.gif)
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 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…
Sterling Sinks Further on No-Confidence Vote Talk, Dollar…
Summary: Sterling drove lower hit by reports that lawmakers had the numbers to trigger a no-confidence vote on PM May’s leadership. The Pound opened at 1.2480, fresh 20-month lows. Tensions between China and the US…
US Ten-Year Bond Yield Drops Anew, Yen, Euro,…
Summary: The benchmark US 10-year bond yield extended its epic drop by another 4 basis points to 2.87% from 2.91% yesterday. Barely a week ago, the 10-year yield was sitting at 3.05%. Futures traders now…
Markets Reverse, Trump’s Tariff Talk – “A Damp…
Summary: “What a difference a day makes”.. Manic Monday’s euphoric risk-on mood reversed. Markets saw no meaningful progress on the China-US trade negotiations. Wall Street plummeted, dragging global equities lower. The Dow sank 2.28%, the…
US Dollar, Stocks, Bonds Rally – US 10-Year…
Summary: Stocks, bonds, and the US Dollar rallied into the G20 weekend leaders meeting in Buenos Aires. At the meeting’s conclusion, US President Trump and China’s Xi Jinping agreed not to impose additional trade tariffs…