Fed Officials Shrugged by Markets, Focus Turns to BoE and US Data
The chorus of Fedspeaks overnight provided little inspirations to the markets. Some policy makers expected tapering in the...
Yen Selloff Continues With Dollar, Commodity Currencies Strong
The forex markets continue to stay in sort of risk-on mode today, with weakness in Dollar and Yen,...
Yen Extends Decline on Risk-On Markets, Completed Corrective Rebound
Yen dropped notably overnight and stays pressured in Asian session with markets back in risk-on mode. NASDAQ closed...
Dollar Awaits Fed Powell, Sterling Bulls Not Giving Up
Trading in the forex markets is rather subdued today, as in other financial markets. Dollar continues to consolidate...
Sterling Firms Up While Dollar and Yen Consolidate
The forex markets are generally staying in consolidative mode today. Dollar and Yen pulled back slightly overnight, together...
Dollar and Yen in Brief Retreat as Stocks and Yields Rebound
Dollar and Yen retreat as markets enter into US session. Stock markets are staging a mild rebound in...
Yen Surges on Falling Stocks and Yields, Dollar Takes a Breather
Yen rises broadly today as risk aversion is dominating the overall financial markets. In particular, US 10-year yield...
Dollar Solidified Strong Near Term Rally, But Not in Long Term Reversal Yet
Dollar ended last week sharply higher as boosted by the surprisingly hawkish FOMC projections. Yen followed as second...
Sterling Tumbles on Poor Retail Sales and Rise in Coronavirus Cases
Sterling is among the worst performing currency for today, together with commodity currencies. Poor retail sales data from...
Dollar Consolidating Gains, Yen Also Firm after BoJ
Dollar is consolidating some gains in Asia session today but remains overwhelmingly the strongest for the week. Yen...
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