MARKET UPDATE
Dollar rides Treasury yields higher, yen closes in on key 150 level The dollar loomed over major peers on Thursday as Treasury yields peaked at multi-year highs, while the yen…
Dollar rides Treasury yields higher, yen closes in on key 150 level The dollar loomed over major peers on Thursday as Treasury yields peaked at multi-year highs, while the yen…
Japanese Finance Minister Shunichi Suzuki on Thursday vowed to take “appropriate steps” against excessive currency market volatility, renewing his threat of intervention as the yen slides to a 32-year low…
Asian shares dragged lower by China, UK inflation on radar Asian shares were mixed on Wednesday, with investors cautious on China amid the ongoing Party Congress, while European markets are…
New Zealand Dollar Jumps 1% as Rising Inflation Spurs Rate Hike Bets The New Zealand dollar jumped on Tuesday after inflation for the third quarter blew past expectations, driving up…
Oil Rises as OPEC+ Members Voice Support for Supply Cut Oil prices rose on Monday, recovering some of last week’s losses as more OPEC+ members expressed support for a recent…
Here is what you need to know about the important news between October 17th 2022 and October 21st 2022, where we take a look at the economic data, market news…
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…
The question of how, when and whether to cap gas prices is set to dominate another meeting of European Union countries on Wednesday, as they pursue a joint plan to…
British Pound Rebounds on Report of Extended BoE Bond Buying The British pound rebounded in Asian trade on Wednesday after a report said that the Bank of England signalled to…
Dollar gains as geopolitical worries, rate hike fear rattle market The dollar hit multi-year highs on Tuesday against the risk-sensitive Aussie and Kiwi dollars and the yen hovered near the…
Asia FX Pressured by Hawkish Fed Fears, Dollar Steady Most Asian currencies crept lower on Monday, while the dollar steadied amid growing fears of more hawkish moves by the Federal…
Here is what you need to know about the important news between October 10th 2022 and October 14th 2022, where we take a look at the economic data, market news…
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…
Indian Rupee Hits Record Low of 82 as Rising Oil Prices Weigh The Indian rupee hit a record low against the dollar on Friday as rising oil prices, corporate dollar…
Asia FX Recovers, But Hawkish Fed Caps Gains Most Asian currencies recovered from recent losses on Thursday as pressure from the dollar and Treasury yields eased slightly, although hawkish signals…
Concerns over tight oil supplies and soaring inflation have intensified after the OPEC+ group of nations announced its largest supply cut since 2020 ahead of European Union embargoes on Russian…
Oil prices edge higher ahead of OPEC+ meeting to discuss supply cuts Oil prices edged up on Tuesday as expectations that OPEC+ may agree to a large cut in crude…
Here is what you need to know about the important news between October 3rd 2022 and October 7th 2022, where we take a look at the economic data, market news…
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…
Dollar Edges Lower; Sterling Bounces After GDP Surprise The U.S. dollar edged lower in early European trading Friday as sterling and the euro stabilized near one-week highs, helped by intervention…