market is witnessing a notable boom in penny stock trading, with volumes for some sub-$1 shares now surpass... Read more
Swiss Franc Outperforms As Global Inflation Data Lack Lasting Impact On Forex
Inflation data were the key drivers in the forex markets last week, though they failed to produce any sustained moveme... Read more
Euro Rallies On Inflation Surprise, US PCE Data Bolsters Stocks
Euro surges broadly today after Eurozone inflation data showed larger than expected re-acceleration in May. While this... Read more
Inflation Data From Eurozone And US Takes Center Stage
Dollar continues its struggle to find direction, and stay in familiar range against most major currencies except again... Read more
Economic Pressures Drive Calls For Weaker Renminbi In China
Beijing, May 2024 — Increasing economic pressures are leading to heightened calls for Beijing to allow the renminbi to... Read more
Swiss Franc And Yen Surge As Dollar Lags In Risk-Averse Markets
As US session commences, Swiss Franc and Japanese Yen are trading as the day’s strongest currencies, fueled by risk ... Read more
Treasury Yields Spike And Safe-Haven Currencies Ascend
The US financial markets were enveloped in a wave of risk aversion that continued into Asian session, primarily driven... Read more
Tepid Treasury Demand Drives Bond Yields Up, Stocks Down
New York, USA — Tepid demand for new US Treasury auctions has driven bond yields up, leading to a noticeable decline i... Read more
Sterling Soars To 21-Month High Versus Euro On Delayed Rate Cut
London, UK — Sterling has soared to a 21-month high against the euro as investors adjust their expectations regarding ... Read more
Risk Aversion Dominates Amid Light Economic Calendar
Risk aversion is the prevailing theme in the global markets today, with major European indexes trading in the red and ... Read more
Australian Dollar Strengthens Modestly On Surprising Inflation Data
Australian Dollar is having a modest bounce today after stronger-than-anticipated inflation figures. The data also rev... Read more
Swiss Franc Rises Sharply Amid Middle East Tensions; EUR/CHF In Short-Term Correction?
Swiss Franc is having a significant surge today, likely due to flight to safe-haven assets amid rising tensions in the... Read more