Dollar's selloff accelerates entering into US session today and drags down the Japanese Yen too. Strong employment data may halt the greenback's decline temporary. But it's definitely not enough to trigger a reversal. EUR/USD and GBP/USD are in proximity...
New Zealand Dollar is the strongest one in the currency markets today, as boosted by fastest GDP growth in two years. Otherwise, the markets are rather mixed. Australian and Canadian Dollar turned softer and are trading as the weakest...
Sterling suffered a lot of volatility today. It surged on stronger than expected consumer inflation data, but then reversed on news that UK Prime Minister Theresa May's rejection of EU's Irish border proposal. The Pound sort of stabilized then...
Trade war escalations continue to be ignored by the markets in general. Dollar and Yen are staying as the weakest ones today. In particular, Yen is pressured additionally by sharp rally in US treasury yields over night. BoJ's announcement...
This time, the escalation of US-China trade war is largely ignored by the financial markets. There were just some very brief knee jerk reaction in stock and the currency markets. Yen and Dollar are both back under pressure after...
The new round of tariffs on China's imports to the US was finally formalized. Dollar got a brief lift but there was no further buying. The impacts on the markets quick faded and what's next will depend on China's...
Dollar and Yen are back under selling pressure today. In particular, USD/CHF and GBP/JPY take the lead in resuming recent moves. GBP/USD is following closely with eye on 1.3142 minor resistance. Both currencies received no special lift from news...
The forex markets are trading steadily today, as another week starts as usual. Major pairs and crosses are so far still bounded in Friday's range. It seems that traders took the news regarding escalation in US-China trade war rather...
It was another typical week with market moving headlines flying around. Being two highly anticipated non-events, BoE and ECB didn't disappoint investors by giving nothing new. On the other hand, there was a deep sense of nervousness ahead of...
As the week is heading towards the close, Dollar is trying to pare back some of the losses over the few days. Mixed economic from the US are ignored by the markets. Nonetheless, the greenback is outshone slightly by...
After much volatility this week, Yen and Dollar are staying as the weakest one for the week. Receding concerns over US-China trade war boosted risk appetite in the US and Asia in general. It seems that Trump's administration and...
Dollar has been relatively today and risks of escalation in trade war diminished. Deeper selling is seen after inflation data showed larger than expected fall in core CPI in August. Though, the greenback is currently underperformed by Yen due...
Risk appetite was given a strong boost overnight on news that US and China were going to re-start trade talks before now round of tariffs take effect. The news was further confirmed by White House economic advisor Larry Kudlow...
Dollar dips slightly against the Japanese Yen in early US session after weaker than expected inflation data. But loss is so far limited. And, the forex markets continue to lack a general, committed direction. Yen is trading as the...
The forex markets are relatively quiet in range today as multiple factors are having conflicting impacts. Asian equities continue to diverge from the US stocks, as weighed down by trade worries. While Yen is mildly firmer today, it's the...
Following the August rate hike, BOE would likely keeps its powder dry at least until the Brexit Withdrawal deal is finalized. Macroeconomic indicators released since the last meeting contain both upside and downside surprises. Yet, the overall developments should...
Market sentiments seem to be hurt by news that China is set to seek WTO backing next week to slap sanctions on the US. The sanctions would be for non-compliance with a WTO ruling over US dumping duties, which...
Yen and Dollar are trading as the weakest ones in Asian session as risk aversion receded. In particular, Nikkei rebounds over 1% as concerns eased about last week's typhoon and earthquake. Canadian Dollar is the strongest one at the...
China’s headline CPI rose to a 6-month high of +2.3% y/y in August, up from +2.1% a month ago. However, the increase almost entirely came from food prices which jumped to +1.7%, from +0.5% in the prior month. Taking...
Swiss Franc tumbles broadly today as easing concerns over Italy's budget narrows Italian-German yield spread notably. Italy Economy Minister Giovanni Tria's comments over the weekend were well received by the markets. Euro also strengthens broadly, except versus Australian Dollar...