Forex Consolidation, Metals Surge, US Retail Sales And PPI Eyed
Overall, the forex markets are still stuck in consolidative trading in Asian session, with expectations set for a subd... Read more
Yen Back Under Pressure, Copper Surges
Yen declined notably during the European session and stays weak as markets enter into US session. The selloff comes in... Read more
Yen Slightly Firmer On Wage Growth Prospects, Dollar Rally Capped
In today’s subdued Asian session, the currency markets saw minimal movement, with most major pairs and crosses gyrat... Read more
Dollar Hesitates After Stronger Than Expected CPI, Sterling Lower On Job Data
Dollar saw only a temporary uplift from stronger-than-expected CPI figures from the US. The greenback reverted to pre-... Read more
Yen Retreats As FM Tempers Inflation Optimism; Market Awaits US CPI And UK Wage Insights
Yen weakened broadly in Asian session today, reversing some of its robust since the previous week. This shift in momen... Read more
Yen Dominates Quiet Markets, Bitcoin Achieves Record High
Yen continues to stand out as the strongest currency in today’s relatively subdued markets, supported by anticipatio... Read more
Yen Strengthens On Recession Avoidance, Dollar And Sterling Await Data-Driven Clarity
Yen rises broadly in Asian session today, lifted by economic data indicating Japan’s narrow escape from recession la... Read more
Dollar Dives, Yen Soars, A Week Of Divergent Fortunes
Dollar and Yen had contrasting fortune last week, responding to divergent central bank expectations. Dollar found itse... Read more
Dollar Slump Intensifies As Jobs Report Underwhelms, Gold At New Record
Dollar’s decline accelerated in the early US session, triggered by disappointing non-farm payroll data. Despite a se... Read more
Aussie Tops On Risk-On Wave And China Trade Boost, Dollar In Limbo Before NFP
Dollar is continuing its streak as the weakest performer for the week, amid a global surge in risk appetite. Major sto... Read more
Euro Wavers After ECB Holds Rates, Yen Dominates On Rate Hike Bets
Euro dips notably following ECB’s decision to maintain interest rates unchanged, coupled with downward revision in i... Read more
Dollars Slide Deepens, Yen Bolstered By Wage Optimism, Euro Awaits ECB
Dollar fell sharply overnight and the broad-based decline extended into Asian session today. Some analysts attributed ... Read more
Dollar And Yields Downturn Continues, Fed Chair Powell Offers No Respite
Dollar is trading broadly lower as markets enter into US session, with minimal backing from Fed Chair Jerome Powell’... Read more
Record-Breaking Gold Amid Falling US Yields, Eyes Set On Fed Powell And BoC
Dollar faced some selling pressure overnight, as dragged down by the sharp decline in the 10-year treasury yield. Desp... Read more
Aussie Falters While Dollar Sees Slight Uptick
The picture is pretty much the same through Asian and early part of European session, with the Australian and New Zeal... Read more