MARKET UPDATE
Euro bruised as inflation fears send safety-seeking investors to dollar The euro struggled to regain its footing on Thursday after tumbling overnight against a resurgent U.S. dollar, which benefited from…
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Oil Rises on Growing Concerns About Supply Tightness
Oil was up on Thursday morning in Asia as concerns about global supply tightness outweighed a build in U.S. gasoline and distillate inventories. Brent oil futures rose 0.36% to $112.84…
MARKET UPDATE
Dollar Gains on Soaring Yields; Sterling Slumps on Political Strife Oil prices gained for a fourth straight session on Wednesday with tight supply worries offsetting concerns about a weaker global…
MARKET UPDATE
Euro below $1.06 as Lagarde keeps July policy options open The Aussie and the Canadian dollar climbed on Tuesday on firmer oil prices while the euro held below $1.06 as…
WEEKLY ECONOMIC CALENDAR AHEAD
Here is what you need to know about the important news between June 27th, 2022, and July 1st 2022, where we take a look at the economic data, market news…
MARKET UPDATE
27/06/2022 Dollar Down over Recession Fears The dollar was down on Monday morning in Asia over recession fears following weakening U.S. consumer confidence. The U.S. Dollar Index that tracks the…
MARKET UPDATE
Dollar Edges Lower as Investors Weigh Powell Testimony The U.S. dollar slipped slightly on Friday, as investors remained cautious of the impact of tighter central bank policies around the world…
Oil heads for second weekly drop on recession fears
Oil prices slipped on Friday and were heading for a second weekly fall, as tight supply was overshadowed by concern that rising interest rates could push the world economy into…
WEEKLY MARKET RECAP: June 20 – June 24, 2022
Happy Friday, traders. Welcome to our weekly market wrap, where we look back at these last five trading days with a focus on the market news, economic data and headlines…
MARKET UPDATE
Dollar languishes as recession fears mount; yen bounces while won slides The U.S. dollar remained under pressure on Thursday as it looked set to extend declines against major peers to…
MARKET UPDATE
Dollar Gains Ahead of Powell’s Testimony; U.K. CPI Hits 40-Year High The U.S. dollar pushed higher in early European trade Wednesday with Fed Chair Jerome Powell expected to talk tough…
WEEKLY ECONOMIC CALENDAR AHEAD
Here is what you need to know about the important news between June 20th 2022 and June 24th 2022, where we take a look at the economic data, market news…
MARKET UPDATE
Dollar Soars Against the Yen After BOJ Stands Pat The U.S. dollar rose in early European trade Friday, posting strong gains against the Japanese yen after the Bank of Japan…
WEEKLY MARKET RECAP: June 13 – June 17, 2022
Happy Friday, traders. Welcome to our weekly market wrap, where we look back at these last five trading days with a focus on the market news, economic data and headlines…
MARKET UPDATE
Dollar Edges Higher After Fed; Sterling Weakens Ahead of BoE Meeting The U.S. dollar edged higher in early European trade Thursday, maintaining a positive tone as traders digested the Federal…
Emergency ECB meeting lifts Europe
European markets rallied on Wednesday on news the European Central Bank would hold an emergency meeting on the recent bond market sell-off ahead of what is expected to be the…
MARKET UPDATE
European Stocks Higher; Unscheduled ECB Meeting Boosts Sentiment European stock markets traded higher Wednesday, boosted by the announcement of an unscheduled European Central Bank get together ahead of a Federal…
MARKET UPDATE
Dollar stands tall as traders brace for Fed to go large The U.S. dollar stood just below a 20-year peak on Tuesday and just about everything else nursed losses as…
WEEKLY ECONOMIC CALENDAR AHEAD
Here is what you need to know about the important news between June 13th 2022 and June 17th 2022, where we take a look at the economic data, market news…
MARKET UPDATE
Dollar Up, Investors Looking to U.S. Inflation Data for Policy Cues The dollar was up on Friday morning in Asia ahead of U.S. inflation data and after the European Central…