Sterling Jumps on Strong Wage Growth, But Upside Capped by Brexit Uncertainty
Sterling trades broadly higher today as boosted by stronger than expected wage growth data. While the gains are...
New Zealand Dollar Jumps on CPI, Dollar Recovers after Brief Selloff
New Zealand Dollar rises sharply and broadly today as boosted by consumer inflation data. Other than that the...
Dollar Weakens on Retail Sales Miss and Saudi Arabia Tensions, Sterling Rebounds
Dollar is trading as the weakest one for today after it’s rally attempt failed. Additional pressure i seen...
Sterling Sharply Lower on Irish Border Deadlock, Risk Aversion is Back in Asia Too
Sterling is trading the the biggest loser today as it gapped down on negative Brexit news. It’s getting...
Conditions Still in Place for Further Dollar Rally Despite Trump’s Crazy Fed Attack
Global stock market crashed last week as the US finally joined the others. It should be reminded that...
Rebound in Global Stocks Lifts Dollar, Treasury Mnuchin also Helps
Global equities rebound and are paring back some of this week’s steep losses ahead of weekly close. Dollar...
Asian Markets Rebound Despite Another US Selloff, IMF Downgrade
While the US markets tumbled for another day overnight, Asian markets showed their own resilience and turned positive...
Dollar Softens Again as Investors Cheer US CPI Miss
After suffering yesterday’s deeper selloff, there’s hope for some stabilization and recovery in US stocks. Investors are cheering...
Dollar Weak as Trump Attacks Fed after Stock Market Crash
Asian markets are in crisis mode as dragged down by the stock market crash in the US over...
Sterling Resilient Despite UK GDP Miss, Euro Firm as German-Italian Spread Back Below 300
Sterling continues show a lot of resilience today. In despite of weaker than expected August GDP report, as...
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