USD traded lower overnight against major counterparts especially EUR, pressured by the big misses from the labor market. Data from ADP shows that private payrolls added only 374k in August, much lower...
New Zealand released its ANZ Business Confidence figure on Monday. The August reading landed at -14.2, sharply down from the -3.8 in July. However, despite the gloomy business confidence, NZDUSD has b...
USD currently hovers around its two-week low around 92.60 at press time. Investors are looking ahead to this Friday’s non-farm payrolls. Last week the Fed Chair Powell has commented that employment mo...
USD slid on Friday after Fed Chair Powell gave a speech at Jackson Hole symposium. The speech indicated that tapering would start by yead end, which, however, was not as fast as the market previously ...
The real-time game watching has finished and thanks for your support. The result of the match will be announced on 10 Sep. on our website, so don’t miss it! The dream big match has started! An F...
Industrial firms’ earnings in China slowed for the fifth month in a row, adding to growing evidence of a loss in economic momentum. Rising prices of raw materials, supply chain constraints due to extr...
Oil prices fell on Thursday for the first time this week. US oil was down 50 cents at $67.86 per barrel. The US Energy Information Administration reported that the crude oil inventories fell for the t...
As we move into the middle of the week, investors are looking at the Fed’s annual economic symposium at Jackson Hole. This year the meeting will be held online due to COVID. The US economy is heating ...
Bitcoin once again topped $50,000 on Sunday but quickly dropped below it. Currently, it has managed to regain some strength and came back to $49,645. It was the first time in 3 months that it reached ...
USD retreated from its 9-month high on Monday against its major counterparts. The uplift has been primarily supported by the positive sentiment from rising base metal prices. China, the world’s top ba...