Market Overviews

Euro Selling Gathers Momentum against Dollar and Canadian, EUR/USD Breaks 1.2285 Finally

EUR/USD finally breaks 1.2285 support with some momentum in early US session. That could be seen as a sign that the forex traders are finally back from holiday, and starting ...
Read More

Yen Pared Gains as Asian Markets Stabilized, Australian Dollar Steady after RBA

US equities suffered steep selling overnight with DOW losing -1.9%, S&P 500 losing -2.23%. NASDAQ was worst hit as tech rout continued and closed down -2.74%. While Asian equities opened ...
Read More

Dollar Attempts to Extend Rebound on ISM Price Paid, But Failing So Far

Some volatility is finally see in early US session even though there is still a lack of follow through momentum. US equities open lower with DOW losing over 150 pts, ...
Read More

Forex Markets Stay Quiet on Holiday Mood. RBA, ISM and NFP ahead

The forex markets are rather quiet today as most countries are still on holiday. Yen is trading generally lower but loss is limited so far. Japan Tankan survey posted some ...
Read More

Markets Tread Water as Traders’ Minds are Already on Holiday

The forex market are starting to ignore economic data release today and tread water, just ahead of long weekend. Dollar is trading in black across the board for the week ...
Read More

Dollar Rebound Lacks Conviction, Except Versus Aussie and Possibly Yen

Dollar jumps broadly overnight but it’s rally is starting to lose steam again in Asian session. Instead, while Yen remains the weakest one for the week, it’s starting to regain ...
Read More

Risk On Again as Stocks Futures Rebound on Facebook, Yen and Swiss Franc Dive

The pattern of risk on/risk off continues today. After opening lower, European indices pare back much losses with FTSE now back in black at the time of writing. US futures ...
Read More

Euro Stays Strong after Volatility in Thin Holiday Markets

There was some volatility seen yesterday in the forex markets. But as dusts settled, Euro is staying as the strongest one for the week, followed by New Zealand Dollar and ...
Read More

Dollar Rebounds as Quarter End Position Squaring Starts, Stocks Lifted by Receding Trade War Fear

After being pressured initially, Dollar staged a strong come back European session. The greenback is now trading as the strongest one for day, followed by Canadian Dollar and then Yen ...
Read More

EUR/USD to Look into Confidence Indicators for Guidance, as Risk Aversion Eased

The financial markets responded positively to news that US and China are back on the table for trade negotiation. At least for now, the fear of further escalation in tension ...
Read More

Yen Lower as Trade War Fears Recede, Euro and Sterling Surge

Risk sentiments stabilized as markets reacted positively to the possibility of a trade deal between US and China. Major European indices are trading higher even though gains are only at ...
Read More

US Treasury Mnuchin in Trade Talk with China, But No One is Cheering Yet

The financial markets opened the week rather quietly. Nikkei and KOSPI opened lower and turned black as the session went on. But other major Asian indices stayed slightly in red ...
Read More