Sterling Lower as Crucial Brexit Votes Loom But There’s No Sign of Progress
Sterling opens the week lower and stays generally weak today. As the crucial Brexit votes loom there is...
Sentiments Turned Sour on Slowdown Worries, But No Panic Button Hit Yet
Looking through all the financial market news last week, the message was rather unified. That is, 2019 will...
Dollar Weakens after Dismal 20k NFP Growth, But Loss Limited by Improvements in Unemployment Rate and Wage Growth
Dollar trades broadly lower in early US session after poor job report which shows only 20k growth, weakest...
Yen Rally Accelerates as Shocking China Export Contraction Adds to ECB Misery
The impact of dovish ECB quickly spread to the whole world. Following weakness in the US and Europe,...
EUR/USD Dives after All-the-Way Dovish ECB, Heading Towards 1.1215 Low
Euro tumbles broadly after ECB delivered and all-the-way dovish meeting. There will be no rate hike until at...
Euro Soft ahead of Dovish ECB, Canadian Sings BoC Blues
Asian markets are mixed today despite selloff in US overnight. Investors are generally non-committal, probably waiting for more...
US Trade Deficit Ballooned to Decade High, Dollar Shrugs and Stays Firm
Yen and Dollar are trading as the strongest ones for today so far. Slightly lower than expected ADP...
Australian Dollar Tumbles on Bet of RBA Rate Cuts after Dismal GDP
Australian Dollar tumbles broadly today as traders add to bet of RBA rate cuts after poor Q4 GDP....
Sterling Suffers Fresh Selling on Irish Backstop Deadlock, Dollar Still Attempting to Rally
Sterling trades broadly lower today and suffers fresh selling in early US session. Some attributes the decline to...
Dollar Supported by Improving Yield Curve, Yet to Take Out Key Resistance
The financial markets are relatively quite in Asia today. Stocks turned mixed following the pull back in US...
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