Sterling Rises Following Encouraging UK PMI Data, Dollar Weakens Across The Board
Sterling rises notably against Euro and Dollar today, buoyed by encouraging UK PMI data that pointed to a strong start... Read more
Forex Markets Hesitant, Eurozone And UK PMIs, BoC In Focus
The forex markets are currently extending a phase of indecision. Dollar, after briefly rallying against Euro and Swiss... Read more
Forex Markets Lack Clear Theme; Yen Rebounds Briefly, EUR/GBP Resumes Downtrend
Identifying a singular driving theme proves challenging In today’s forex market. Japanese Yen made an attempt to reb... Read more
Yen Steady After Brief Ripples From BoJ, Dollar Softens Mildly
Yen weakened momentarily after BoJ left monetary policy unchanged as widely expected, but swiftly regained stability. ... Read more
Yen Strengthens Modestly Ahead Of BoJ Decision; Forex Markets Quiet
Yen trades mildly firmer in tight range today, as markets are now keenly awaiting BoJ rate decision in the upcoming As... Read more
Contrasting Trends In Asia; BoJ, BoC And ECB To Highlight A Busy Week
Asian markets highlights sharp divergence in trends today. Nikkei surged to new 34-year high, buoyed by last week’s ... Read more
Dollar Soars And Stocks Hit Records As Markets Rethink Rate Cut Timing
Last week’s market development suggest growing skepticism among traders on their own aggressive bets on early rate c... Read more
Sterling Sees Moderate Decline After Weak Retail Sales, Losses Contained
Sterling fell broadly today following weaker-than-expected retail sales data. Despite this, the British currency’s l... Read more
Yens Decline Persists Following Japan CPI Release, Dollar Upholds Its Lead
Yen’ decline resume today after release of Japan’s latest CPI data, which suggests that BoJ is not be under immedi... Read more
Dollar Rises On Jobless Claims, Fed Cut Expectations Continue To Shift
Dollar bounces in early US session, buoyed by unexpectedly low initial jobless claims data, which also lifts US 10-yea... Read more
Forex Markets Steady With Stabilized Sentiment, Aussies Recovery Dampened By Job Data
The forex market displayed relative tranquility in Asian session, with major currencies confined to tight ranges. This... Read more
Unexpected UK CPI Boosts Sterling, Risk Aversion Continues
Sterling emerged as the star performer in today’s market, largely driven by surprising inflation data from the UK. C... Read more
Market Trepidation Over Chinese Data, Dollar Marches On
Prevailing mood of risk aversion was evident in Asian session today. Hong Kong stocks led the region lower, reflecting... Read more
Dollars Rally Unfazed By Weak Manufacturing Data, Bolstered By Risk Aversion
Dollar continues its strong rally in early U.S. session, making an attempt to surpass January high against Euro. The m... Read more
Dollar Defies Increasing Rate Cut Expectations, Gains Ground On Risk-Off Sentiment
Dollar rises broadly on risk-off sentiment today, as as Hong Kong stocks led the region lower. The greenback’s stren... Read more