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Canadian Powers Up on Job Data, Dollar Tumbles on Risk-on Markets

Canadian Dollar strengthens against most major currencies in early US session as boosted by stronger than expected job data. That comes in the back ground of this week’s strong rally in oil price too. On the other hand, Dollar is...

AdminOct 9, 2020

Market overviews

Canadian Dollar Surges With Oil Price, Job Data Eyed

Canadian Dollar surged broadly overnight, following the strong rally in oil prices, partly due to strike in Norway which affect as much as one million barrels a day of crud oil production. The Loonie is also the strongest one for...

AdminOct 9, 2020

Market overviews

Euro Heads Lower in Indecisive Markets, Aussie Firmer

Commodity currencies are the main drivers in the markets today, as Australian Dollar leads others higher. European majors, on the other hand turn weaker as led by Euro. Dollar and Yen are mixed for the moments, awaiting the next move...

AdminOct 8, 2020

Market overviews

Yen Stays Pressured on Surging Stocks and Yields, Dollar Keeps On Defending

Yen continues to feel much selling pressure, partly thanks to strength in treasury yields, and partly due to the strong rebound in US stocks overnight. Asian markets turned mixed, however, with Hong Kong and Singapore in slight red. New Zealand...

AdminOct 8, 2020

Market overviews

Yen Plummets Again on Surging Yields, Dollar Awaits FOMC Minutes

Yen had a U-turn today and breaks near term support level against Dollar. Resilience in treasury yield is seen as a factor for Yen’s weakness. After a brief set back yesterday, US 10-year yield looks set to extend recent rally...

AdminOct 7, 2020

Market overviews

Dollar Rebounds, Stocks Reversed as Trump Pulled Out of Stimulus Talks Abruptly

Dollar and Yen staged strong rebounds overnight, as stocks tumbled after US President Donald Trump halted stimulus talks abruptly. Though, markets somewhat stabilized in Asian session. Swiss Franc and Euro remain the strongest ones for the week for far but...

AdminOct 7, 2020

Market overviews

Sterling and Aussie Turn Weaker, Dollar and Euro Mixed

Sterling is currently the worst performing one today so far, on the never-ending concerns of coronavirus infections and no-deal Brexit risk. Australian Dollar is closely following as second weakest after RBA indicated more easing ahead to support employment. On the...

AdminOct 6, 2020

Market overviews

Aussie Steady after RBA, Dollar Weak Despite Surging Yields

The forex markets are relatively steady in Asian session today, despite strong moves in stocks and treasury yields overnight. Australian Dollar is treading water after RBA left monetary policies unchanged. It’s clear that the central is paving the way for...

AdminOct 6, 2020

Market overviews

Euro Firmer on Data, Aussie Cautious ahead of RBA

Dollar and Yen remain generally weak today with main focuses on coronavirus infections news. It’s still unsure if US President Donald Trump could be discharged form hospital today, but news regarding his coronavirus is so far positive. European Commission President...

AdminOct 5, 2020

Market overviews

Asia Cheers Trump’s Health Improvement, Dollar Down

Yen and Dollar weaken in general as Asia markets recover on positive news on the situation of US President Donald Trump’s coronavirus infection. Australian and Canadian Dollars are firm, but there slightly overshadowed by the Swiss Franc. But after all,...

AdminOct 5, 2020

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Liudmila

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Category: Market overviews

Canadian Powers Up on Job Data, Dollar Tumbles on Risk-on Markets

Canadian Dollar Surges With Oil Price, Job Data Eyed

Euro Heads Lower in Indecisive Markets, Aussie Firmer

Yen Stays Pressured on Surging Stocks and Yields, Dollar Keeps On Defending

Yen Plummets Again on Surging Yields, Dollar Awaits FOMC Minutes

Dollar Rebounds, Stocks Reversed as Trump Pulled Out of Stimulus Talks Abruptly

Sterling and Aussie Turn Weaker, Dollar and Euro Mixed

Aussie Steady after RBA, Dollar Weak Despite Surging Yields

Euro Firmer on Data, Aussie Cautious ahead of RBA

Asia Cheers Trump’s Health Improvement, Dollar Down

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