BoE Triggers Little Reactions, Forex Markets Staying in Slow Motions
The forex markets are in slow motion today. Major pairs and crosses are bounded inside yesterday’s range, with...
Dollar Rebounds after Fed Powell Talked Down Rate Cut, Focus Turns to BoE
The forex markets are generally quiet in Asian session today. Major pairs and crosses are bounded inside yesterday’s...
Dollar Ignores Strong ADP, Drops on Weak ISM, Looks to Fed for Rescue
Economic data released from the US are mixed today. ADP report shows much stronger than expected growth in...
Dollar Generally Lower as Markets Await Fed Powell’s Comments on Inflation and Interest Rates
Dollar trades broadly lower in thin holiday market as trades await FOMC rate decision. There is no expectation...
Euro Surges as Data Paint Improved Growth and Inflation Outlook
Euro surges broadly today as boosted a series of better than expected economic data. GDP beat market expectations...
China PMI Misses Raise Doubt on Recovery, Australian Dollar Turns Soft
S&P 500 and NASDAQ made record highs overnight but sentiments turned around in Asia. Weaker than expected China...
Dollar Mildly Higher after Strong Personal Spending, Upside Capped by Cooling Core Inflation
Dollar strengthens mildly in early US session as supported by strong personal spending growth in March. Though, upside...
Markets Steady Ahead of Busy Week With Trade Talks, Fed, BoE, and Heavy Weight Data
The forex markets are rather quiet in Asia, as Japan starts an ultra-long 10-day holiday ahead of Imperial...
Worsening Inflation, Dovish Central Banks and Falling Treasury Yields
Yen and Dollar were the biggest winners last week on worsening inflation outlook, dovish central banks and falling...
Strong US GDP With Weak Details Send Dollar Lower, 10-Yr Yield Breaks 2.5
Dollar spikes higher in early US session as Q1 GDP grew much more than market expectations. However, the...
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