More Risk Aversion Likely after First October Surprise
Investors could have been anticipating an October surprise. But none could have expected it to come that early,...
Mixed NFP Data Overshadowed by Trump’s Coronavirus Infection, Yen Staying Strong
Global markets are clearly staying in risk-off mode before weekly close. Mixed US job data was largely ignored....
Risk-Off on First October Surprise, Trump Tested Positive for COVID
Markets suddenly turned into a risk-off mode on the first October surprise. US President Donald Trump and wife...
Dollar Decline Paused after Better than Expected Data
Dollar attempted to edge lower earlier today but the bears are still not too committed. Selling has indeed...
Dollar and Yen Pressured after Unconvincing Stock Rally
Dollar and Yen are generally weak in Asian, after being pressure overnight with a return to risk-on markets....
Markets in Range, Trapped by Low Month-End Volatility
The forex markets are generally staying in tight range today, without much reaction to better than expected job...
Sleepy Markets Yawn US Debate, Focus Back to Economic Data
Dollar and Yen recover some ground in Asian session but it’s unsure if this week’s pull back is...
Dollar Drops Further ahead of Trump-Biden Debate
Dollar drops broadly today, partly due to month-end flows, and partly as position adjustment ahead of the first...
Dollar Soft as Focus Turns to Fed Speakers, But Yen Even Weaker
Asian markets trade with a mixed tone today despite strong rebound in the US overnight. Positive sentiments couldn’t...
Sterling Jumps on BoE Comments, Dollar Softens as Stocks Rebound
Sterling rises broadly today after BoE Deputy Governor indicated that negative interest rate is not imminent. Rebound in...
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