Market Overviews

Dollar and Yen in Driving Seat While Other Markets Turned Mixed

Sterling ended the week as the best performing one. But the late selloff, and rejection by resistance against Dollar and Yen, suggest that the latter too were in the driving ...
Read More

Yen and Swiss Franc Rise as Sentiments Weighed Down by Weak Data

Yen and Swiss Franc are trading stronger together with Dollar today, as stock markets are pulling back slightly. On the other hand, New Zealand Dollar is leading other commodity currencies ...
Read More

Euro Stays Weak, More Downside Before Weekly Close

The forex markets are generally staying in tight range in Asian session today. Dollar is mildly higher even though Fed chair Jerome Powell further talked down stimulus removal. Yen is ...
Read More

Euro’s Decline Continues as Italy Yields Jump, Dollar and Yen Mixed

Euro’s broad based decline continues today, dragging down the Swiss Franc, and to a lesser extent Sterling too. Italy bench yield jumps sharply on increasing risk of fresh elections in ...
Read More

Euro Falls Against Commodity Currencies, Dollar Mixed Despite Pull Back in Yields

Selloff in Euro against commodity currencies appear to be a main theme today, in otherwise mixed markets. Dollar seems not too bothered by the pull back in treasury yields overnight ...
Read More

Sterling Strong in Mixed Markets, Dollar Stabilizes

Sterling strength continues today, in the otherwise mixed markets. UK Prime Minister Boris Johnson told the parliament that restrictions measures are already “starting to have an effect in many parts ...
Read More

Dollar Reversed as Fed Officials Talk Down Tapering, Sterling Strong

Dollar dropped notably overnight and stays weak in Asian session. Some Fed officials toned down the talk of tapering the asset purchase program, or any monetary stimulus removal. Sterling, on ...
Read More

Sterling Rises on BoE Comments, Dollar Lost Momentum

Sterling surges broadly today after BoE Governor criticized that negative interest rates have a lot of issues. Commodity currencies are currently the next strongest, reversing some of this week’s pull ...
Read More

Dollar Firm on Upbeat Fedspeaks, at a Near Term Juncture

Dollar remains firm after some Fed officials’ upbeat talks about the second half but buying appears to be slowing slightly in Asian session. Gold is also setting in range for ...
Read More

Dollar Rises Further, Gold Recovers, Stocks Pare Recent Gains

Dollar’s rebound extends further today and remains firm entering into US session. Yen is following as the second strongest. Markets are paring back recent strong risk-on sentiment, on concern of ...
Read More

Dollar Continues to Rebound, Coronavirus Worries Might be Coming Back

Dollar trades generally higher today as rebound continues. Yen and Swiss Franc are following as the next strongest so far. Commodity currencies are generally lower as led by Australian Dollar ...
Read More

Dollar Relatively Resilient in Strong Risk-on Market, Setting the Base for a Rebound?

Global investors were all in risk seeking mode in the first full week of 2021. That came despite all the headlines of surges in coronavirus infection and death, return to ...
Read More