Dollar Tumbles Further as Gold Hits Record, Coronavirus Weighs on Sentiments
Gold’s up trend accelerates further and finally makes new record high today. That comes in a time when...
Euro Started Medium Term Up Trend With Break of Key Resistance Against Dollar
Euro ended as the strongest one last week as boosted by the agreement on the Next Generation EU...
European Majors Supported By Strong PMIs, Risk Aversion Continues
Yen and Swiss Franc are trading as the strongest ones for today as stock markets are weighed down...
Risk-Off on Double Dip Worries and Intensifying US-China Tensions
The financial markets are generally in risk-off mode in Asia, following the selloff in US overnight. Worries over...
Markets Shrug Rebounding Jobless Claims, Sterling Lower on Brexit Stalemate
Sterling tumbles broadly today as another round of Brexit negotiations ended without making any significant progress. Though, Aussie...
Dollar and Yen Weak after Steep Selloff, No Bottoming in Sight Yet
Investors in Asia remain generally cautious today as reflected in the mixed markets. US-China tensions look set to...
Yen Selloff Accelerates Even Though Risk Sentiments Turned Mixed
Risk markets turned mixed today as investors appear to be turning from optimism to cautiousness. Hong Kong stock...
Dollar Stays Pressured as Gold Targets 1920 Record High
There is no apparent slow down in rally in commodity currencies against Dollar, even though risk markets turned...
Strong Risk Rally on EU Recovery Fund, Aussie Accelerates
Global stock markets are lifted by the agreement on the EUR 750B Next Generation EU recovery package. Commodity...
Aussie Surges as RBA Said No to Intervention, Euro Softens on Profit Taking
Euro weakens somewhat today after EU finally reached an agreement on the recovery fund. Traders seem to be...
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