
Euro Down on Recession Worries, Could Parity Against Dollar Provide Support for Long?
Euro ended as the worst performer last week on increasing worries of a deeper and longer recession. Selloff in the common currency also dragged down Swiss Franc, which ended as ...
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Dollar Rising Again on Strong NFP Data
Dollar rises in early US session after stronger than expected non-farm payroll data. It’s also supported by extended rebound in 10-year yield, which reclaims 3%. Euro also follows German yield ...
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Aussie Displaying Resilience, Dollar and Yen Staying Firm
The stock markets are starting to display some resilience, despite hawkish FOMC minutes. US stocks managed to close higher after initial selloff. Nikkei is also showing some strength in Asian ...
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Euro and Sterling Staying Weak, Dollar and Yen to Decide the Real Winner Soon
Recession fear is currently the main theme in the markets, with Euro and Sterling hardest hit in the currency markets. Canadian Dollar is somewhat a distant third weakest, as dragged ...
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Euro Hammered Broadly on Gas Crisis, Dollar and Yen Jump
Euro drops sharply and broadly today on renewed concerns over recession on gas crisis. The common currency is also taking other European majors lower. Dollar and Yen are currently the ...
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Aussie Shrugs RBA Hike, Yen Turning Softer
Aussie is trading in tight range after RBA delivered the 50bps rate hike as expected, and maintained tightening bias. Euro is currently the stronger one for the day, followed by ...
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Aussie Recovers ahead of RBA Rate Hike, Overall Trading Subdued
Australian Dollar recovers broadly today, following recovery in European markets. Meanwhile, traders are also preparing for tomorrow’s RBA rate hike. New Zealand Dollar is also mildly firmer. On other hand, ...
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Aussie Dived But a Bottom Around the Corner?
Extending fall in commodity prices and recession fears were the main theme in the markets last week. Australian Dollar ended as the worst performer, followed by New Zealand Dollar, and ...
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Selloff in Aussie Intensifies With Commodity Prices
Selloff in Aussie and Kiwi intensifies today following the steep decline in commodities. Safe-have flows continue to boost the Japanese Yen, which is additionally lifted by extended pull back in ...
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Yen Surges on Safe Haven Flow; Stocks, Yields, Oil and Metals Fall
Markets start the first day of the second half dumping risk assets, from stocks to oil to gold and copper. Safe haven flow into treasury has indeed started overnight, pushing ...
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Euro Under Broad Based Pressure as Selling Spreads
Euro is under broad-based pressure today as selloff against Swiss Franc spreads to other pairs. Yen is currently the best performer following another round of pull back in Germany, and ...
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Swiss Franc Staying the Strongest, Dollar and Loonie Competing for Second
Swiss Franc remains the runaway leader for the week so far. Dollar and Canadian are competing for the second place. On the other hand, New Zealand Dollar is the worst, ...
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Swiss Franc Power Continues, EUR/CHF Breaks Parity
Swiss Franc continues to rise broadly today, with additional help from selloff in Euro. The common currency is weighed down by Germany CPI, which unexpectedly slowed in June. But for ...
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Yen Selling is Back, Dollar Attempting to Rally
Yen is back as the worst performer on improving risk sentiment and rising yields. Dollar is trying to rally in early US session following rise in treasury yields. But strength ...
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Dollar in Weak Recovery, Swiss Franc Retreats Mildly
Price actions in forex markets are indecisive today. Dollar is trying to rise after better than expected durable goods orders. It’s also support by recovery in treasury yields. But there ...
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Commodity Currencies Soft Despite Positive Sentiment, But Canadian Resilient
The forex markets are rather quiet in Asian session today, even though risk sentiment is positive. Most major pairs and crosses are staying inside Friday’s range, even though Yen is ...
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Falling Commodity Prices Support Sentiment, Dollar Downside Risk Increasing
The forex markets were rather mixed last week. Yen ended as the worst performer, but Swiss Franc was the best. Canadian Dollar rose against all but Franc, while Aussie and ...
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Swiss Franc Extending Rally, Yen Softens as Yields Recover
Swiss Franc is staying as the strongest one for today while markets are rather quiet elsewhere. Yen turns slightly weaker and US and European yields recover. But Dollar is also ...
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EUR/CHF Extending Decline, Aussie and Kiwi Soft
Overall, the forex markets are pretty much staying in range, except for a few. Aussie and Kiwi are the weaker ones for the week, as weighed down by negative sentiment, ...
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Euro Falls on Poor PMIs, Yen Recovering Further
Euro falls broadly today after worse than expectation PMI data. Aussie and Loonie are also weak as commodity prices pull back. On the other hand, Yen and Swiss Franc are ...
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