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USD/CNH

OANDA

David Grant Appointed as OANDA’s APAC COO

Industry NewsDecember 06, 2019

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…

Forex-analysis

Chinese Yuan Climbs as US Demands “Stable” Currency,…

Market NewsMarket News - Asia OpenFebruary 21, 2019

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…

Theresa-May

Sterling Firms Ahead of Parliamentary Vote, Risks Remain

Market NewsMarket News - Asia OpenJanuary 15, 2019

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…

Dollar

Euro Falls, Yuan, Aussie Climb, Dollar Ekes Out…

Market NewsMarket News - Asia OpenJanuary 14, 2019

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

Dollar Finds a Bid, Powell Says Fed to…

Market NewsMarket News - Asia OpenJanuary 11, 2019

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

Dollar Rebounds Off Lows, Aussie, Yuan, EM, Asian…

Market NewsMarket News - Asia OpenDecember 24, 2018

[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…

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