Investors appear to expect a dovish statement today from US Federal Reserve Chairwoman Janet Yellen , i.e. a ‘Goldilocks’ not-too-fast, not-too-slow approach to monetary policy...
Trump Jr email release led broad USD weakness and risk-aversion extended into Asia on Wednesday, with the Yen’s recovery gaining momentum into a second day versus its American counterpart...
EUR/USD rallied to 1.1480 on Tuesday and extended gains to a 14-month high of 1.1484 in the Asian session today as the German bond yields resumed the rally, while the treasury yields underperformed on talks of Fed rate rise pause...
The USD/JPY pair lost nearly 50 pips in a matter of minutes after Donald Trump Jr. tweeted out an e-mail chain where Russians offered him information on Hillary Clinton that could help the Trump campaign. The pair quickly fell from 114...
The US dollar fell across the board, particularity against European currencies and the yen, after Donald Trump Jr. released emails between him and Rob Goldstone, regarding the involvement of Russian officials in the campaign. Donald Trump Jr...
The EUR/GBP cross traded with negative bias through early NA session on Tuesday, albeit has managed to bounce off lows and is currently trading in neutral territory around mid-0.8800s...
The single currency alternates gains with losses vs. the buck on Tuesday, taking EUR/USD to meander within a narrow range around 1.1400 the figure. EUR/USD cautious ahead of Yellen The pair stays almost unchanged around the 1...
The Bank of Japan looks likely be the only major central bank that will not to raise its interest rates this year. This is one great reason why investors are staying away from the JPY. The yen keeps just keeps on falling...
EUR/CHF finally managed to break somehow the 1.10 resistance to the upside yesterday. However further gains are needed to clear the way towards 1.11...
That is a good news for the Bank of Japan, investors are estimating the likelihood of another US rate hike much higher which is driving the yen currency lower. The US ZIRP (zero-interest rate policy) seems to approach to an end. The rate differential between the US yields should then increase...
On Friday, the US jobs report showed that the pace of job creation bounced back in June and addressed investors’ concerns after a worrying slump in May. The US economy added 222k nonfarm jobs in June compared to an upwardly revised figure of 152k in the previous month...
The USD/JPY pair held on to its gains beyond the 114.00 handle, albeit has retreated few pips from fresh two-month tops touched in the past hour...
The coming week will be extremely light with respect to scheduled risk events. At its July meeting, UBS Chief Investment Office (CIO) expects the Bank of Canada to either hike or prepare markets for a rate hike later in the year...
Markets have hit a reflection point on central banks' reflation trade. Perhaps reflation is not the correct term since policy makers are not waiting for inflation to reach satisfactory levels but rather are using the solid economic outlook to unwind extreme policy measures...
The opening of the G20 meeting today will most likely be completely sidelined by financials since, as usual, no key decision will be taken there. Maybe we’ll get some action should Donald Trump make another incredible declaration that only he knows how to make...
After testing the 113 handle in the early NA session, the USD/JPY pair started to retrace its losses on the back of better-than-expected non-manufacturing business activity reports from the U.S. At the moment, the pair is trading at 113.25, only a few pips below its opening level...
The wires continue to push rising geopolitical tensions and for good reason. Between the US Ambassador to the UN Nikki Haley's harsh warning to countries enabling trade with North Korea and US President Trump’s aggressive tweets against China, it feels as if rhetoric has reached a new high...
Here’s the market outlook for this month: Content courtesy of Tallinex Limited https://www.tallinex.com GOLD (XAUUSD) Dominant bias: Bearish From a high of 1295...
