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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…
Chinese Yuan Climbs as US Demands “Stable” Currency,…
Summary: The Chinese Yuan climbed to 3-week highs, up 0.6% to 6.7150 (6.7450) against the Dollar as the US pressed for a stable CNY as part of a trade deal. Emerging Market currencies extended yesterday’s…
Sterling Firms Ahead of Parliamentary Vote, Risks Remain
Summary: Sterling firmed ahead of a crucial Parliamentary vote where any number of scenarios could see extreme volatility in the British currency. PM Theresa May urged British lawmakers to give her deal another look. Recent…
Euro Falls, Yuan, Aussie Climb, Dollar Ekes Out…
Summary: The Dollar Index (USD/DXY) ended with mild gains as the Euro slipped to 1.1465 (1.1502) after failing to break topside technical resistance. US consumer prices fell for the first time since April, and below…
Dollar Finds a Bid, Powell Says Fed to…
Summary: Fed Chair Jerome Powell said that the Fed intends to further shrink the balance sheet, implying that the Fed is not yet done with hiking interest rates. At the same time Powell reiterated that…
Dollar Rebounds Off Lows, Aussie, Yuan, EM, Asian…
[caption id="attachment_324288" align="alignnone" width="1514"] Trading View CBOE VIX (Volatility Index) Chart - 12/24/2018[/caption] Summary: The US Dollar bounced off its lows amid persistent investor fear even as Wall Street stocks extended their slump to 17-month…