Dollar Edges Up After Strong Q2 GDP, Yen Finally Retreats
Dollar rises modestly in early US trading following stronger-than-expected Q2 GDP data. The robust performance oversha... Read more
Relentless Yen Rally In Risk-Off Market: Will US GDP Turn The Tide?
Risk aversion has firmly gripped the markets, leading to the steepest selloff in US stocks since 2022 overnight. This ... Read more
Euro Slips After Weak PMI Data, Yen Extends Gains On BoJ Speculations
Yen continues to dominate the forex markets today, with speculation heating up ahead of next week’s BoJ meeting. Acc... Read more
Yen Jumps As Strong PMI Boosts BoJ Hike Hopes; Canadian Dollar Eyes BoC Cut
Yen’s rally accelerates again in Asian session today, driven by stronger-than-expected PMI services data, which bols... Read more
Financial Markets In Flux After Biden's Exit From Presidential Race
Re-evaluation of ‘Trump trades’ leads to market volatility and strategic shifts.The unexpected withdrawal of Joe Bid... Read more
Yen Holds Strong While Dollar Begins To Flex Its Muscles
Japanese Yen continues to stand out as the strongest currency, in another day with a lackluster economic calendar. How... Read more
Yen Advances Despite BoJ Uncertainty, Aussie And Kiwi Struggles Continue
Yen is trading broadly higher in otherwise sluggish Asian session today. The central focus remains on whether BoJ will... Read more
British Pound Poised For Continued Gains As Wall Street Banks Increase Bets
The British pound is poised for continued gains, with Wall Street banks increasing their bets on sterling's strength. Th... Read more
Aussies Selloff Deepens As Copper Prices Plunge
Australian Dollar continues to lead the decline among commodity currencies today, with the selloff appearing to accele... Read more
Aussie Leads Decline In Commodity Currencies; Risk Aversion Dominates Following Chinas Rate Cut
Australian Dollar leads other commodity currencies lower in Asian session today, reflecting a broader risk-off sentime... Read more
China's PBoC Cuts Short-Term Rates To Stimulate Economy
In a move to support economic growth, the People's Bank of China (PBoC) has cut its main short-term policy rate for the ... Read more
Shift In Risk Sentiment A Short-Lived Anomaly Or Start Of A Longer Correction?
Last week proved to be a whirlwind for global markets, marked by a series of shocking events—from the failed assassi... Read more
Dollar Gains On Risk Aversion Amid Quiet Trading
Risk aversion continues to support Dollar in relatively quiet trading today. Both Sterling and Canadian Dollar weakene... Read more
Dollar Strengthens As DOW Plunges; Yen Struggles To Extend Rally
Dollar rebounded broadly overnight following steep 500+ point selloff in DOW. Some analysts cited rotation away from b... Read more
Investors Embrace 'Trump Trade' Amid Prospects Of Federal Reserve Rate Cuts
As the Federal Reserve signals potential interest rate cuts, investors are reviving the so-called 'Trump trade,' charact... Read more