Risk Rebound to be Short-Lived, Yen Crosses Stay Bearish
Yen strengthens broadly today again as the pull back lost momentum. After all the words and rhetorics, US-China...
Sentiments Stabilized after Trump Toned Down Trade Tension, Dollar Firmer
Sentiments stabilized a lot after US President Donald Trump toned down his rhetoric on trade war with China....
Yen Jumps on Trade War Escalation, Yuan Tumbles
Yen surges broadly as Asian markets tumble sharply on US-China trade war escalation. Gold also resumed recent up...
Sentiments Sank as Abrupt US-China Trade War Escalation Raises Risk of Cold War
Last week started with anticipation of Fed Chair Jerome Powell’s Jackson Hole speech, but ended with shocked escalation...
Dollar Softer as Fed Powell Points to New Events, But No Downside Breakout
Dollar weakens mildly after the rather uninspiring speech of Fed Chair Jerome Powell. The highly anticipated is slightly...
Dollar Firms Up as Markets Await Fed Chair Powell’s Jackson Hole Speech
Sterling pares back some gains in Asian session today, but remains the strongest one for the week. It’s...
Sterling Jumps on German Merkel’s Comments on Irish Backstop
Sterling rebounds strongly after German Chancellor Angela Merkel expressed her optimism that Irish border backstop solution could be...
Dollar Supported by FOMC Minutes, Aussie Tumbles on Poor PMIs
Yen and Swiss Franc attempt for rally again today as risk sentiments turned cautious. Dollar is also mildly...
Canadian Dollar Jumps on CPI, Risk Appetite Lifted by Fed Expectations
Canadian Dollar jumps broadly in early US session after stronger than expected consumer inflation data. Australian Dollar follows...
Markets in Consolidation, But Risk Aversion Ready to Come Back Soon
Directions in the forex markets are not very clear for now as consolidations continued. There were lots of...
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