Sat, Jan 18, 2020 @ 10:18 GMT
Dollar strengthens broadly today but upside is somewhat limited by mixed US economic data. Canadian Dollar is following as the second strongest as oil prices recover mildly. On the other hand, both Swiss Franc and Euro are paring some...
Dollar is trading with a mildly firm tone in Asian session today, riding on solid data from US released overnight. But there is no clear committed buying seen yet. Meanwhile, Australian and Canadian Dollars both turned weaker but New...
Yen and Dollar trade broadly lower today while markets are having different reactions to US-China trade deal phase one, which was signed finally yesterday. Asian stocks were mixed while European stocks are soft. But US futures point to higher...
The US-China trade deal phase one was finally signed but market reactions were muted. US stock indices hit record highs but gains were limited. On the other hand, there were notable fund flows into bonds and Swiss Franc over...
Signing of the Phase I trade deal marks an end of the beginning the trade war between the US and China. While the deal covers various areas of great concerns to the US, including China’s imports of US goods...
Swiss Franc jumps broadly on political news from Russia today and takes the Euro higher. Yen follow as third strongest on risk aversion as European stocks also dive on the news. Sterling is among the weakest, following weaker than...
The forex markets are rather mixed today as traders are holding their bets ahead of signing of US-China trade deal phase one. Sentiments turned softer after US indicated that tariffs will stay in place before conclusion of phase two....
Dollar rises broadly in rather quiet markets today. Consumer inflation data from the US is supporting the greenback's firmness, but provides not further lift. Indeed, Swiss Franc is even stronger, as the best performing one today so far. China...
China’s foreign trade surprised to the upside in December. Exports rose +7.6% y/y in the last month of 2019, compared with consensus of +2.9%. Meanwhile, imports jumped +13.6% y/y, beating expectations of +9.6%. Both outbound and inbound shipment improved...
Yen weakens broadly today as markets are generally in risk on mode. US stocks rose broadly overnight with S&P 500 and NASDAQ closing at record highs. Sentiments were lifted as US scrapped labeling of China as currency manipulator, just...
Sterling is sold off broadly today as poor GDP data added to the case of BoE rate cut. Recent comments from BoE officials already suggested that they're open to easing if data don't show improvement. The Pound will face...
Asian markets are generally in risk on mode today as traders await signing of US-China trade deal phase one. Commodity currencies strengthen with Australian Dollar leading the way up. On the other hand, Sterling is currently the weakest one...
As suggested in the CFTC Commitments of Traders report in the week ended January 7. NET LENGTH in USD Index added +414 contracts to 12 468. Speculative long positions dropped -1 120 contracts and short positions fell -1 534...
According to the CFTC Commitments of Traders report for the week ended January 7. NET LENGTH for crude oil futures rose + 12 415 contracts to 567 272 for the week. Speculative long positions gained +12 161 contracts while...
After some jitters on Iran tensions, Dollar ended up as the strongest one last week. Strong stocks and steady yields provided some support to the greenback. Fed officials also reaffirmed the base stance to stand pat this year. US...
Dollar retreats mildly in early US session after non-farm payroll reports missed market expectation. But loss is limited as the set of data was decent even thought not spectacular. Indeed, there is prospect of more Dollar rally once the...
Markets are somewhat staying in risk on mode with US stock indices making new record highs overnight. But upside momentum in Asia markets is relatively weak. Australian and New Zealand Dollars are mildly firmer today, paring some of this...
Markets are generally back on risk on mode today as the concerns of US-Iran tensions faded. Also, it's finally confirmed that Chinese Vice Premier Liu He will travel to the US for signing the trade deal phase one. Dollar...
Yen and Swiss Franc weakened notably as imminent US-Iran war receded. Canadian Dollar also turned slightly softer as oil prices reversed this week's gains. Dollar is currently trying to ride on the development to extend recent rebound. But the...
The report from the US Energy Information Administration (EIA) shows that total crude oil and petroleum products (ex. SPR) stocks surged +14.77 mmb to 1287.84 mmb in the week ended January 3. Crude oil inventory gained +1.16 mmb (consensus:...
- advertisement -