Market Overviews

Dollar and Euro Soft With Master of Deal vs Brutal Killer on the Card

Dollar and Euro are trading generally lower today, except versus Australian Dollar. The meeting between Donald “master of deal” Trump and Jean-Claude “the brutal killer” Juncker is closely watched. But ...

Daily Report: Euro and Dollar Mixed ahead of the Juncker-Trump Meeting

Sterling appears to be lifted by the news that UK Prime Minister Theresa May has taken over Brexit negotiation. That raised the chance of some speedier conclusions as well as ...

Euro Gain Capped by Lackluster PMIs, Dollar Turns Soft

While the Japanese Yen is staying generally firm, Dollar fail to hold on to earlier gains and turns softer. While Euro strengthens mildly against Dollar, it’s upside is limited by ...

Treasury Yields Continue to Support Yen and Dollar, Risk Appetite Ignored

Yen and Dollar are trading as the strongest ones for today and the week, as boosted by treasury yields. In particular, the Yen shrugs off strong risk appetite in Asia, ...

Yen Pares Gain While Dollar Attempts Rebound

Yen is paring some gain in early US session but remains the strongest one for today, followed by Swiss Franc. Meanwhile, Australian Dollar overtakes Dollar as the weakest one. Euro ...

Sharp Rally in 10 Year JGB Yield Takes Yen Higher, Dollar Stays Weak

Yen trade broadly higher today as boosted by the steep rally in 10 year JGB yield. That also sends Nikkei sharply lower as it’s down -333 pts or -1.47% at ...

How Did Stocks, Bonds and Dollar React to Trump’s Attack on Fed?

Dollar was sold off sharply on Friday but, after all, it ended the week only as the third weakest. Sterling was the worst performing one after triple data disappointment, most ...

Dollar Sharply Lower as Trump’s Reliable Ally Challenges Him on Tariffs, Canadian Dollar Jumps on Strong Data

Dollar suffers steep selloff in the early US session as WSJ reports that Senate Finance Committee Chairman Orrin Hatch sent a letter to Trump requesting him to reconsider his trade ...

Dollar Rally Capped by Trump’s Fed Trespassing, Sterling Remains Broadly Weak

Just after the Dollar index hit one year high at 95.65 overnight, it’s hit down by Trump’s criticism on the supposed-to-be independent Fed policies. For now, the greenback is staying ...

Dollar Surges as Trade War Takes Back the Stage, Pushed Further by Stellar Job Data

Dollar is trading as the strongest one today as trade spat intensifies again. For whatever reasons, the greenback has been supported by intensifying trade tension between US and other countries ...

Aussie Surges after Strong Employment Data, Focus Turns to UK Retail Sales

Australian Dollar jumps broadly today after much stronger than expected job data. But upside against Dollar is capped so far. After all, RBA is clear that it’s next move is ...

Sterling Hammered after CPI, Dollar Overwhelmed by Swiss Franc and Yen

Sterling’s selloff accelerates as UK CPI missed market expectations. And that lowers the chance of a should-be-done-deal August BoE hike. In the background, Brexit uncertainty is also weighing on sentiments ...

Dollar Surges as Fed Powell Affirmed Policy Path, Sterling as Weak as PM May

Dollar is staying firm in Asian session today after overnight rally. Markets received Fed Chair Jerome Powell’s composed and balance testimony rather well. And he basically affirmed that Fed in ...

Dollar Rebounds as Markets Await Powell, But Swiss Franc and Kiwi Outperform

Dollar is regaining some ground as markets await Fed chair Jerome Powell’s Congressional Testimony. But still, New Zealand Dollar is the strongest one today as lifted by inflation data. Swiss ...

New Zealand Dollar Jumps on RBNZ Inflation Reading, Australian Dollar Higher on RBA Minutes

Commodity currencies trade generally higher today. New Zealand Dollar leads the way following improvement in RBNZ’s own preferred core inflation measures. Australian Dollar is also firm after RBA reaffirmed that ...

Euro Lifted as EU Made Progress With China, Dollar Soft after Retail Sales

Dollar remains generally weak in early US session despite a mild lift from retail sales data. While the greenback and Japanese yen are competing as the weakest one, Canadian Dollar ...

Markets Weighed Down Slightly by Soft China Data, Dollar and Yen Dip Lower

Asian markets are weighed down slightly by a batch of soft economic data from China, but loss is limited so far. At the time of writing, China Shanghai SSE is ...

Dollar Not Ready to Resume Up Trend Yet, Risk Appetite to Continue

Yen and Swiss Franc ended as the weakest ones last week as global stock markets ended higher. There were some jitters in risk sentiments after US announced to move on ...

Dollar Retreats Mildly after Import Price Miss, Still Set to Close the Week as Strongest

Dollar is set to close as the strongest one for the week, after today’s rally. Some setback is seen after import price index miss but the retreat is so far ...

Dollar Regaining Momentum While Risk Appetite Stays Strong, NASDAQ Hit Record High

The markets are rather calm today as supported by relatively positive investor sentiments. NASDAQ surged to new record high at 7825.67 before having a strong close at 7823.92, up 1.39% ...