Market Overviews

Canadian Dollar Jumps on CPI and Oil, Sterling Pares Gain after Weak Retail Sales

Canadian Dollar strengthens mildly in early US session and is trading as the strongest one for today so far. Recovery in oil price has been supporting the Loonie through the ...
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Sterling Extends Rally, Yen Lower on Risk Appetite, Dollar Follows Yields Higher

Yen trades generally lower in rather quiet markets today. Risk appetite strengthens mildly despite extended record run in US government shutdown. There were rumors that US is considering to roll ...
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Sterling Enjoying Renewed Buying, But Traders Remain Cautious

Renewed buying emerges in early US session for Sterling and it’s trading as the strongest for today so far. But for now, the Pound’s strength is relatively limited against Yen ...
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Sterling Stays Firm after May Won Confidence Vote, Euro and Swiss Franc Turning Softer

Sterling is staying as the strongest one for the week after UK Prime Minister Theresa May narrowed survived the confidence vote in Commons. Though, there is no follow through buying ...
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Sterling Firm in Tight Range as Focus Turns to PM May’s No-Confidence Vote

The forex markets are rather quiet today. Sterling, US Dollar and Canadian Dollar are the stronger ones The Pound is supported by increasing chance of a delay in Brexit, or ...
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Sterling Steady after May’s Humiliating Brexit Defeat, Euro Weakens on Slowdown Worries

The historic defeat of UK Prime Minister Theresa May over the Brexit deal triggered some volatility in the Pound. But no clear direction is seen in Sterling after all the ...
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Euro Weighed Down by Germany Slowdown Worries, Sterling Pares Gain ahead of Brexit Vote

European majors are trading notably lower today. Euro is weighed down by concerns over slowdown in Germany, which might already had a technical recession in Q3 and Q4 already. Sterling ...
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Brexit and China Dominates Headlines, Yen Stays Strong

Brexit and China are the two main themes in the markets today. For now Yen is the strongest one so far followed by Swiss Franc. Risk aversion is triggered by ...
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Brexit to Take the Spotlight from Fed, Trade War and US Government Shutdown

Risk sentiments continued to recover last week as Fed officials indicated they would be patient before making the next rate move. Positive developments of US-China trade talks also helped. One ...
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Sterling Jumps on Brexit Delay Talks, Dollar Steady after CPI

Sterling surges broadly today on rumor that there will be delay in the Brexit date. Even though the government came out quickly denying intention for Article 50 extension, the Pound ...
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Dollar Stays Soft as Fed Powell and Clarida Called for Patience, But No Extended Selling

Dollar continues to trade as the weakest one for today and the week. The chorus of Fed’s “patience” rhetoric continued overnight with the top two men in Chair Jerome Powell ...
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Forex Markets Turn Mixed as Stocks Rebound Fade, More Fed Speaks Ahead

The forex markets is rather mixed today, partly thanks to fading momentum in global stock rebound. Australian Dollar is so far the strongest one for today. Dollar follows as second ...
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