MARKET UPDATE
Asia FX surges as dollar plumbs. Most Asian currencies rose sharply on Tuesday as easing concerns over higher U.S. interest rates spurred heavy losses in the dollar, with focus now…
Asia FX surges as dollar plumbs. Most Asian currencies rose sharply on Tuesday as easing concerns over higher U.S. interest rates spurred heavy losses in the dollar, with focus now…
Oil futures rose more than $1 on Monday, extending gains on the prospect of OPEC+ deepening supply cuts to shore up prices after four weeks of decline on demand worries.…
Here is what you need to know about the important news between November 20th, 2023, and November 24th 2023, where we take a look at the economic data, market news…
Dollar beaten to over two-month low. The dollar slid to a two-month low on Monday, extending a downtrend from last week as traders reaffirmed their belief that U.S. rates have…
Asia FX muted, dollar set for weekly drop. Most Asian currencies moved little on Friday after strong gains earlier this week, while the dollar headed for a sharp weekly fall…
Cisco (NASDAQ:CSCO) tumbled 11% on Thursday after cuts to its annual forecasts raised fears that excess inventory with customers was sapping new orders in its mainstay networking equipment business. The…
Asia FX dips, dollar recovers. Most Asian currencies weakened on Thursday, tracking a recovery in the dollar as stronger-than-expected U.S. retail sales data brewed some uncertainty over the path of…
Asia FX weakens, dollar moves higher. Most Asian currencies crept lower on Tuesday, while the dollar clocked small gains before key U.S. inflation data that is expected to determine the…
Here is what you need to know about the important news between November 13th, 2023, and November 17th, 2023, where we take a look at the economic data, market news…
Higher US yields hurt Asia equities. A tick up in U.S. Treasury yields on Monday helped send the dollar to a fresh one-year high against the yen, while scuppering an…
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, dollar strong. Most Asian currencies moved in a flat-to-low range on Friday, while the dollar held on to recent gains as comments from Federal Reserve officials saw…
Asia FX muted as China disinflation weighs on sentiment. Most Asian currencies moved little on Thursday as disappointing inflation data from China weighed on sentiment, while weakness in the Japanese…
Asia FX muted, dollar rebounds. Most Asian currencies kept to a tight range on Wednesday, while the dollar maintained a recent rebound after several Federal Reserve officials warned against betting…
Oil prices hit fresh 2-1/2-month lows on Tuesday as mixed economic data from China offset the impact of Saudi Arabia and Russia extending output cuts. Brent crude futures were down…
Asia FX sinks on Fed. Most Asian currencies fell on Tuesday as a warning from Federal Reserve officials and signs of more economic headwinds for China dented sentiment, while the…
Here is what you need to know about the important news between November 06th, 2023, and November 10th, 2023, where we take a look at the economic data, market news…
Asia FX gains, dollar at 6-week low. Most Asian currencies strengthened on Monday, while the dollar hovered near six-week lows as softer-than-expected U.S. payrolls data and less hawkish signals from…
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 slips as traders bet Fed done with rate hikes. The dollar eased on Friday and was on course for a weekly decline against a basket of currencies as traders…