Euro Dives as German Data Prompts Recession Fear, 10-Year Bund Yield Turned Negative
Fears of global recession intensify after shockingly poor German manufacturing data. Major European indices are all trading in...
Sterling Paring Losses as Brexit Cliff Edge Delayed for Two Weeks
After some roller coaster rides, Sterling is trading broadly higher for today after EU approved a short Brexit...
Dollar Recovering Post FOMC Loss, BoE and SNB Shrugged
Dollar is trying to recover some of the steep losses triggered by much more dovish than expected FOMC...
Dovish Fed, Recession Risks, Prolonged Trade War, Brexit Fatigue
Dollar tumbled sharply overnight as FOMC economic projected turned out to be much more dovish than expected. Selling...
Sterling Dives as Markets Disapprove May’s Short Brexit Extension, Dollar Mixed ahead of FOMC
Sterling suffers another round of selloff today as the markets clearly disapprove of UK Prime Minister Theresa May’s...
Dollar Higher But Gain Limited by Risks of FOMC Dovishness
Dollar trade generally higher today as markets await FOMC rate decision. But gain is very limited as traders...
German ZEW Lifts Stocks & Yield But Not Euro, Sterling Still Range Bound
The forex markets are having no clear direction for the moment. In particular, positive data from Europe were...
Sterling Confused by Brexit Chaos, Australian Dollar Lower on House Price
The financial markets are generally quiet in Asian session today, with stock indices stuck in tight range. Sterling...
Sterling Softens as Traders Await Brexit Clarity, Aussie Lost Momentum after Initial Rally
Sterling is trading as the weakest one for today so far after suffering some selling in European session....
Australian Dollar Surges as Asian Stocks Rally. Fed, SNB and BoE to Meet This Week
Strong rally in Chinese stocks is lifting Asian markets broadly higher today. Chinese president Xi Jinping is set...
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