Sterling Surges as UK and EU Agreed on Future Relationship, Now Awaits Reactions from May’s Cabinet
In an originally quiet holiday trading day, Sterling surges broadly as UK and EU agreed on the declaration...
Focus Turns to ECB Accounts But Markets Are Already in Holiday Mood
Trading is rather subdued in Asian session today as the markets are already in holiday mood. For now,...
Yen Weakens as Stocks Rebound, But Dollar Fails to Capture after Weak Data
Overall, market sentiments stabilized today as started in Asian session. With the help of rebound in Asian and...
Risk Sentiments Stabilized in Asia, Brexit and Italy Budget Back in Spotlight
While Asian markets initially opened lower following the US, major indices turned positive after lunch. The development lifted...
Risk Aversion Intensifying, Yen and Swiss Franc Rally
Risk aversion dominates the global markets today and is intensifying. Major European indices are trading broadly lower with...
RBA Minutes Upbeat, But Australian Dollar Weakens on Risk Aversion
Australian Dollar is under broad based selling pressure today. RBA minutes reiterated the non-urgency for any rate move....
Swiss Franc Surges While Commodity Currencies Weaken
Swiss Franc is clearly the strongest one for today but the underlying reason is not apparent. There is...
Sterling Stabilizes as PM May Survived the Weekend, Dollar Recovers But Stays Soft
The forex markets are generally trading in tight range as the week starts. Yen, Dollar and Sterling are...
Brexit, Italy and Trade War as Focuses in Holiday Shortened Week
Sterling was overwhelming the weakest one last week on Brexit political drama in the UK. It’s now even...
Yen Gathers Stream For Rebound ahead of Close, Sterling Pares Losses
Yen and Sterling are the two strongest ones today, but what they’re doing are very different. Yen is...
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