MARKET UPDATE
Asia FX muted amid debt ceiling woes Most Asian currencies struggled for direction on Monday as markets awaited more cues on raising the U.S. debt ceiling, while the dollar retreated…
Asia FX muted amid debt ceiling woes Most Asian currencies struggled for direction on Monday as markets awaited more cues on raising the U.S. debt ceiling, while the dollar retreated…
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…
Asia FX muted as dollar hits 2-month high Most Asian currencies moved in a flat-to-low range on Friday, coming under pressure from a stronger dollar following several hawkish cues from…
Asia FX muted as dollar firms, Chinese yuan sinks to 5-month low Most Asian currencies moved little on Thursday and the dollar scaled seven-week peaks on optimism on raising the…
Gold prices moved little in Asian trade on Thursday, reeling from steep losses this week as markets awaited more cues on the U.S. economy and monetary policy, while copper prices…
Asia FX weakens Asian currencies fell further on Wednesday, while the dollar steadied amid hawkish comments from Federal Reserve officials, while concerns over slowing economic growth saw the Chinese yuan…
Here is what you need to know about the important news between May 15th 2023 and May 19th 2023, where we take a look at the economic data, market news…
Dollar slips from near five-week high The U.S. dollar edged lower in early European trade Monday but remained near a five-week high on inflation concerns, while the Turkish lira retreated…
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…
Oil struggles to recover as economic outlook darkens Oil prices fell further on Friday after wiping out all of their gains for the week, as disappointing economic signals from China…
Australia’s Trade Minister arrived in Beijing on Thursday, where he will meet his Chinese counterpart, as Canberra pushes for the removal of all trade impediments and diplomatic relations stabilise. Trade…
Oil prices climb on positive US fuel demand data Oil prices bounced back on Thursday after dropping by more than a dollar a barrel the previous day, supported by stronger…
Asia FX muted, dollar steadies as inflation data looms Most Asian currencies moved in a flat-to-low range on Wednesday, while the dollar steadied amid caution before key U.S. inflation data…
Oil prices ease in cautious trade ahead of U.S. inflation data Oil prices fell on Tuesday, relinquishing some of the strong gains in the previous two sessions while the market…
Here is what you need to know about the important news between May 8ths 2023 and May 12th, 2023, where we take a look at the economic data, market news…
Dollar under pressure as traders wait on loans data The dollar began the week under pressure on Monday, with traders betting it might have peaked along with U.S. interest rates…
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…
Asia FX rises, Dollar retreats ahead of nonfarm payrolls Most Asian currencies advanced on Friday, capitalizing on sustained weakness in the dollar as markets bet on a potential pause in…
The U.S. dollar retreated in early European trade Thursday, continuing the previous session’s selloff after the Federal Reserve signalled a pause to its year-long tightening cycle after its latest interest…
Asia FX firms, dollar slides on bets of Fed pause Most Asian currencies strengthened on Thursday, while the dollar extended steep overnight losses as a warning on economic growth and…