Yen Crosses Accelerating Upward on Persistent Rally in Treasury Yields
Strong rally in treasury yields is currently the main theme driving the markets. On the back on hawkish...
Dollar Mildly Higher after Durable Goods Orders, Sterling Advancing in Crosses
Dollar trades mildly higher in early US session, lifted by stronger than expected durable goods orders data. But...
Canadian Dollar Rises Together With Oil, Euro Shrugs German Election
Canadian Dollar leads commodity currencies higher in Asian session, with help from extended rally in oil price. Overall...
Yen Dropped Broadly as Treasury Yields Jumped on Hawkish Fed
Yen’s fortune reversed last week as US treasury yields accelerate up after hawkish FOMC meeting and projections. US...
Yen Dives as Market Sentiment Turned Bullish, USD/JPY Pressing 110.44 Resistance
Market sentiment took a big turn overnight with strong rally in US indexes. Nikkei follows in Asia and...
Sterling Rebounds on Hawkish BoE Surprise, Risk Sentiments Improved
Sterling rebounds strongly after two BoE MPC member voted for tapering. Also, recent developments strengthened the case of...
Markets Responded Positively to FOMC, Sterling Stays Soft ahead of BoE
Dollar initially dipped after FOMC overnight, but quickly found its footing. Overall market reaction was positive, but insufficient...
Sterling Staying in Selloff Mode, Quiet Markets Await Fed
Trading in the forex markets is rather subdued today, as FOMC policy decision, dot plot and economic projections...
Markets Turned Cautious ahead of FOMC, Hawkish Surprise Possible
Markets have turned quiet today as focus is shifted to FOMC policy decisions. While a tapering announcement is...
Swiss Franc Jumps While Risk Aversion Eased
Risk aversion seems to have eased a bit today, with recoveries seen in European markets and US futures....
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