Market Overviews

Strong NFP Lifts Stock But Not Dollar, Yen Weakens

Strong employment data from the US boosts market sentiments as DOW future is up over 400 pts at the time of writing. European indices are also extending gains. The greenback ...
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Sterling Could Steal the Show From Dollar as Focus Turns to NFP

Dollar and Yen are both trading as the weakest ones for the week for now. FOMC minutes released overnight gave little support to the greenback, nor that ADP job number ...
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Euro Tumbles in Indecisive Markets, Mildly Risk-off

Markets continue to trade in rather indecisive mode today. DOW futures point to mildly lower open, following European stocks, and is getting not support from solid ADP job data. Yen ...
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Yen Up after Poor Tankan, Mixed Markets Await Guidance

The overall markets remain rather mixed so far. Rebound in US stocks overnight didn’t carry forward to Asian session. Nikkei is weighed down by poor Tankan survey data. Dollar’s rally ...
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Dollar Firms Up But Yet to Break Resistance Against Weakening Euro

Dollar continues to stay firm in early US session as supported by strength against Sterling, Yen and to a lesser extent Canadian. Yet, the moves are rather indecisive elsewhere. The ...
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Yen and Franc Weaken Broadly, Euro Strength Uncertain

Yen and Swiss Franc are trading as the weakest ones for the week so far, partly due to the strong rebound in stock markets overnight. Sterling is following as the ...
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Euro Lifted By Improve Confidence, and Tumbling Sterling

Sterling tumbles broadly today, appeared to be weighed down by UK Prime Minister Boris Johnson’s plan to double down on public investments. The selloff is particularly apparent against Euro, as ...
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Dollar Turned Mildly Softer in Subdued Trading, Import Data Lie Ahead

The markets opened the week with mild risk aversion, in response to continuously surging global coronavirus cases. Japanese stock was additionally weighed down by poor retail sales data. But outside ...
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Risk Reversal Building Up on Coronavirus and US-China Tensions

The conditions for risk reversal continued to build up last week and somewhat intensified. On the one hand, daily new coronavirus cases surged to new high for the world world, ...
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Sterling Dips, Swiss Franc Rises as Weekly Close Approaches

Sterling appears to be under some selling pressure today, without any special driver. A possible reason is some repositioning ahead of next week’s Brexit talks. Meanwhile, Yen appears to be ...
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Markets Range Bound as Consolidations Continues, Coronavirus Ignored

The markets continue trade in consolidative mode today. US stocks reversed earlier loss to closed higher overnight, ignoring the surge in coronavirus cases. Asian markets are mixed, with mild weakness ...
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Dollar Stays in Familiar Range Despite Rebound Attempt, Markets Turned Mixed Elsewhere

The financial markets turned into mixed mode today. While European indices open broadly lower, they quickly reversed early losses and turned positive. US markets open lower again but loss in ...
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