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…
Two individuals Heard their Nominations for Securities and…
Two individuals heard their nominations for the Securities and Exchange Commission (SEC) chairs in the US Senate. The Senate Committee on Banking, Housing, and Urban Affairs, also known as the Senate Banking Committee, held a…
EU Meet Extends Over Recovery Plan, EUR Could…
Summary: The Dollar finished the week lower against its rivals in dull trading on Friday even as the total death toll in the US topped 140,000. Daily new cases continued to rise in 43 out…
Dollar Stumbles, Gold Jumps to Nine Year Highs,…
Summary: The Dollar stumbled, hitting 2-week lows as Gold jumped to highs not seen since 2011 (USD 1,818.). The yellow metal continued its grind higher as interest rates remain low in the current monetary expansion.…
Virus Resurgence Fears Lift Dollar, Belt Emerging FX,…
Summary: Risk-On turned to risk-off in both stock and FX markets on growing fears of ever-rising Covid-19 infections globally. New cases in the US rose further with large parts of the US reporting tens of…
FX Dozes, Confined to Narrow Ranges; US Coronavirus…
Summary: Currencies were confined to narrow ranges on Friday with US markets closed in observance of America’s Independence Day. The Dollar Index (USD/DXY) a favoured gauge of the Greenback against a basket of 6 major…
Unabated Global Pandemic Rise Roils Risk, Dollar Climbs,…
Summary: Breaking news from Channel News Asia this morning that China imposed a strict lockdown in Hebei province to contain a fresh Covid-19 cluster yesterday will see a choppy start to trading in Asia today.…