Sterling Mildly Higher, But Upside Capped by Conflicting Brexit Messages
The forex markets are relatively mixed today. Sterling is generally higher but it’s capped by conflicting messages regarding...
Aussie Tumbles Mildly on Trade Tension, Markets Mixed Elsewhere
Australian Dollar weakest broadly today after China intensified the trade tensions with banning Australia’s coal imports. Markets are...
Dollar Breaking Down as Stocks Surge on Vaccines, Sterling Jumps on Brexit Optimism
The global markets are quickly back in risk-on mode today. DOW future is back above 30k handle, as...
Sterling Gaps Up as Brexit Talks Go an Extra Mile, But Upside Capped
Sterling opens broadly higher as Brexit trade negotiation is extending through the Sunday deadline. The Pound is taking...
Sterling in Free Fall as No-Deal Brexit Could Become Reality… Soon
Sterling was in free fall last week after both UK and EU admitted that a no-deal Brexit is...
Sterling Accelerates Lower as No-Deal Brexit Looking Very, Very Likely
Sterling’s selloff accelerates further today after leaders from both EU and UK admitted that their negotiations positions are...
Australian Dollar Accelerates Up with Iron Ore Prices, Euro Capped after Post ECB Rally
Accelerating rally in iron ore prices pushes Australian broadly higher today, on the back of steadily firm risk...
Dollar Dives as Jobless Claims Surge, Euro Firm as ECB Delivers
Dollar falls broadly in early US session after much worse than expected jobless claims data, confirming the impact...
Sterling Softens on Brexit Impasse, Euro Awaits ECB
Sterling softened again after the Brussels meeting ended with nothing more than comments that UK and EU are...
Sterling Rebounds ahead of Johnson’s Brussels Trip, Euro and Swiss Soften
Sterling rebounds strongly today on hope that the physical meeting between the leaders of UK and EU would...
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