USD surged for the fourth consecutive day to the one-year high against major currencies. The strength of the USD primarily came from the expectations that tapering would start in November. An interest...
USD surged to its highest point in 10 and a half months, mainly supported by the rising Treasury yields. Investors are looking ahead to the Fed’s plan to reduce the asset purchases, previously implied...
German center-left Social Democrats (SPD) claimed victory in the parliamentary election. SPD has taken the biggest share of the vote, gaining 2% ahead of the center-right Christian Democrats. However,...
US Speaker of the House Nancy Pelosi said on Sunday that the $1 trillion infrastructure bill will get voted on Thursday. The group that is against the bill insists that it must be held back until the ...
Japan’s consumer prices stopped falling in August, and it was the first time in 13 months. Prices excluding fresh food were unchanged on a yearly basis, in line with expectations. Despite the producer...
As the Fed concluded its meeting on Wednesday, tapering has not been announced. However, it hinted that “a moderation in the pace of asset purchases” may happen soon. Powell added that tapering could ...
USD eased slightly from its one-month high as investors waiting cautiously for updates from the Fed’s meeting. Moreover, solvency uncertainty also surrounds the global financial market. Beijing so far...
Offshore Chinese Yuan (CNH) weakened by -0.17% against USD, dropping to its lowest level in a month. Investors are worried about the real estate developer Evergrande’s solvency issues. For investors o...
USD reached its three-week peak on Friday, primarily supported by the higher-than-expected retail sales data on Thursday. DXY Index is still trading above the 93-level at press time. Business sentimen...