Australian Dollar Pressured Despite Improvement in Risk Appetite
US stocks closed generally higher overnight even though the rally looks a bit stretched. Positive sentiments continue in...
Sterling Tumbles on GDP Contraction and Weak Manufacturing Outlook
Sterling trades broadly lower today after data showed unexpected GDP contraction in April. More importantly, the deterioration in...
Dollar Recovers on US-Mexico Deal, Aussie Weighed Down by China Imports
Dollar recovers broadly today while stocks markets rebound. Threat of US-Mexico trade war vanished after Trump announced to...
Dollar in Steep Decline… Before Trump Drops Mexico Tariffs
Dollar weakness was the main theme over the whole week. It started with worries over Trump’s tariff threats...
Dollar and Yield Tumble as Poor NFP Affirms Fed’s Rate Cut
Dollar tumbles sharply in early as poor non-farm payroll report affirms the case for Fed rate cut this...
Dollar Recovers ahead of Job Data, But More Downside Still in Favor
Dollar recovers mildly today, continuing to stabilize from this week’s selloff. The greenback is staying in range established...
Euro in Range after Rough Ride on ECB’s Not Dovish Enough Meeting
It’s a roller coaster ride for Euro. It initially dipped after ECB said there will be no rate...
Dollar Recovered From Overly Bearish Sentiments as Focus Turns to ECB
Dollar tried to stage a reversal overnight after initial selloff, but upside is so far limited and there...
Dollar Selloff Extends on Poor ADP Job, Yields Dive Again
Dollar suffers another round off selloff after terribly poor ADP job data, which showed only 27k growth in...
Dollar in Deep Selloff as Markets Price in 90% Chance of Fed Cut by September
Talks of Fed rate cut intensified overnight after comments from Fed Chair Jerome Powell. Markets are now even...
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