Dollar Staying Firm Despite Unexpected US GDP Contraction
Dollar’s broad based rally continues into US session. The unexpected contraction of Q1 US GDP might give the...
Yen Selloff Resumes as BoJ Maintains Dovish Bias, Gold Extending Decline
Yen falls broadly in Asian session today after BoJ stands pat and even maintains a dovish bias. 10-year...
Dollar Powered Up, Fed to Hike 50bps in May and 75bps in Jun?
Speculations on aggressive Fed tightening intensified sharply last week after a chorus of hawkish comments from policy markets....
Sterling Falls Broadly after Weak Retail sales, Dollar Up
Sterling drops broadly today as weak UK retail sales data argues that the expected consumption drag from high...
Dollar Rises on Risk Aversion and Yields, Euro Rebound Faltered
Overall markets are relatively mixed. Euro’s rebound attempt yesterday was rather disappointing, but it’s nonetheless still the best...
Euro Rebounds as Some ECB Members Talk Up July Rate Hike
Euro rebounds strongly today as some ECB policymakers continued to talk up the chance of a July rate...
JPY Turning Weaker Again, CAD Staying Strong
Inflation data were the main drivers in the forex markets in the past 12 hours. New Zealand Dollar...
Euro Knocked Down after ECB, Dollar Striking Back
Euro is knocked down in early US session after ECB left interest rates unchanged. The central bank leaves...
Euro Rebounds Ahead of ECB, Dollar Follows Yields Lower
Dollar dropped notably overnight together with pull back in benchmark treasury yield. The selling of the greenback continued...
Dollar Broadly Firm after Record PPI, But Lacks Momentum Against Yen
Dollar is trading broadly higher today, with help by upside breakout against Yen. The greenback on remains firm...

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