Mon, Nov 18, 2019 @ 06:47 GMT
Strong risk appetite dominates Asian session today, partly as follow through buying from US, and partly on trade optimism. Commodity currencies are trading generally higher, as led by New Zealand Dollar rand then Australian. On the other hand, Swiss...
With US-China on track to phase one trade deal, and UK preparing for December election, focus turned back to economic data and central banks last week. In particular, Canadian Dollar ended as the worst performing after BoC's surprise dovish...
Dollar rebounds notably in early US session after stronger than expected non-farm payrolls report. But there is no clear follow through buying yet as wage growth missed. Also, at this point, New Zealand Dollar and Sterling are the strongest...
Dollar stays soft in Asian session today as markets await non-farm payrolls and ISM manufacturing data. Yen and Swiss Franc follow as next weakest. On the other hand Aussie and Kiwi are the strongest ones so far, both are...
Yen rises notably today as focuses turn back to US-China trade negotiations after central bank activities and economic data releases. There are renewed concerns that even if a phase one deal could be reached, the next phase(s) would be...
Both Dollar and Canadian are under tremendous selling pressure after respective central bank announcements overnight. Fed chair Jerome Powell did signal a pause after yesterday's rate cut. Yet, his message was too non-committal and let Dollar bulls dissatisfied. On...
Dollar continues to trade mixed in early US session. Negative effect of ADP job data is more than offset by stronger than expected Q3 GDP growth. The greenback will now look into FOMC rate decision for guidance. The key...
Dollar and Canadian are both trading with an undertone as markets await BoC and FOMC rate decisions, as well as US GDP data. Sterling appears to be mildly firmer as UK is finally heading towards election in mid-December. But...
Australian Dollar remains the strongest one for today as boosted by optimism over US-China trade deal. But the markets are relatively mixed elsewhere. Yen couldn't decide what to do as risk appetite fades in European session, while US stocks...
Australian and New Zealand Dollar rise broadly on optimism that US and China are "ahead of schedule" in completing the phase one trade deal. Dollar and Canadian are not too far away but buying is relatively refrained ahead of...
Swiss Franc and Yen weaken broadly again today as risk appetite returns to markets. In particular, US stocks are set to challenge record high, on trade optimism, as well as expectation of another Fed rate cut. European stocks, except...
Dollar trades mildly higher in quiet trading today so far, but Euro is a bit stronger. On the other hand, Sterling and Canadian Dollar are the relatively weaker ones. All these four currencies have something to look at this...
Canadian and US Dollars ended last week as the strongest ones. It now appears that US and China are on track to complete the easier phase 1 trade deal in November. Optimism lifted stocks as well as oil prices,...
Trading in the forex markets remain subdued ahead of weekly close. Euro is generally softer as data showed German business and consumer sentiments remained weak. Also, professional forecasters downgraded Eurozone inflation and growth projections in latest survey. For the...
Consolidations continue generally in the forex markets today, with the exception of notable strength in Canadian Dollar. The Loonie is so far the strongest one follow the week as helped by rebound in oil price. Dollar is currently following...
The forex markets remain generally steady in early US session. ECB rate decision triggered little reactions as widely expected. Also, markets was also indifferent to poor PMIs from Eurozone. Meanwhile, weak durable goods orders report from US was shrugged...
Consolidative trading continues in the forex markets as major pairs are crosses are stuck in tight range. Yen weakened mildly overnight but there was no follow through selling through recent highs. European majors are also mildly softer, without sustainable...
The forex markets turns mixed in relatively quiet trading today. Earlier selloff in Asia stocks didn't carry forward to other markets. Yen turned slightly softer, following Australian Dollar as second weakest. Sterling's selloff halted and recovers broadly as consolidations...
Yen and Swiss Franc rise broadly in Asian session today, followed by Dollar, on mild risk aversion. Traders are seeing some risk of a snap election in UK after the schedule of Brexit deal was voted down. Additionally, political...
Canadian Dollar turned mixed as the brief lift from election results faded. Instead, the Loonie is under mild selling pressure after poor retail sales data. Nevertheless, Sterling is the weakest one for today as traders turn cautious ahead of...
- advertisement -