Aussie Down on GDP Contraction, Dollar Recovers ahead of More Data
Australian Dollar tumbles broadly today and it’s trading as the weakest one so far. The decline partly follows...
Sterling Surges With Euro, Swiss Franc Tumbles, Dollar Mixed
Sterling overtakes Euro as the strongest currency for today, as cross buying against the latter resumes after brief...
Euro Upside Breakout, Aussie Shrugs RBA
Euro trades broadly higher in Asian session as it finally takes out near term resistance against Dollar and...
Yen Softens Further on Yields, Euro to Test Resistance Levels
Yen is trading with an undertone today despite mixed risk markets. Treasury yield is a factor weighing on...
Yen Softens as Nikkei Rebound, Busy Week Ahead
Yen softens mildly in quiet Asian session, accompanied by the rebound in Nikkei, as markets digest Prime Minister...
Dollar Dived on New Fed Strategy, Aussie Shone ahead of a Key Week
Dollar tumbled sharply, and broadly last week as markets perceive Fed’s adoption of average inflation targeting as a...
Dollar Shrugs Income and Spending Report, Selloff Continues
Fed chair Jerome Powell inspired a fresh round of Dollar selloff which his Jackson Hole speech, which carries...
Yen Down on Surging Yield, Rebounds on Abe Resignation Talks
Dollar spiked lower overnight after quickly stabilized, as supported by surge in treasury yields. Fed Chair Jerome Powell...
Dollar Tumbles as Fed Adopts Average Inflation Targeting to Allow Inflation Overshoot
Dollar appears to have finally taken a side, the downside, with Fed chair Jerome Powell’s Jackson Hole speech....
Dollar Softer in Mixed Markets, No Decisive Selling Yet
Markets continue to be rather mixed as investors are awaiting Fed Chair Jerome Powell’s speech at the Jackson...
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