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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…
Trade, No Trade? China Cancels US Farm Tour,…
Summary: The Dollar traded within well-worn ranges with differing FX outcomes. A risk-off stance pervaded at the close of US markets on Friday, pushing Wall Street stocks and US yields lower. A Chinese trade delegation…
Dollar Ends Mixed, EUR, GBP, JPY Up, AUD,…
Summary: The Dollar finished mixed the day after a hawkish Fed rate cut and no policy changes from the Bank of Japan, the Swiss National Bank and the Bank of England. While the Dollar Index…
Euro Lifts, Dollar Dips, US Yields Drop Ahead…
Summary: The Euro lifted 0.6% to 1.1071 (1.1005) following upbeat German and Eurozone investor confidence readings. US treasury yields dropped on the eve of the Federal Reserve monetary policy meeting where policymakers are expected to…
Dollar Slips, Yields Fall, Brexit Fears Hound the…
Summary: The Dollar eased against most of its rivals following softer June Housing Starts and Building Permits data. Expectations that the Fed would lower interest rates led to a fall in US bond yields. Stronger-than-forecast…
Equities Rally on Dovish Central Banks
Asian indices finished higher today on dovish Central Banks ahead of Wednesday’s FOMC policy meeting. The Nikkei225 finished 1.72 percent higher to 21,333 the Hang Seng benchmark in Hong Kong, finished 2.29 percent higher at…
Markets Calm ahead of FED Policy Meeting
Asian indices finished higher today except for Nikkei ahead of Wednesday’s FOMC policy meeting and as trade worries resurface. The Nikkei225 finished 0.72 percent lower to 20,972, the Hang Seng benchmark in Hong Kong finished…
Gold Shines, Breaks above 1,354
Asian indices finished mostly lower as trade worries resurface and the attack in two oil tankers in Gulf of Oman weighing on traders sentiment. The Nikkei225 finished 0.40 percent higher to 21,116 and the Hang…
Equities Mixed as Chinese Cues Dictate Directional Bias,…
Summary: Global equity market is seeing mixed price action in the global market today. Lack of progress in Sino-U.S. trade talks, increasing awareness that trade deal between two parties is unlikely in the upcoming G20…