EUR/JPY Downside Breakout on Falling Yields and Risk Aversion
Yen and Swiss Franc are finally showing some strength today. There was no special escalation in US-China relationship as the former refrained from naming the latter as currency manipulator. But recovery attempts in stocks were rather short lived. Selloff in...
Yen Attempts to Rally on Falling German Yields, But No Follow Through Buying Yet
The forex markets are rather mixed today. Italy’s budget clash with EU is clearly a concern of investors. Markets are anticipating the tension between Rome and Brussels to intensify with a penalty on breach of EU fiscal rules. Italian 10-year...
Yen and Franc Mildly Lower in Consolidation, More Upside Still in Favor
The forex markets are generally steady in Asian session today. Risk sentiments firmed up mildly in Asia with gains seen in major indices. In particular, China’s Shanghai SSE is back above 2900 handle with around 0.9% gain. The moves are...
Dollar Rebounds after Trump Warns of Very Substantial Tariffs on China
After some initial weakness, Dollar surges broadly today after Trump admitted that he’s not ready to make a deal with China yet. That overturned his repeated comments that a deal could happen soon. Instead, Trump opts for more verbal threats...
Treasury Yield in Free Fall, But the Worst in the Markets are Yet to Come
Sterling was the weakest one last week as it suffered persistent selloff ahead of UK Prime Minister Theresa May’s announcement on resignation. The Pound has indeed stabilized since then after the speculation was realized. Without May, the Brexit path ahead...
Pound Softer after May’s Resignation, Loss Limited Though
News from the UK catch most headline today as, finally, Prime Minister Theresa May announced to resign. Pound’s reaction is generally softer but selloff is so far limited. Sterling has been under much selling pressure up to today’s announcement and...
Dollar Rally Faltered on Free Fall in Treasury Yields, Trade War Drags Sentiments
Dollar’s rally attempt faltered overnight as dragged down by steep decline in treasury yields. Dollar index did hit new high at 98.37 but closed sharply lower at 97.85. 10-year yield dropped -0.097 to close at 2.296, just inch above day...
Risk Off on Trade War Escalations and Eurozone Slowdown, EUR/USD to Break 1.1111 soon
Global markets are back is heavy risk-off mode today as US-China tensions keep on escalating. Words from both sides suggest that neither one is going to back down from the current stance and there is no chance of returning to...
Trade Concerns Drag Down Asian Markets Again, Yen and Franc Lifted
Swiss Franc and Yen firm up again in Asian session as markets are gradually convinced that a full-blown US-China trade war is underway. Tensions between the two countries have clearly worsened after trade negotiation collapsed weeks ago. And it’s clearly...
Canadian Dollar Jumps on Retail Sales, Sterling Lower on Brexit, FOMC Minutes Next
US stocks open slightly lower today while major European indices are trading in red. But it’s too early to say if risk aversion in back. US-China trade war is the biggest risks to the global economy and there is no...
Signal2forex.com - Best Forex robots and signals




