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Aussie Rallies as Chinese Data Gives Sentiment Additional Boost

Investors seemed to have put last week’s selloff in stocks behind already. Asian markets, except Japan, trade generally higher following the rebound in the US overnight. Additional, upside surprises in data from China boost optimism that it’s back on track...

AdminSep 15, 2020

Market overviews

Sterling Recovers Mildly ahead of an Eventful Week, Dollar Treads Water

Trading in the forex markets remain generally subdued for now. While US stocks are set for a rebound, currency traders are not to bothered with that. Sterling is so far the stronger one for today, as traders take profits on...

AdminSep 14, 2020

Market overviews

NZD Mildly Higher on Lockdown Exit, Yen Awaits Breakout

New Zealand Dollar trades generally higher in otherwise quiet markets today. The news of lockdown exit is lift sentiments on Kiwi, even though upside is relatively limited. Other major forex pairs and crosses are bounded inside Friday’s range though. Trading...

AdminSep 14, 2020

Market overviews

No-Deal Brexit Could Push Sterling Back into Medium Term Down Trend

Sterling’s selloff was the most decisive move last week. UK-EU negotiations seemed heading to a dead-end as UK published the so-called internal market bill, which violates part of the Brexit Withdrawal Agreement. WTO style of trade relationship after Brexit looks...

AdminSep 12, 2020

Market overviews

Markets Steady ahead of Weekend, USD Shrugs CPI

The markets are generally rather steady today, awaiting weekly close. Major European indices are mixed in tight range. US futures point to mildly higher open, arguing that yesterday’s selloff might not extend for now. Commodity currencies are generally firmer today...

AdminSep 11, 2020

Market overviews

Euro Rebound Fades Quickly, Sterling Decline Continues

Sterling weakness remains the unified theme in the markets this week. The Pound remain under pressure in Asian session today while recovery attempt was brief and weak. As for the week, Canadian Dollar is currently the second weakest, in tandem...

AdminSep 11, 2020

Market overviews

Euro Surges as ECB Gives No Red Light to Appreciation

Euro jumps notably as ECB insist that it doesn’t target the exchange rate, despite recent appreciation, suggesting that they’re still comfortable with the current level. The common currency also takes Swiss Franc higher with it. On the other hand, Sterling...

AdminSep 10, 2020

Market overviews

Euro Awaits ECB for Next Move, Sterling Weakness Persists

Sterling remains the weakest one for the week, without a doubt in the otherwise mixed forex markets. Overall risk sentiments stabilized with the overnight rebound in US stocks. Dollar has pared back much of this week’s gains together with Yen....

AdminSep 10, 2020

Market overviews

Pound Selloff Continues, Risk Sentiments Stabilized

The Pound’s selloff continues today as the UK government’s so called internal market bill draws wide criticism, from EU to Scotland and Wales. Traders continue to off-load Sterling on no-deal Brexit risks. European markets, though, somewhat stabilized and recovered from...

AdminSep 9, 2020

Market overviews

Euro Vulnerable Against Dollar and Yen as Risk Aversion Intensifies

Yen remains generally firm as Asian session as deep risk aversion carries forward from US markets. Concerns over coronavirus vaccine development was a major factor weighing on sentiments. Dollar turns softer, digesting yesterday’s gains, but remains generally firm. Sterling continues...

AdminSep 9, 2020

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Liudmila

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Category: Market overviews

Aussie Rallies as Chinese Data Gives Sentiment Additional Boost

Sterling Recovers Mildly ahead of an Eventful Week, Dollar Treads Water

NZD Mildly Higher on Lockdown Exit, Yen Awaits Breakout

No-Deal Brexit Could Push Sterling Back into Medium Term Down Trend

Markets Steady ahead of Weekend, USD Shrugs CPI

Euro Rebound Fades Quickly, Sterling Decline Continues

Euro Surges as ECB Gives No Red Light to Appreciation

Euro Awaits ECB for Next Move, Sterling Weakness Persists

Pound Selloff Continues, Risk Sentiments Stabilized

Euro Vulnerable Against Dollar and Yen as Risk Aversion Intensifies

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