Dollar Softens Post-PPI Release, Yet Selling Momentum Remains Limited
Dollar is under some selling pressure in early US session despite stronger-than-expected PPI readings. However, downsi... Read more
Yens Sharp Rally Pauses, Japan Declines To Confirm Intervention
Japanese Yen is currently the best performer of the week, bolstered by alleged intervention by Japanese authorities ov... Read more
Unexpected Drop In U.S. Inflation As June CPI Rises By 3%
In a surprising development, the latest data from the U.S. Bureau of Labor Statistics reveals that the Consumer Price In... Read more
Fed Sep Cut Now Realistic After US CPI; Japan Intervenes To Boost Yen?
Dollar tumbled sharply in early US session following lower-than-expected consumer inflation readings. Headline CPI sho... Read more
Dollar Mixed With Inflation Data On Deck; Sterling Maintains Lead
Dollar weakened notably against Sterling and Aussie overnight, but held steady against other currencies. Market focus ... Read more
Investors Flee Junk Bonds As Bankruptcy Rates Soar
Investors are increasingly retreating from junk bonds as bankruptcy filings surge and economic instability persists. Thi... Read more
Yen Weakness Persists In Calm Trading; Dollar Range-Bound
Yen continues its extended selloff today, except against New Zealand Dollar, in an otherwise subdued forex market. Rep... Read more
NZD Tumbles On RBNZ Rate Cut Hints; Markets Largely Ignore Feds Powell
New Zealand Dollar plunged sharply after RBNZ’s more dovish than expected statement caught the market off guard. RBN... Read more
Trump 2.0: Potential Investment Opportunities And Market Growth
As the possibility of Donald Trump seeking a second term as President of the United States gains traction, investors are... Read more
Markets Await Fed Powells Insights, RBNZ On Deck
As US session kicks off, Dollar is trading mildly higher, with traders eagerly anticipating Fed Chair Jerome Powell’... Read more
Dollar Recovers Ahead Of Powells Testimony; Market Awaits Clues On Rate Cuts
Dollar is recovering mildly overnight, as traders prepare for Fed Chair Jerome Powell’s highly anticipated two-day C... Read more
Wall Streets Expectations And Corporate America's Response: Preparing For High Earnings
Wall Street’s high earnings expectations are placing significant pressure on US companies to perform. As investors ant... Read more
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 MPC. Haskel ind... Read more
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 results. The m... Read more
Pound Outshines As Dollar Sinks, Yen Stabilizing
The past week marked a significant downturn for Dollar, which found itself at the bottom of the currency performance c... Read more