Dollar Losing Momentum As Markets Anticipate The Dual-Faced Impacts Of NFP
Dollar maintains its position as the week’s strongest major currency, although momentum has noticeably started to wan... Read more
Sterling Suffers As BoE Treads Cautiously With 25bps Rate Hike; Dollar Maintains Weekly Lead
Sterling falls significantly today following BoE’s decision to raise interest rates by only 25bps. This cautious, alo... Read more
Dollar Rally Continues On Risk-Off Sentiment And Rising Yields; Markets Eye BoE Rate Decision
Dollar continues to strengthen today, bolstered by prevailing risk-off sentiment that has carried over from US to Asian... Read more
Dollar Getting A Boost From Strong ADP Data And Risk Aversion
Dollar is making an effort to extend its near term rebound in early US session, bolstered by significantly stronger-tha... Read more
Two Home REIT Tenants Enter Creditors' Voluntary Liquidation
Home REIT tenants Redemption Project CIC and Serenity Support CIC have entered into creditors' voluntary liquidations,... Read more
Asian Markets Skittish Following Fitchs US Rating Downgrade; Commodity Currencies Bear The Brunt
Market sentiment in Asia today leans heavily toward risk aversion, following the unexpected move by Fitch Ratings to do... Read more
Dollar Rising With Treasury Yields, Aussie Selloff Gains Momentum
Dollar rises broadly today, in the first trading day of August. The greenback is bolstered by mild risk aversion and ra... Read more
Man Group Pre-tax Profits Drop Sharply On Lower Performance Fee Revenue
Man Group has posted a significant drop in core and statutory profits before tax in the first half of 2023, as the mar... Read more
Aussie Slips After RBA But Downside Limited, Dollar Firmer Ahead Of ISM Manufacturing
Australian Dollar is trading broadly lower after RBA opted to keep interest rates on hold. However, the currency’s lo... Read more
Copper Takes Aussie Higher Ahead Of RBA
Commodity currencies are trading generally higher today on mildly positive market sentiment. Australian Dollar is the s... Read more
Yen Extending Fall, Markets Eye RBA And BoE, US NFP This Week
Yen extended its late last week’s slide in Asian session today, a downward trajectory that prevailed despite a notabl... Read more
Yen Staying Bearish After A Wild Ride; Dollar Index Presses Key Resistance
The global financial markets found themselves in a flurry of volatility in the past week, underpinned by policy decisio... Read more
Dollar Down Again On PCE Inflation, Yen Reverses Too
Dollar is reversing much of yesterday’s gain as both headline and core PCE price indexes showed more than expected mo... Read more
Home REIT Proposes Investment Policy Overhaul As Rent Collection Falls To 7%
Home REIT has scheduled a general meeting for 21 August 2023 in order to allow shareholders to vote on a raft of chang... Read more
Yen Skyrockets As BoJ Moves A Step Towards Stimulus Exit, Dollar Staying Firm
Yen was already rallying ahead of BoJ policy decision, and managed to maintain most of its advances, despite some post-... Read more