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…
Italian Woes Hurt European Equities, UK Economy Takes…
European market closes the week on disappointing note over data and Italian political scenario driven momentum. US & Canadian data in focus for short term profit opportunities. Summary: Global equity markets are seeing dovish picture…
Yen at 2 Week Highs, Pound Breaks Below…
Asian indices finished mixed today as investors turn cautious after better NFP data from the USA last Friday and increased trade tensions around the globe. The Nikkei225 finished 0.14 percent higher at 21,565 the Hang…
Yen Outperforms, Dollar Climbs Off Lows, Ends Little-Changed
Summary: The Yen outperformed, rising 0.3% against the US Dollar as fears of a global recession resurfaced. The IMF downgraded its outlook on the global economy while the Trump administration threatened tariffs on the European…
Equities Bleed Across Asia & Europe, Mixed Macro…
[caption id="attachment_330306" align="alignleft" width="236"] Mark Carney, Governor of the Bank of England[/caption] Dovish cues from US Wall Street and disappointing Chinese macro data caused equities to bleed, macro data from EU was positive but does…
Dollar Climbs on Risk Appetite Build, Scorns Disappointing…
Summary: The Dollar rallied on Friday, surging against the Yen despite disappointing US Manufacturing PMI and Personal Spending data. Market’s risk appetite improved following upbeat China Caixin Manufacturing PMI (49.9 vs forecasts of 48.5) and…
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…