Markets Sold Off on Coronavirus Worries, Dollar Momentum to be Capped by Yen Strength
China’s new coronavirus overshadowed central bank activities last week and prompted global risk aversion. At the timing of...
Euro and Sterling Dip after PMIs, Dollar and Canadian Firmer
European majors are generally weaker today. Stronger than expected UK PMIs add to the case for BoE to...
EUR/GBP Weak ahead of Eurozone and UK PMIs
Euro continues to trade with a soft tone in Asian session, and there is no sign of recovery...
Euro Weakens after Uninspiring ECB, Risk Aversion Dominates With Coronavirus Fears
Euro is trading as one of the weakest major currencies, together with Canadian Dollar, for today. There is...
Aussie Recovers on Receding RBA Cut Bet, But Yen Stronger on Coronavirus Worries
Australian Dollar rises broadly today as markets pare back bet on RBA rate cut in February, following better...
Sterling Surges on Record Improvement in Business Optimism, Traders Pare BoE Cut Bets
Sterling jumps broadly today as traders pare back bet on an imminent rate cut by BoE next week....
Canadian Dollar Mixed Awaiting BoC and CPI, Dollar Firmer
Yen and Swiss Franc turn mildly softer today as risk aversions receded. Asian stocks recover generally even though...
Sterling and Euro Rebound on Data, Risk Aversion Remains
Sterling and Euro rebound strongly today as lifted by solid economic data. But overall market sentiments remain weak...
Risk Aversion Dominates on Concerns of Coronavirus Outbreak in China
Risk aversion dominates the Asian markets today on concerns of coronavirus outbreak in China. Hong Kong HSI leads...
Dollar Rises Again after Brief Retreat, EUR/USD Pressing Key Support
Dollar, Canadian and Yen are so far the strongest ones in a relatively quiet day. The greenback is...
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