Sterling Lifted by Services PMI But Buyers Hesitate
Sterling is so far the strongest major currency today. Better than expected UK services PMI raised the chance...
Dollar Higher as US Yields Rebound, Aussie Pares Gain as Neutral RBA Stands Pat
Dollar trades broadly higher today as helped by the rebound in US treasury yields. 10 year yield closed...
Dollar Under Broad Based Pressure as Correction Extends, Aussie Hold Gains ahead of RBA
Australian Dollar remains the strongest one today as helped by strong risk appetite. At the time of writing,...
Australian Dollar Higher on Retail Sales, Trade Tensions Shrugged by the Markets
Australian dollar opens the week higher as lifted by stronger than expected retail sales today. That’s followed by...
A Look at Why Dollar Failed to Surge on Strong US Job Numbers
It was a roller coaster week with political turmoil in Italy dominated the first half of the week....
Dollar Jumps on All Round Better than Expected NFP
Dollar surges in early US session after non-farm payroll report beat market expectation on all front. The job...
US-World Trade War Formally Starts as EU, Canada and Mexico Ready Retaliation
Trade war is the dominate theme for the market at the moment after US starts to impose steel...
Trump Escalates Trade Tension by Imposing Steel Tariffs on Allies EU, Canada and Mexico
Euro has been strong most of the day as Italian political risk temporarily receded. Stronger than expected Eurozone...
Dollar Pressured as Focus Turns from Italy to US Steel Tariffs and Trade War
The forex markets are mixed today so far. Easing concerns over Italy political turmoil calmed markets temporarily. But...
Euro Recovers on Revived Hope of Italy Government Formation, Robust German Data
Euro recovers broadly today as markets digest the over-stretched decline. Negative sentiments over Italian political turmoil recedes mildly...
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