• USD up against JPY due to strong job data but lose to commodity currencies nevertheless • US Senate passed the $1.9 trillion stimulus package on Saturday • China’s National People’s Congress meeting...
• Global equity market ended on a sour note in February due to bond market rout • AUD drifted slightly lower given China’s disappointing PMI • Brazil central bank intervenes in FX as BRL slide deepens...
• Dollar managed to have some gains despite disappointing non-farm payrolls on last Friday • Fitch confirms rating ‘A’ for Japan with a negative outlook on economic recovery Global equities market rec...
USD heads for the best performing week in three months S&P 500 closed high as market cheers over improving employment situations GBPCAD rallies as BoE downplayed possibilities of negative inter...
Highlights: 1. U.S. Thanksgiving holiday on Thursday, with major economic indicators (Q3 GDP, new home sales, etc.) releasing on Wednesday 2. U.S. growth uncertainty, COVID cases, and global lockdowns...
Highlights: 1. U.S. October retail sales released with lower than expected level 2. RCEP trade deal likely overcome downbeat U.S. sentiment 3. Failing Treasury yields have likely further boosted Yen U...
Going into this week, price adjustments are happening for a number of markets, EURUSD, AUDUSD, US Stocks, XAUUSD to name a few. These seem to be the result of much needed adjustment to excess liquidit...