Central Bank Signals Ignored; Consolidation Continues in Currency Markets
The financial markets are relatively quiet in Asian session today, with major currency pairs and […]
Yen Up Slightly After BoJ Hike; Aussie Tumbles on Core Inflation Relief
Yen rose broadly today after the BoJ raised interest rates for the second time this […]
Yen Advances Despite BoJ Uncertainty, Aussie and Kiwi Struggles Continue
Yen is trading broadly higher in otherwise sluggish Asian session today. The central focus remains […]
US Will Reveal Its Latest GDP Update
Joe Biden threw in the towel and announced that he quits the presidential race this […]
Dollar Gains After Retail Sales Boost; Gold Nears New Record
Dollar bounces higher in early US session, buoyed by stronger-than-expected retail sales data. This resilience […]
Markets Await Fed Powell’s Insights, RBNZ on Deck
As US session kicks off, Dollar is trading mildly higher, with traders eagerly anticipating Fed […]
Dollar Recovers Ahead of Powell’s Testimony; Market Awaits Clues on Rate Cuts
Dollar is recovering mildly overnight, as traders prepare for Fed Chair Jerome Powell’s highly anticipated […]
Pound Gains on Hawkish BoE Remarks; Euro Regains Lost Ground
Sterling strengthened broadly today, support by comments from Jonathan Haskel, a known hawk on BoE’s […]
Euro Edges Down Following Left-Wing Triumph in French Elections
Euro dips mildly a in Asian session after French parliamentary elections on Sunday delivered unexpected […]
Dollar’s Decline Slows as Selling Momentum Eases
Dollar remains subdued today, but selling momentum has turned weak. With US markets closed for […]
Euro and Sterling Fall on Weak PMI Data
Euro fell notably today, along with decline in Eurozone government bond yields, following weaker-than-expected PMI […]
Euro Tumbles Amid Political Uncertainty, Market Eyes FOMC Dot Plot and US CPI This Week
In holiday-thinned Asian trading today, Euro’s sharp decline was the focal point. Investors’ reaction to […]