Sentiments Saved as Fed Powell Turned Cautious, China Stepped Up Supporting Measures
There were big roller coaster rides in the financial markets last week. Apple’s sales outlook downgrade heightened the...
Strong Non-Farm Payrolls Lift Sentiments, Dollar Rises With Hesitation
Global stock markets are staging a strong rebound today as China announced to cut bank reserve requirement to...
Asian Markets Stabilized as China Pledges Countercyclical Measures, Yen Continues to Pare Gains
Despite the deep selloff in US stocks overnight, Asian markets are rather calm. Sentiments are somewhat lifted as...
Dollar Weighed Down by Dovish Fed Comments, Canadian Lifted by Oil Rebound
Dollar received no support from better than expected ADP employment data. Instead, it’s weighed down by dovish comments...
Yen in Driving Seat after Currency Flash Crash, Australian Dollar Suffers
Yen is trading as the strongest one for today after what many described as “currency crash”. Key levels...
Yen Stays Strongest on Global Risk Aversion and Diving Yields
Yen remains the strongest one for today as the risk aversion dominates the global markets. Major European indices...
Yen Jumps as Asian Markets in Deep Selloff to Start the New Year
Yen surges broadly while Australian Dollar is pressured as Asian markets start the new year with deep selloff....
Swiss Franc Shows Power ahead of Weekend, Stocks Rebound in Progress
Just ahead of the weekend, Swiss Franc shows broad based power today as it surges across the board....
Asia Shrugs US Stock Rebound Again, Some Dollar Weakness Before Year End
Despite initial setback, US equities extended the post-Christmas historic rebound overnight. DOW ended up 1.14% to 23138.82. S&P...
Yen and Swiss Franc Higher as Sentiments Turn Sour Again
While the US markets staged an historic comeback yesterday, sentiments didn’t stay long. After Asian markets turned mixed,...
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