Euro Survives Downbeat ECB and Weak PMIs, Safe for Now
Euro has been under broad based pressure today after PMIs suggest more weakness in the economy ahead. The...
Euro’s Recovery Might be Cut Short by Weak PMIs and Cautious ECB
European majors are trading generally higher today as Eurozone will take the center of stage. There are worries...
Sterling Shines as Campaign to Block No-Deal Brexit Gains Momentum
Sterling is the star performer today as campaign to block no-deal Brexit in the UK gathers momentum. Some...
Yen Lower after BoJ Downgrades Inflation Forecasts, Sterling Pressing Near Term Resistance
Risk sentiments stabilized in Asia today despite the selloff in US overnight. But so far, momentum for rebound...
Yen Strengthens With Markets in Mild Risk Aversion, Australian Dollar Tumbles
Mild risk aversion is the main theme in the financial markets today. Selloff started in Asia, in particular...
Sterling Soft on Brexit Stalemate, Yen and Dollar Higher
Sterling is trading lower in Asian session today as UK Prime Minister Theresa May’s uninspiring statement did nothing...
Dollar Attempting to Rise in Mixed Holiday Markets, Near Term Resistance Still Holds
The forex markets are rather mixed and quiet today. Trading has also become a bit subdued as US...
Chinese Data Show Stabilization Sign, UK May’s Brexit Plan B Awaited
The financial markets are rather quiet today. Asian stocks trade higher despite data showing China’s growth in 2018...
Trade Optimism Lifted Stocks, Yields and Dollar
Brexit and US-China trade negotiation were the two major themes last week. After a week of drama, it’s...
Canadian Dollar Jumps on CPI and Oil, Sterling Pares Gain after Weak Retail Sales
Canadian Dollar strengthens mildly in early US session and is trading as the strongest one for today so...
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