Yen Broadly Lower as European Stocks Surge on Italy, Dollar Mixed after PCE
Improved risk sentiment is the main theme of today. Italian stocks lead other Europeans higher as investors responded...
Muted Reaction to S&P Rating Review on Italy, UK Hammond’s Budget Speech Awaited
Commodity currencies are trading mildly higher today as Asian markets turned mixed. Australian Dollar is the stronger one,...
Investors Starting to Change Their Mind on Fed Hike Path after Global Stock Market Rout
Global stock market rout intensified last week with major indices ended in deep red. Over the week, Nikkei...
Dollar Firm as Q3 GDP Beat Expectations, Yen Even Stronger as Risk Aversion Intensifies Again
Yen and Dollar are trading as the strongest ones today as risk aversion intensifies again in European session....
Australian Dollar Extends Down Trend, Yen Strong as Asian Stocks Ignore US Rebound
US equities staged a strong rebound overnight with DOW ended up more than 400 pts. But positive sentiment...
Euro Recovers Briefly on Confident ECB Draghi, But Strength Fades Quickly
Euro enjoys a brief recovery after ECB stands pat on monetary. ECB President Mario Draghi expressed his confidence...
Yen Rally Continues as Nikkei Suffers Worst Selloff in Asia, Euro Decline Halts ahead of ECB
Risk aversion is back as the main theme in the global financial markets. The crash in the US...
Euro Tumbles as PMI Readings Suggest ECB Easing Bias, Dollar Firm With Canadian and Australian
The theme of the markets have switched from risk aversion to selloff in European majors today. In particular,...
Yen Lower as Risk Aversion Recedes, Canadian Dollar Awaits BoC Hike
Despite initial steep selloff, US equities staged a strong rebound before close and closed just slightly lower. The...
Yen Surges as Global Stock Rout Extends, Sterling Lifted by Brexit Rumor
Risk aversion is the main theme in the financial markets today and all major global stock indices are...
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