Dollar in Free Fall, EUR/USD and GBP/USD Pressing Key Fibonacci Levels
Dollar’s selloff accelerates entering into US session today and drags down the Japanese Yen too. Strong employment data...
New Zealand Dollar Surges on Strong GDP, Markets Mixed Elsewhere
New Zealand Dollar is the strongest one in the currency markets today, as boosted by fastest GDP growth...
UK PM May Rocks Sterling’s Boat, Swiss Franc Pressured on Risk Appetite and Yields
Sterling suffered a lot of volatility today. It surged on stronger than expected consumer inflation data, but then...
Yen Dives on Strong Rally in US Treasury Yields, Trade War Ignored
Trade war escalations continue to be ignored by the markets in general. Dollar and Yen are staying as...
Business Back to Usual after Trade War Escalation, Show Time for Euro or Aussie?
This time, the escalation of US-China trade war is largely ignored by the financial markets. There were just...
US-China Trade War Escalated with New Round of Tariffs Formalized, But Market Reactions Muted
The new round of tariffs on China’s imports to the US was finally formalized. Dollar got a brief...
Dollar and Yen Back Under Pressure as Tariffs Rumor Hasn’t Turned into Reality Yet
Dollar and Yen are back under selling pressure today. In particular, USD/CHF and GBP/JPY take the lead in...
Forex Markets Range Bound Despite Risk of US-China Trade War Escalation
The forex markets are trading steadily today, as another week starts as usual. Major pairs and crosses are...
Sterling Strongest as Brexit Deal Looks Relatively More Certain in a Chained Erratic World
It was another typical week with market moving headlines flying around. Being two highly anticipated non-events, BoE and...
Dollar Ignores Mixed Data and Recovers, Digesting This Week’s Losses
As the week is heading towards the close, Dollar is trying to pare back some of the losses...
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