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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…
Dollar Little-Changed, US Bond Yields Extend Drop on…
Summary: The Dollar ended little-changed against its main rivals as US Treasuries rose and yields fell. Wall Street stocks broke their steep fall and stabilised with no further bad news on the China-US trade spat.…
Dollar Gains as Rivals Tumble, German Jobless Rise…
Summary: The Dollar grinded higher as global rivals tumbled, with the trade war effects being felt by their economies. A popular index which tracks the Greenback against the Euro, Sterling, Yen and 3 other rivals…
USD/JPY Rebounds as Trade Tensions Ease and Risk…
Summary: Signals from US President Trump that trade tariff wars with China may abate soon saw risk sentiment steady. Officials from both countries said they would continue their trade negotiations. USD/JPY rebounded, up 0.4% to…
The “Emperor” (China) Strikes Back, AUD, CNY Slump
Summary: China struck back at the US after trade talks in Washington failed and the battle between the two nations intensified. Beijing announced fresh tariffs of up to 25% on US$ 60 billion of US…
China, US Ready for Trade Clash, Volatility Here…
Summary: Markets prepared for an all-out trade war as the US officially increased tariffs on US$200 billion of Chinese imports. Ongoing trade talks in Washington DC between the two protagonists provided no break-through. The Dollar…
Trade War Fears Boost Yen, Volatility Index (VIX)…
Summary: Growing fears of a trade war between China and the US boosted the Yen while the VIX Volatility Index soared as much as 25%. Risk appetite took a hit when President Trump and announced…
China’s manufacturing activity figures disappoints, Brexit front returns
Asian stocks finished mostly lower today after China’s manufacturing activity failed to meet expectations and U.S.-China trade talks resumed. The Hang Seng benchmark in Hong Kong finished 0.66 percent lower at 29,697. Japanese markets are…
Higher US Yields Boost Dollar, Euro, Pound, EM’s…
Summary: Higher US bond yields boosted the Dollar despite a decline in Industrial Production. The benchmark US 10-year yield climbed 3 basis points to 2.59%, back to March 20 pre-FOMC levels. The Euro retreated to…