Sterling Tumbles after Poor PMIs, Loonie Higher after Retail Sales
Sterling drops broadly today as poor PMIs suggest quarterly GDP contraction. Following the Pound, Swiss Franc is the...
Forex Markets Await Eurozone PMIs and Canada Retail Sales for Guidance
Sentiments remain generally cautious in Asian session today. Major indices are mixed following slight weakness in US stocks...
Sterling Regains Strength, Markets Unsure on US-China Trade Deal
The forex markets are rather mixed today even though stocks are generally in risk averse mode. Sterling regains...
Sentiments Weighed Down by US-China Uncertainties, Yen Higher
Commodity currencies are back under pressure as Asian markets tumble on uncertainties over US-China relations. It’s unsure whether...
Dollar and Yen Rise on Concerns Over US-China Relations
Dollar and Yen are the two strongest ones today so far as investors are turning cautious regarding US-China...
Sentiments Hurt as US-China Political Tensions Intensify Over Hong Kong
Yen and Swiss Franc are back in driving seats, together with Dollar. US stocks hit new record highs...
Sentiments Lifted as China Will Step Up Credit Support, Dollar Mixed after Housing Data
Sentiments in the markets were lifted by news that China is going to step up credit support to...
Aussie Weak after Dovish RBA Minutes, Dollar Mixed on Trade
Australian Dollar weakens broadly today following more dovish than expected RBA minutes. New Zealand Dollar is currently the...
Yen Rebounds on Talks of China’s Pessimism on Trade Deal
Yen rebounds strongly in early US session on talks that China is pessimistic on US trade deal. But...
Sterling Surges, Poised to Upside Breakout as UK Election Campaign Steps Up
Risk appetite extended from last week’s strong US close into Asian session. Markets cheer the “constructive” US-China trade...
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