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…
Yen Outperforms, Dollar Lower as Risk-Off Sentiment Prevails
Summary: The Yen led all currencies higher against the beleaguered US Dollar following the Fed’s 4th rate hike this year. Investors chose to focus on Jerome Powell’s post-FOMC meet speech where he highlighted “downside risks…
Dollar Little-Changed into Fed’s Last Meeting and Yields…
Summary: The Dollar finished mixed against its Rivals, little-changed ahead of the Fed’s final meeting for the year. Most traders expect the US central bank to hike the Fed Funds rate by 0.25%. However, bets…
Pound Roars Back, PM May Survives Leadership Challenge
Summary: The British Pound roared back in typical fashion as UK Prime Minister May survived a crucial leadership challenge. After plummeting to a fresh low not seen since April 2017 (1.2477), Sterling jumped to finish…