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Canadian Dollar Turns Weaker ahead of BoC, Dollar Extending Rebound

Dollar’s recovered continued in Asian session today, partly supported by hawkish comments from a Fed official. Mixed sentiments in the stock markets also stabilized the greenback. Instead, commodity currencies continued to reverse some gains. Main focus today will turn to...

AdminSep 8, 2021

Market overviews

Sterling Down as Risk Sentiment Turns Weaker, Dollar Trying to Rebound

Risk sentiment turns a bit weaker today in the stock markets. But benchmark European and US yields are staging a strong rally. In the currency markets, Aussie is sold off is in delayed reaction to RBA’s dovish tapering, but Canadian...

AdminSep 7, 2021

Market overviews

Aussie Shrugs RBA, Dollar Recovery Losing Steam

Trading the the forex markets remain rather subdued in Asian session. Aussie basically shrugs off RBA’s decision to taper, but extend QE. Dollar is trading slightly softer, as yesterday’s recovery lost momentum. European majors are currently the slightly firmer ones....

AdminSep 7, 2021

Market overviews

Dollar Paring Some Losses, Aussie Retreats Ahead of RBA

Trading in the currency market is rather subdued today and markets will stay quiet with US and Canada on holiday. Dollar is paring some of last week’s large losses but upside momentum is weak. On the other hand, Australia Dollar...

AdminSep 6, 2021

Market overviews

Currencies Shrug Strong Rise in Nikkei, Focus Turn to RBA, BoC and ECB

Dollar recovers mildly in quiet Asian session today, but there is no sign of a sustainable rebound yet. Most major pairs and crosses are staying inside Friday’s wide range. Strong rally is seen in Japanese Nikkei today, but there is...

AdminSep 6, 2021

Market overviews

Dollar Weakness to Stay after Substantial Setback in Job Recovery

Dollar was under pressure most of the week and selling accelerated again after the big disappointment in employment data. The non-farm payroll report could show that job market recovery had made a “substantial setback” rather than “substantial further progress”. A...

AdminSep 4, 2021

Market overviews

Dollar Spikes Down after Huge NFP Miss, Gold Upside Breakout

Dollar spikes lower in early US session after huge NFP miss. But the selloff is only firm against commodity currencies at the time of writing. In particular, the greenback is trying to recovery against European majors, as well as Sterling....

AdminSep 3, 2021

Market overviews

Dollar, Yen and Swiss Franc Continue to Decline as Focus Turns to NFP

Overall developments in the markets are unchanged for the week. US stocks continued with recent up trend overnight. Dollar, Yen and Swiss Franc extended near term decline. New Zealand and Australian Dollars are the strongest one, followed by Euro and...

AdminSep 3, 2021

Market overviews

Risk Sentiment Firms Up after Jobless Claims, Dollar Staying Weak

Risk-on sentiment firms up slightly after better than expected jobless claims from the US. Dollar, Yen and Swiss Franc continue to trade as the weakest ones. On the other hand, New Zealand and Australian Dollars are the strongest. But the...

AdminSep 2, 2021

Market overviews

Yen Crosses Trading Up But Markets Stay Generally Cautious

While NASDAQ surged to new record high overnight, overall closes were mixed with DOW slightly down. Asia markets also lack a clear direction. Investors appear to remain cautious ahead of US non-farm payroll report tomorrow. So far, New Zealand and...

AdminSep 2, 2021

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Liudmila

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Category: Market overviews

Canadian Dollar Turns Weaker ahead of BoC, Dollar Extending Rebound

Sterling Down as Risk Sentiment Turns Weaker, Dollar Trying to Rebound

Aussie Shrugs RBA, Dollar Recovery Losing Steam

Dollar Paring Some Losses, Aussie Retreats Ahead of RBA

Currencies Shrug Strong Rise in Nikkei, Focus Turn to RBA, BoC and ECB

Dollar Weakness to Stay after Substantial Setback in Job Recovery

Dollar Spikes Down after Huge NFP Miss, Gold Upside Breakout

Dollar, Yen and Swiss Franc Continue to Decline as Focus Turns to NFP

Risk Sentiment Firms Up after Jobless Claims, Dollar Staying Weak

Yen Crosses Trading Up But Markets Stay Generally Cautious

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