Risk Rally Inconclusive, Dollar Index and Gold Range Bound
Global stock markets somewhat strengthened last week as most countries continued with their coronavirus lockdown exit plan. Yet,...
Markets Shrug Record Labor Down Turn, Dollar Soft With Yen on Risk Sentiments
Economic data from the US shows the sharpest labor downturn in history due to coronavirus pandemic. Yet, the...
Dollar Softens on Negative Rate Talks, US-China Trade Deal Made Progress
Dollar turned weaker overnight as markets on talks that Fed could eventually go into negative interest rates. Safe...
Yen Dips on Higher Stocks and Oil, Dollar Shrugs Job Numbers
Risk sentiments seem to have firm up again today despite rather poor economic data. Major stock indices in...
Sterling Recovers after BoE, Yen Paring Gains
Sterling recovers mildly today after BoE left monetary policy unchanged as widely expected. Two members voted for an...
Dollar Firm Despite Historic ADP Job Loss, But Yen Stronger
Yen is staying as the strongest one today while the financial markets are generally mixed. Dollar is not...
Yen Surges Through Resistance Against Dollar and Euro
Yen is trading generally higher is Asian session and broke some near term resistance level. Risk sentiments are...
Euro Tumbles as German Court Judges ECB Bond Buying Partially Contravenes the Law
Euro tumbles broadly today, together with the Swiss Franc, after Germany’s constitutional court has ruled that ECB’s stimulus...
Aussie Follows Stocks Higher, Steady after RBA
Australian Dollar strengthen mildly today following recovery in the stock markets. It remains steady after RBA left monetary...
Euro Weighed Down by Sentiment Indicators, Markets in Mild Risk-Off
US-China tension continues to be a major theme today, driving global stocks and US futures down. Developments are...
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