Aussie Resilient In Face Of Dismal Job Data, Bitcoin Prepares To Conclude Consolidation
The forex markets are rather subdued in today’s Asian session, with major currency pairs and crosses largely trading... Read more
Sterling Wavers After UK CPI, Kiwi Leads
Sterling is having a volatile trading day, initially gaining ground after UK CPI data which indicated slower pace of d... Read more
Dollar Rally Cooling Off, Kiwi Rebounds Post-CPI
Dollar’s rally appeared to be slowing a little despite extended rally in benchmark treasury yields, the selloff in U... Read more
Euro Sees Modest Recovery Amid Improved Economic Sentiment, Canadian Down After CPI
Euro rises broadly today, lifted by significant improvement in economic sentiment indicators from Germany and the broa... Read more
Dollar Maintains Dominance As Global Markets Wrestle With Risk Aversion
Dollar is capitalizing on its strong position and extends its rally om Asian session today, as risk aversion grips glo... Read more
Strong Retail Sales Spur Brief Dollar Bounce; More Consolidations First?
Dollar bounces slightly in early US trading following unexpectedly strong retail sales data. However, there is no clea... Read more
Yen Hits 34-Year Low Against Dollar Amid Inaction From Japanese Authorities
The forex markets are primarily focused on Yen’s continued broad-based decline as another trading week commences. In... Read more
Bets On June Fed Rate Cut Abandoned, Dollar Asserts Dominance
The financial markets were jolted last week by data confirming the stall in disinflation progress in the US. This deve... Read more
Persistent Dollar Rally Accompanied By Yen And Franc Comebacks
Dollar’s rally presses on today and extends into early US session, reflecting continued strength even after a period... Read more
Dollar Holds Gains, Gold Hits Record, Sterling Awaits UK GDP
The forex markets turned quieter in Asian session today with minimal movements. Dollar is consolidating this week’s ... Read more
Euro Declines After ECB Opens Door For Rate Cuts, Dollar Eases Following PPI Data
Euro weakens broadly following ECB’s decision to maintain interest rates unchanged, coupled with explicit suggestion... Read more
Dollar Holds Strong As June Rate Cut Expectations Wane; ECB To Be Non-Event
Dollar remains firm in Asian session after the strong post-CPI rally. US stocks were deeply sold off as a June Fed rat... Read more
US CPI Sparks Strong Dollar Rebound, USD/JPY Breaks 152
Dollar is having a strong, broad-based rebound in early US session, driven by upside surprises in CPI data. The concer... Read more
Kiwi Rallies On RBNZs Hawkish Hold; US CPI And BoC Next
New Zealand Dollar rises broadly in Asian session following RBNZ’s decision to keep interest rates steady. The centr... Read more
Dollar Declines Without Clear Cause: Strategic Positioning Before Inflation Data?
Dollar falls broadly today and stays weak as markets enter into US session. The underlying cause of this sell-off rema... Read more