Banking Jitters Propel Yen To Forefront, Overshadowing Fed; BoE Next
In a week crowded with high-profile events like FOMC rate decision overnight and the upcoming BoE meeting today, Japan... Read more
Dollar Dips On Weak ADP Jobs Data; Markets Await FOMC Outcome
Dollar weakens slightly in early US session, as dragged down by disappointing ADP private sector job data. Despite thi... Read more
CPI Miss Drives Aussie Down, Dollar Sees Modest Rise Pre-FOMC
Australian Dollar encountered significant headwinds in today’s Asian session, weighed down by the latest Australian ... Read more
Euro Recovers As Recession Dodged In Eurozone, Aussie Softens Ahead Of CPI
Euro recovers broadly today, as lifted by GDP data that indicated the Eurozone economy has narrowly averted a technica... Read more
Dollar Declines As US Stocks Reach New Record, But Euro Even Weaker
Dollar declined broadly overnight, US Treasury’s borrowing plan for Q1 that spurred rally in the stock market, prope... Read more
Euro Weakens On Prospects Of Early ECB Rate Cut
Euro weakens broadly today amid signals from ECB officials that a rate cut cycle could commence in June, or even earli... Read more
Forex Markets In Slow Motion: Anticipation Builds For Fed, BoE And Crucial Economic Data
Tentative risk-on sentiment is perceptible in Asian session, as Japan’s Nikkei rallied with energy shares lifted by ... Read more
A Week Of Contrasts: US Resilience, Hawkish BoJ, ECB Cut Speculations, Chinas Reversal
The past week in the financial markets was a blend of the anticipated and the unforeseen, creating a cloud of indecisi... Read more
Dollar Down Mildly After Core PCE Miss, Ready For Breakout?
Dollar falls mildly in early US trading hours, following the release of core PCE inflation data which indicated a slig... Read more
Subdued Trading Continues, Euro Falters As Markets Await US PCE Inflation
The subdued trading in the forex markets observed through the week continued in today’s Asian session. Despite numer... Read more
Risk Sentiment Revives On Strong US GDP, Euro Holds Its Ground Against Dollar Post-ECB
Commodity currencies bounce in early US session, spurred by unexpectedly robust US GDP data that has invigorated stock... Read more
US Stocks Begin Profit-Taking As Investors Eye GDP; ECB Rate Decision Also Awaited
Range trading continues in most major pairs and crosses for the week so far. Dollar’s selloff was relatively short-l... Read more
Sterling Rises Following Encouraging UK PMI Data, Dollar Weakens Across The Board
Sterling rises notably against Euro and Dollar today, buoyed by encouraging UK PMI data that pointed to a strong start... Read more
Forex Markets Hesitant, Eurozone And UK PMIs, BoC In Focus
The forex markets are currently extending a phase of indecision. Dollar, after briefly rallying against Euro and Swiss... Read more
Forex Markets Lack Clear Theme; Yen Rebounds Briefly, EUR/GBP Resumes Downtrend
Identifying a singular driving theme proves challenging In today’s forex market. Japanese Yen made an attempt to reb... Read more