Tag: Forex

EUR/USD falls down below 1.1300, returning to pre-NFP levels. On Monday, the EUR/USD reverted to, or even slightly below, its pre-US labor market data levels, where it traded last Friday, and has recently slipped below the 1.1300 handle. To summarize, the latest US labor market report showed a lower-than-expected headline payroll gain in December but […]

European Forex news roundup: USD/JPY falls from highs as Treasury rates remain unchanged The latest forex news from the European market session on January 5, 2022. The market is still contemplative as we await US ADP statistics and the FOMC meeting minutes later today. European stocks are holding steady with modest increases, while US futures […]

Asian shares sank on Wednesday and bonds rallied as investor sentiment soured over growing worries about world growth with trade tensions between Washington and Beijing showing no signs of easing. In Asia, focus remains on the ongoing Sino-U.S. trade war. U.S. President Donald Trump said on Monday that Washington was not ready to make a […]

Asian shares hovered near seven-month highs early on Wednesday as global investors paused for breath after the strong rally seen earlier this week, while oil approached the key $70 per barrel mark. Asian Shares MSCI’s broadest index of Asia-Pacific shares outside Japan was up less than 0.1 percent early in the Asian trading day. Australian […]

Forex – Dollar hit a two-week high against the yen on Tuesday, as ebbing concerns about the global economy pushed U.S. bond yields up from 15-month troughs. The greenback was steady at 111.37 yen after touching 111.46, its highest since March 20. The 10-year Treasury yield traded at 2.492 percent, pulling back from a 15-month low […]

Forex – Dollar: On Thursday the dollar was slightly stronger in early trading in Europe. Signs of global economic weakness push a retreat from riskier assets. British pound is stead after a flurry of voting on Brexit. However, there is no clarity about the UK’s ultimate destination. The U.K.’s House of Commons voted against all eight […]

The pound rallied in early European hours on Tuesday after British Prime Minister Theresa May secured last-minute changes from the European Union for her Brexit deal before a crucial vote in parliament later in the day. The pound was up 0.6% at $1.3230, taking its gains over two days to more than 1.5%. The euro slipped to its lowest against the pound […]