Sterling Rebounds on Brexit Rethinks and Technical Support
Sterling stages a broad based rebound today despite poor PMI services data. The Pound is partly helped by...
Dollar Regains Ground as Investors Rush from Stocks to Bonds, Aussie Additionally Pressured by GDP Miss
The US stock markets closed sharply lower overnight while treasury yields also dived. Such patterns continue in Asia,...
Dollar Broadly Lower as 10 Year Yield Breaks Below 3%
Dollar is under broad based selling pressure on falling treasury yields, globally. In particular, 10 year yield drops...
Yen Surges as Nikkei Tumbles and JGB Yield Falls
Yen jumps broadly today as Asian stocks weaken, moving past the positive catalyst of US-China trade truce quickly....
Sentiments Supported by Trade Truce, But Sterling Down on Renewed Brexit Worries
The global financial markets are blessed by strong risk appetite today, as US and China agreed on 90...
US-China Trade War Ceasefire, Stocks and Aussie Surge, Dollar and Yen Weaken
US and China agreed not to escalate trade war after meeting between Trump and Xi. A cease-fire agreement...
A Look at Market Pricing on Fed Rate Path after Powell’s U-Turn
Fed Chair Jerome Powell’s speech last week was sort of a turning point. Stocks staged a strong rally...
Euro Lower after Inflation Data, Dollar Pare Losses ahead of Trump-Xi Meeting
The forex markets are generally staying in familiar range as traders turn cautious ahead of G20 summit and,...
Dollar Recovers after FOMC Minutes, But Overall Markets in Consolidative Mode
Dollar is trying to recover again today, with rather weak momentum so far. FOMC minutes released overnight didn’t...
Dollar Rebound Attempt Capped by Weaker Core Inflation, Yen Gains ahead of G20
After yesterday selloff triggered by Fed Chair Jerome Powell, Dollar turns mixed today. It did try to regain...
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