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…
Equities Recover on Trade Optimism Ahead of G20…
Trade optimism on headlines driven momentum support market bulls, but caution lingers on update from China. Traders now await US GDP update for short term profit opportunities. Summary: Global equities are seeing positive price action…
Mexican peso battered after Donald Trump announced new…
Asian indices finished lower for one more day as President Trump vowed to impose a 5% tariff on Mexican imports until that country stops immigrants from entering the U.S. illegally. The Nikkei225 finished 1.63 percent…
Sterling at Four-Month Lows
Asian markets finished mixed today amid global politics and geopolitical uncertainty. The Nikkei225 finished 0.05 percent lower to 21,283, the Hang Seng benchmark in Hong Kong finished 0.04 percent lower at 27,647. The Shanghai Composite…
GBPUSD in search for support, Bears control EURUSD
Asian markets finished lower today amid global politics and geopolitical uncertainty. The Nikkei225 finished 0.14 percent lower to 21,272; the Hang Seng benchmark in Hong Kong finished 0.10 percent lower at 27,756. The Shanghai Composite…
ASX200 closed to fresh 11.5 year high after…
Asian markets finished mixed today as Japan's 1Q Gross Domestic Product came at 0.5% better than economist’s estimates of 0.0%. Meanwhile, Trump threatens Iran in a tweet: "... that will be the official end of…
Pound breaches 1.28 as the no deal Brexit…
Asian markets finished mixed today as China responded with a firm message that it does not want to sit down to negotiate so long as the US remains 'insincere' in trade talks. The Nikkei225 was…
ECB on the Spotlight, USDCAD Breaks Higher
Asian indices finished mostly lower today following a downbeat session in Wall Street. With trade negotiations frontier quiet, traders will turn their attention to Europe and focus on the monthly decision on interest rates by…
Asian Stocks Ended the day Bearish
Asian stocks finished the day lower as the U.S. Justice Department yesterday brought charges against Huawei Technologies Co. alleging that it stole trade secrets from an American rival and committed bank fraud by violating sanctions…