Markets Range Bound; US-China Trade Talk, Brexit and German-Italian Spread to Watch
The forex markets are rather quiet today with major pairs and crosses bounded in Friday’s range. It’s back...
Trade War Back as Main Theme as Turkish Crisis Eased, US and China to Meet
The forex markets turned into consolidative mode last week as Dollar and Yen lost momentum. Turkish currency crisis...
Canadian Dollar Surges on Strong Inflation, Yen Strong on Risk Aversion
Canadian Dollar makes a massive strike back as boosted by very strong inflation reading. The Loonie is now...
Dollar and Yen Staying in Shallow Consolidation Despite Massive Stock Rebound
The strong stock rallies in the US generally carry through to Asian session. At the time of writing,...
Yen and Dollar Not in Reversal Yet, Low Expectation on US-China Trade Talks
The forex markets are clearly in consolidation mode today. Yen and Dollar trades broadly lower as they digest...
Yen and Dollar Pare Gains as US-China Trade Talk to Resume
While the financial markets are staying in risk averse mode generally, two development helped stabilized sentiments mildly. Firstly,...
Dollar Surges on Strong Retail Sales, But Yen Even Stronger on Risk Aversion
Dollar jumps higher in early US session as supported by strong retail sales data. But the greenback is...
Dollar Power Higher as Renewed Selloff in China Yuan Weighs on Sentiments
Renewed selloff in the Chinese Yuan weighs down sentiments across Asia and boosts the greenback today. USD/CHN breaks...
No Rebound in Euro and Sterling after Mixed Data, Yen Retreat Continues
Some important economic data were released during the European session. But they provide little lift to Euro and...
Dollar Ready to Take Control from Yen While Sentiments Remains Vulnerable
The forex markets are rather steady today. Turkish turmoil seemed to have passed its climax for the near...
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