Market Overviews

Dollar Jumps as World Trade Outlook Worsened, Sterling Even Stronger

Sterling surges broadly in European session and it’s trading as the strongest one for today so far. There is some support by slightly better than expected wage growth. Also, there ...

Dollar & Yen Recover as Markets Turn Cautious, US-China Trade Talks Resume Today

Dollar and Yen trade generally higher today as Asian markets turned mixed. The strong rally in Asian stocks yesterday was based on optimism on US-China trade negotiation. But such optimism ...

Euro and Sterling Strong for Today, But No Key Resistance Broken

Yen and Dollar are pressured for the whole day, and remain so in early US session. Risk appetite in Asian markets was boosted by optimism over US-China trade talks. There ...

Asian Markets Boosted by Trade Optimism Again, Yen Broadly Lower

Yen remains the weakest one as another week starts with solid risk appetite. Sentiments towards US-China trade negotiation turned optimistic again after positive statements from both sides. Trump also hailed ...

Risk Appetite Boosted by Unknown Progress in US-China Trade Negotiation, More Talks Ahead

Trade talk optimism, trade pessimism, drove markets up and down last week. In the end, Presidents of US and China decided to give markets some lip service and boosted stocks ...

US-China Trade Talks to Continue Next Week, Sentiments Lifted

Risk appetite seems to be given a lift again by words regarding US-China trade negotiations. There seems to be some consensuses and progress made even thought it’s unsure what they ...

Yen Strikes Back and Investors Dissatisfied With Lack of Trade Talk Progress

Yen is making a strong come back today and surges broadly. Investors are clearly unhappy with the lack of concrete progress with US-China trade negotiations. Sterling follows as the second ...

Dollar Dives as Retail Sales Dropped Most in 9-Years, But GBP and CAD Even Worse

Dollar suffers steep selloff in early US session after shockingly poor retail sales data. The release of December’s sales was delayed due to government shutdown. And we’ve finally got some ...

Japan & Germany Avoided Recession, Trade Talk Optimism, Yen Pressured

Australian and New Zealand Dollar are the strongest ones for today so far as the forex markets seem to be cheering positive developments in US-China trade negotiations. The idea of ...

Dollar Trying to Rebound on CPI, Risk Appetite Continues

Strong risk appetite remains the main theme for today on trade optimism. Though, Dollar is trying to steal the show in early US session with stronger than expected inflation data ...

Yen & Dollar Tumbles on US-China Trade Optimism, Kiwi Surges on RBNZ

Strong risk appetite dominates the financial markets today. Investors are getting more optimistic on US-China trade negotiations, with another round of talks happening in Beijing now. Both sides seem to ...

Risk Appetite Extends, Swiss Franc Decline Accelerates

Swiss Franc is overwhelmingly the weakest one today with fresh selling in early US session. While Japanese Yen is also weak, it’s a relatively distant second. Both are pressured by ...

Dollar Paring Gains, Focus Turns Back from Government Shutdown to Trade Talks

Dollar is paring some gains today after yesterday’s rally, but remains the strongest one for the week. A temporary agreement was reached in the US Congress to avert another government ...

Dollar Surges Against Yen and Swiss as US-China Trade Talks Resume

Yen and Swiss Franc are trading broadly lower today thanks to rebound in global equities. Fresh selling is seen on news that White House senior counselor Kellyanne Conway said Trump ...

Sterling Soft as GDP, Productions and Trade Balance Awaited

Sterling is trading generally soft today, except versus Yen, as market focus turns to UK data. GDP, productions and trade balance will be featured. BoE just downgraded both growth and ...

Dollar Emerged as Strongest in a Bad Batch on Global Slowdown Worries

Dollar ended last week as the strongest ones, mainly due to weakness elsewhere. Worries of global slowdown, or even recession, sent Germany and Japanese stocks sharply lower. Global treasury yields ...

Canadian Dollar Jumps on Job Data, Risk Aversion Dominates on Trade War Worries

Risk aversion is the main theme in the financial markets today. Worries over US-China trade tension escalation resurfaced after Trump said he will not meeting Chinese President Xi this month ...

Yen Rises as Trade War Concern Resurfaces, RBA Hammers Aussie Again

Global markets are in mild risk averse mode on concerns over US-China trade talk. That came after Trump said he will not meet Chinese President Xi this month to complete ...

Sterling Survives Dovish BoE Selloff for Now, Yen Staying Strong

It’s a very volatile day with two market moving events in BoE Super Thursday and EU economic forecasts. Sterling initially dived sharply after BoE downgraded economic forecasts and painted a ...

Sterling Range Bound ahead of BoE Super Thursday, New Zealand Dollar Dives after Job Data

Sterling is generally steady today and gyrates in tight range. UK events are the major focuses with BoE Super Thursday featured. UK Prime Minister Theresa May will also visit Brussels ...