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Aussie Recovers as Markets Pare Back Expectations on Imminent RBA Cut

The markets are relatively quiet in Asian session with an empty economic calendar. Aussie recovers mildly as markets are paring back expectations of imminent RBA rate cut in October. Even Westpac pushed back the forecast to November as the theme...

AdminSep 28, 2020

Market overviews

More Evidence Still Needed for Dollar’s Strength and Aussie’s Weakness

Dollar and Yen ended as the strongest ones last week as global stock markets tumble. There were concerns over resurgence in coronavirus infections in Europe, with worries over a return to lockdown. Though, the US markets ended not too badly...

AdminSep 26, 2020

Market overviews

Dollar Firms Up Again ahead of Weekly Close

Dollar firms up again entering into US session, but it’s so far held below yesterday’s high against all but Swiss Franc. There is little reaction to weaker than expected growth in durable goods orders. New Zealand Dollar is surprisingly the...

AdminSep 25, 2020

Market overviews

Dollar Retreats as Risk Aversion Recedes, Focus Turns to Yen

Dollar and Yen retreat mildly today risk aversion recedes slightly. But as Asian markets struggle to find momentum for a rebound, risk aversion could come back any time before weekly close. As for the week, the greenback remains the strongest...

AdminSep 25, 2020

Market overviews

Dollar Rally Continues, Sterling Resilient, Franc Shrugs SNB

Dollar remains the strongest one for the week, followed by Yen, as risk aversion continue to dominate. The recovery attempts in European stocks appeared to have faded very quickly while DOW futures point another day of lower open. Sterling is...

AdminSep 24, 2020

Market overviews

Dollar Powers Up as Risk Aversion Intensifies on Coronavirus Resurgence

Risk aversion continues to dominate the markets, on concern of another wave of coronavirus infects, as the Northern Hemisphere is entering in fall and winter. US stocks closed notably lower after brief initial rebound. Asian markets follow with heavy selling,...

AdminSep 24, 2020

Market overviews

Dollar Stays Strong But Yen Retreats With Rebound in Stock Markets

Dollar remains the strongest one for today but Swiss Franc and Sterling have overtaken as the next strongest. Sterling is some what helped by solid PMIs but Euro shrugged off the disappointing PMI readings. European stock markets are having a...

AdminSep 23, 2020

Market overviews

Aussie and Kiwi Down on Easing Expectations, Dollar and Yen Firm

Commodity currencies tumble generally in Asian session today. New Zealand Dollar softens as RBNZ further affirm that it’s in progress for more monetary easing, including negative interest rates. Aussie also tumble on increasing expectation of on imminent RBA rate cut...

AdminSep 23, 2020

Market overviews

Dollar Awaits Fuel for Committed Rally, Stocks Consolidate Losses

The overall markets are relatively steady today. Dollar attempted for a brief rally in early European session. But it quickly retreated together with mild recovery in stocks. Though, there seems to be no committed buying in the equities market yet,...

AdminSep 22, 2020

Market overviews

Markets Stabilized after Selloff, Dollar Rally Still Unconvincing

Asian markets are trading mildly lower today, following the weakness in US overnight. While DOW dropped more than -900 pts during the session, it managed to pare back half of the losses to close down -509.72 pts only. Following that,...

AdminSep 22, 2020

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Liudmila

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Category: Market overviews

Aussie Recovers as Markets Pare Back Expectations on Imminent RBA Cut

More Evidence Still Needed for Dollar’s Strength and Aussie’s Weakness

Dollar Firms Up Again ahead of Weekly Close

Dollar Retreats as Risk Aversion Recedes, Focus Turns to Yen

Dollar Rally Continues, Sterling Resilient, Franc Shrugs SNB

Dollar Powers Up as Risk Aversion Intensifies on Coronavirus Resurgence

Dollar Stays Strong But Yen Retreats With Rebound in Stock Markets

Aussie and Kiwi Down on Easing Expectations, Dollar and Yen Firm

Dollar Awaits Fuel for Committed Rally, Stocks Consolidate Losses

Markets Stabilized after Selloff, Dollar Rally Still Unconvincing

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