Sluggish Forex Markets On Hold For Direction From US Non-Farm Payrolls
Forex markets remain directionless as the week’s highly anticipated central bank activities. The rate cuts by both B... Read more
Industry Skeptical Of New Texan Stock Exchange Backed By BlackRock And Citadel Securities
A new stock exchange start-up in Texas, supported by BlackRock and Citadel Securities, aims to compete with Nasdaq and t... Read more
Euro Holds Steady After ECB Rate Cut
Following ECB’s decision to lower interest rates by 25 bps, a move that aligned with market expectations, Euro remai... Read more
Post-BoC Selloff Short-Lived For Canadian Dollar, Euro Eyes Upcoming ECB Meeting
Canadian Dollar remains the weakest performer for the week at this point. Yet, losses is so far contained, with the re... Read more
TSMCs Milestone Reflects Robust Semiconductor Market
Taiwan Semiconductor Manufacturing Company (TSMC) achieved a significant milestone on Thursday as its shares hit an all-... Read more
Subdued Trading Continues As Markets Shrug US ADP Disappointment
Trading in the forex markets is subdued US session gets underway, with weaker-than-expected U.S. ADP private job data ... Read more
Weak Loonie Anticipates BoC, Struggling Dollar Seeks Support From ADP And ISM Services
Forex trading in Asian session today was relatively muted, with market participants holding off on major moves in anti... Read more
Global Central Banks' Dollar Reserves On The Rise: Interest Rates And Economic Strategy
The recent survey indicating that global central banks are planning to increase their dollar reserves has significant im... Read more
Yen And Swiss Franc Skyrocket Amid Lower Treasury Yields And Market Cautiousness
Japanese Yen and Swiss Franc are seeing significant upward momentum today. As news flow has been very slow, these safe... Read more
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