USD was slightly higher on Friday morning, with the DXY Index currently hovering around 92.328, up about 0.09% since opening. The upward momentum primarily comes from investors’ reactions to the lates...
USD was up on Thursday in Asia, as the Fed Vice Chair Richard Clarida commented on Wednesday that, conditions for an interest rate hike could be met in late 2022 or early 2023. Moreover, Clarida also ...
AUD continues its upswing on Tuesday as RBA concluded its meeting with the decision to taper its bond purchases. The current scale of AUD 5 billion per week will be reduced to AUD 4 billion per week. ...
USD turned slightly weaker against JPY and CHF on Tuesday after soft manufacturing data being released. Latest PMI shows that US manufacturing growth has been slowing down for the second straight mont...
This week, we will have two key events coming up. The first is nonfarm payrolls from the US, and the second is RBA’s rate decision in Australia. The US economy is still missing about 4 million jobs to...
USD descended to its one-month low on Thursday, continuing the downward trend after the Fed commented that the job market still needed some time to fully recover. Aside from the decision to wait longe...
After having plunged heavily for two days, Asian shares finally managed to bounce back on Thursday, as the Fed seems to be in no rush to taper the stimulus. Investors are betting that Beijing will not...
Chinese stocks overnight witnessed heavy losses for two days in a row. Today morning APAC stocks were also mostly down, including the stocks in Japan, South Korea, Hong Kong, and Australia. Last Satur...
Bitcoin traded above $40,000 overnight but soon descended to $36,955 on Tuesday morning. Despite the quick decline, it was the first time since June that it breached $40,000. Recent news has disclosed...
Tokyo 2020 Olympics has successfully opened. As we watch the first Olympic Games without crowds, Japan’s economic activity has released some unpromising data. In July, Japan’s factory activity expande...