Market Overviews

Global Markets Crash, Yen Surge as US-China Trade War Starts

US stocks tumbled sharply in the final hour of trading overnight, taking out key support levels in the wake of the start of US-China trade war. DOW closed sharply lower ...
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Yen Steals the Show on Trade War Worries, Sterling Reversed after Brief BoE Spike

Sterling attempts to rally after BoE rate decisions but failed to sustain gain. On the other hand, Yen is quietly stealing the show on risk aversion. Investors are worried that ...
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Dollar Broadly Pressured after FOMC, Sterling Strong ahead of BoE

Dollar stays broadly pressured today as post FOMC selloff extends. While Fed delivered the widely anticipated rate hike, it maintained the forecast of a total of three hikes in 2018 ...
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USD and NZD Weak ahead of FOMC and RBNZ, Sterling lifted by Job Data

Sterling is staying in the spotlight today as the set of job and wage data boosts the chance of a May BoE hike. The central bank’s announce tomorrow is now ...
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Dollar Turns Soft as Markets Await FOMC Hike, Sterling Looks into Job Data

Dollar trades broadly softer in Asian session today as yesterday’s rebound attempt lost steam. Traders are also turning more cautious ahead of FOMC rate decision. While Fed is widely expected ...
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Euro Reverses as Germany Outlook Worsened Considerably, Sterling Pare Gains after CPI Miss

Euro and Sterling trade notably lower today as economic data missed expectation. Sterling remains relatively firm and stays as the strongest major currency for the week. The CPI miss was ...
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UK CPI Could Trigger Sterling Bulls and BoE Hawks

Sterling remains the strongest one as markets is now preparing for inflation data from UK today. The progress in Brexit negotiation removed one key obstacle for BoE to hike again ...
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Sterling Shines as UK and EU Agreed on Brexit Transition Deal

Sterling soars today on news that EU and UK has finally agreed on the Brexit transition deal. The pound is now set to take on 1.4144 resistance against dollar and ...
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Trade War a Major Theme in Busy Week of Central Banks, Data and Politics

The week open relatively quietly again with Swiss Franc leading the way down, followed by Aussie and Kiwi. Dollar strengthens broadly but it’s again out shone by Japanese Yen. Asian ...
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CAD, AUD, NZD All Suffered as Trump Stepping on Protectionist Acceleration Pedal

Yen maintained solid strength throughout last week as it ended as the strongest one. Meanwhile, the fortunes of commodity currencies suddenly reversed towards the end. Canadian, Australian and New Zealand ...
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Safe Haven Theme Dominates, Yen Strong, Commodity Currencies Weak

Safe haven flows remain the main theme in the forex markets today even though global equities are rather resilient. Yen and to a lesser extend Swiss Franc are trading generally ...
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AUD, NZD, CAD Weaken on Fear of Rising Protectionism

Commodity currencies, including Canadian, Australian and New Zealand Dollar are suffering steep selling towards the end of the week. New White House economic adviser Larry Kudlow’s strong Dollar comment was ...
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