Euro Rises on Strong Wage Growth, Dollar Softens on Weak Data
Euro strengthens broadly in mixed forex markets today. Record wage growth in Q1 is a factor under-pinning the...
Dollar Firm as Markets Skeptical on Fed Insurance Rate Cut Path
Dollar remains generally firm in quiet Asian markets today. The greenback continues to be supported by expectation that...
Dollar Rebounded Strongly as Focus Turns to FOMC Meeting
Dollar ended as the strongest one last week as economic data from the US affirmed that Fed is...
Dollar Rises Broadly on Retail Sales and Industrial Production
Dollar jumps broadly in early US session after solid gain in retail sales in May, with upward revision...
Geopolitical Tensions and Poor China Down Weigh on Sentiments, Gold Shines and Yen Jumps
The financial markets are generally weighed down by risk aversion. Geopolitical tensions heightened after US blamed Iran for...
Swiss Franc Lifted by Attacks on Oil Tankers, Shrugs SNB
Attacks on two oil tankers in the Gulf of Oman is the biggest news in early US session....
Australian Dollar Dives as Job Data Gives Nod to More RBA Rate Cuts
Australian Dollar tumbles broadly today as weak employment data solidifies the case for more RBA rate cut ahead....
Dollar Survives Slight US CPI Miss, But No Turnaround Yet
The forex markets are rather mixed today. Dollar suffered very brief selling after CPI miss. But the greenback...
Aussie Lower on Deteriorating Consumer Sentiment, Risk Appetite Recedes Mildly
ommodity currencies trade broadly lower today as risk appetite lost momentum. Major US indices reversed earlier gains to...
Sterling Recovers on Wage Growth, Euro Shrugs Poor Investor Confidence
Sterling recovers broadly today as lifted by stronger than expected wage growth. A key BoE official also noted...
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