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OANDA, New York based forex trading serving provider recently revealed in an announcement that it has made a new addition to its APAC region senior level leadership team. As per statement released by the firm…
European Equities Positive, Further Headlines on Sino-U.S. Trade…
Despite caution on escalating trade war tensions between China and U.S. optimistic comments from China and US helped improve risk appetite influencing positive activity in European markets. Summary: Major equities and indices in US Wall…
Dollar Eases, Long Bets Start to Tire, Euro,…
Summary: The Dollar eased against most of its Rivals ahead of this week’s ECB policy meeting and FOMC minutes release. Traders pared their long USD bets after the Greenback failed to gain fresh ground following…
Statement by Philip Lowe, Governor: Monetary Policy Decision
At its meeting today, the Board decided to leave the cash rate unchanged at 1.50 per cent. The global economy grew above trend in 2018, although it slowed in the second half of the year. The slower…
Australian Dollar Tumbles in Choppy Trade as China…
Summary: The Australian Dollar saw a sharp reversal in choppy trade, tumbling 1.25% to 0.7083 (0.7168 yesterday) and finish as worst performer among the Majors. A stellar Australian Employment Gain of 39,100 Jobs (vs forecast…
Equities Trade in Green While Forex Trades Mixed…
Headlines driven momentum on border wall deal which drove price action in Wall Street inspired positive action in global equities, but Dollar’s strength capped gains in Forex market. Summary: Prevalent risk appetite in broad market…
Global Markets Trade in Red On Caution Over…
Disappointing Chinese macro data influenced global equity and forex markets on dovish price action which is expected to continue until tomorrow’s Brexit vote is concluded. Summary: Asian market today opened on positive note following a…
Statement by Philip Lowe, RBA Governor: Monetary Policy…
At its meeting today, the Board decided to leave the cash rate unchanged at 1.50 per cent. The global economic expansion is continuing. A number of advanced economies are growing at an above-trend rate and unemployment rates…
Statement by Philip Lowe, Governor: Monetary Policy Decision
At its meeting today, the Board decided to leave the cash rate unchanged at 1.50 per cent. The global economic expansion is continuing. A number of advanced economies are growing at an above-trend rate and unemployment rates…