Market Overviews

Dollar Stabilizes after Jobless Claims, But No Rebound Yet

Sterling remain remains the strongest one for today, as it’s maintaining post BoE gains. Nevertheless, there is no apparent follow through buying after the initial surge. On the other hand, ...
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Sterling Lifted after BoE, Dollar Remains the Worst One for the Week

Sterling strengthens generally today after BoE stands pat. Even though investments remained weak, the central offered some optimism in the way that spending recovered significantly. At this point, Euro is ...
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Dollar Selloff Intensifies after Huge Miss of ADP Job Data

Dollar’s selloff intensifies in early US session after ADP job report hugely missed expectations. The strong upward revision in prior month’s figure just make the picture looks worse, exaggeration the ...
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Dollar Tumbles as Gold and NASDAQ Hit New Records

Dollar is back in selloff mode again after rebound attempt failed. The broad based trend against the greenback is clear, with gold hitting new record high above 2000 handle. WTI ...
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Dollar Having Another Rebound Attempt, Sterling Pulls Back

Dollar is having another rally attempt today and appears to be making some progress, at least against the relatively weaker Sterling. At this point, Swiss Franc is the strongest one, ...
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Aussie Firmer after RBA, Dollar Rebound Fades

Dollar turns soft again after momentum for rebound faded quickly. Euro and Swiss Franc are back in control even though they’re still generally range bound. Australian Dollar is following closely ...
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Dollar Extending Recovery, Turning Around the Corner

Dollar starts the month with a much firmer footing, trading broadly higher as the strongest one so far. The rally is particular against Swiss Franc, which is currently the weakest ...
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Trading Subdued in Cautious Mood, Dollar Still Finding Momentum for Rebound

Trading in forex markets is rather subdued today in overall mixed mood. Better than expected manufacturing data provides little lift to sentiments. Coronavirus curfew in Australia’s Victoria state is also ...
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Yen, Dollar, Aussie, Gold and Stocks in Focuses in a Busy Week

Dollar’s selloff extended last week, after rather uneventful Fed meeting. The decline was particularly serious against generally strong European majors. Sterling ended as the strongest one this time, followed by ...
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Dollar Recovers Mildly ahead of Monthly Close, CAD Lifted Slightly by GDP

Dollar recovers mildly as markets turned mixed ahead of monthly close, but remains the second weakest for the week. Canadian Dollar is currently still the worst performing, as dragged by ...
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Euro Power Continues ahead of GDP, Dollar Drags Further by Falling Yields

Dollar’s broad based selloff continues in Asian session today. There are increasing concerns that momentum of US economic recovery is starting to falter. The pessimism is somewhat reflected in persistent ...
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Risk Sentiments Weaken on Record GDP Contractions, Canadian Follow Oil Lower

Commodity currencies are general under pressure today, following global stock markets lower. Record Q2 GDP contraction in Germany and US are weighing on sentiments. Rebound in jobless claims add to ...
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