USDJPY Surges as 10 Year Yield Breaks 3.1, Sterling Pares Gains after May Dismissed Customs Union Stay
Dollar is extending its rally against Yen today, hitting as high as 110.79 so far. Persistent strength in...
Sterling Rebounds as UK May Stay in Customs Union after Brexit, Beyond 2021
US treasury yields rally continues with 10 year yield hitting as high as 3.109 in Asian session. But...
Euro Cracked Down by Italian Populist Duo, Safe Haven Flow Caps Dollar Gains
Politics are the main drivers in the forex markets today. Euro tumbles broadly on concern of the populist...
Dollar Held by Near Term Resistance Despite Yield Inspired Rally
Dollar surged broadly as boosted by rally in US Treasury yield. 10 year yield hit as high as...
Dollar Shines as 10 Year Yield Hits Highest Since 2011
Dollar surges broadly today as boosted by strong rally in treasury yield. 10 year yield reaches as high...
Dollar Recovers as EURUSD Fails 1.2, UK Employment and German ZEW Watched
Dollar’s corrective pull back yesterday was rather brief and shallow. EUR/USD reached 1.1995 but failed to break through...
Euro Jumps as ECB Villeroy Indicates Rate Hikes Just Some Quarters Away from End of QE
Euro rises broadly today as lifted by hawkish comments from an ECB official. Sterling closely follow as the...
Risk Appetite Returns as Trump Offers Concession ahead of US-China Trade Talks, Yen Weighed Down
Yen trades broadly lower today, expect versus New Zealand Dollar. Solid risk appetite is a factor pressuring the...
Traders Getting More Bearish on AUD and Less Bullish on GBP
We initiate coverage on speculators’ activities on major FX futures. According to CFTC’s Commitments of Traders, speculators were...
Dollar Turned into Consolidation Phase, Sterling Survived BoE but Vulnerable to Job Data
Canadian Dollar surged broadly last week following the rally in oil prices. Weaker than expected employment capped the...
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