Sterling Jumps as Euro Bulls Lose Patience on EU Recovery Fund
While Euro rises initially today it’s starting to be overwhelmed by Sterling and Swiss Franc entering into US...
Euro Surges Again on Recovery Fund Progress, Yen Down on Poor Exports
Euro’s rally continues today as, despite some jitters, it appears that EU would agree on a compromised deal...
Euro’s Rally to be Tested by Outcome of EU Summit on Recovery Fund
Euro ended last week as the strongest one, as pushed up by hope of an agreement over EU’s...
Euro Surges as Traders Await EU Decision on Recovery Fund
Euro and Swiss Franc rise broadly today but upside is so far limited. Traders are still cautiously awaiting...
Dollar Mixed in Subdued Trading, With Prospect of Recovery Before Close
The forex markets are generally stuck inside yesterday’s range in subdued trading today. Chinese stocks attempted a recovery...
Dollar Firms Up as Chinese Stocks Drag Others Lower, Euro Firm after ECB
The sharp reversal in Chinese stocks is somewhat weighing on global sentiments today. European indices are generally in...
Dollar Trying to Recovery as Asia Turned Risk-Off, ECB Awaited
Dollar is trying to recover today as Asian markets turned into risk-off. Better than expected Q2 GDP data...
Coronavirus Vaccine Hopes Prompt Full Risk-On, Dollar and Swiss Franc Dive
Markets are in strong risk-on mode again on coronavirus vaccine hopes. Moderna group said earlier that the vaccine...
Dollar Tumbles as Fed Stimulus Hope Boosts Risk-On Trades
Risk-on trades dominated the US markets overnight, as Fed officials indicated the willingness to keep accommodative measures in...
Euro Surges in Indecisive Markets, Sterling Stays Weak
Risk sentiments continues to be weak today but selloff in the stock markets is so far limited. Euro...
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