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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…
Kiwi Nosedives on RBNZ’s Dovish Thrust, Bond Yields…
Summary: The RBNZ became the first of the G10 central banks to flag a rate cut, abandoning its neutral policy which caught traders by surprise. The Kiwi nosedived 100 pips (0.6905 to 0.6805) immediately after…
Dollar Rebounds; Rival Global Yields Tumble, US Data…
Summary: The Dollar rebounded a day after a dovish Fed abandoned plans to hike rates this year which jolted the US currency. The Dollar Index (USD/DXY) made back it’s loses finishing up 0.52% to 96.425…
Many Headlines, Little Movement – Dollar Grinds Lower…
Summary: The Dollar slipped against its Rivals on Friday after initially climbing ahead of a long US weekend to celebrate President’s Day today. The Euro took a hit to the chin, falling to 1.1234 November…
Dollar, Stocks Climb, Yields Firm; Optimistic Trade Talk…
Summary: Equities rallied while the US Dollar climbed to end with its first weekly gain since December 14. The scheduled Washington trip of Chinese Vice Premier Liu He on January 30 fuelled optimism on talks with…
Dovish Fed Minutes, Trade Optimism, Shutdown Push Dollar…
Summary: December FOMC Meeting minutes revealed dissension amongst members on the rate hike and reinforced the Fed’s cautious approach to further tightening. Trade optimism remained as China and the US extended talks for the third…
Stocks Jump Following Steep Losses in Wild Session,…
Summary: “Oh, what’s going on, what’s going on?” Marvin Gaye’s 1970 lyrics entered my head as I logged into my trading platform. The S&P 500 had slumped over 2% following yesterday’s furious rally only to…