The USD maintained a steady course yesterday against a basket of its counterparts despite the positive market sentiment. Market focus seems to be concentrating around ECB’s interest rate decision...
GBP strengthened yesterday as risks surrounding a hard Brexit seem to be fading away yet corrected lower later on. The Queen approved the no no-deal Brexit law yesterday practically strengthening...
EUR was on the retreat on Friday, ahead of the ECB meeting, as markets expect policymakers to provide fresh stimulus for the area’s economy. There seem to be heightened expectations about a...
We expect next week to begin rather troublesome as the effects of the NFP release and Jerome Powell’s speech may still surround the USD. The US-Sino relationships may be entering a new phase,...
The USD strengthened yesterday at some point, as financial data revealed that the US economy may be in a better shape than expected. Private payrolls, Factory orders and the ISM non manufacturing...
The pound rallied yesterday as the UK Parliament defeated the government in a vote to block a no deal Brexit scenario. The blocking passed into law with a 327 to 299 majority, once again...
The USD weakened as the ISM manufacturing PMI indicated a contraction in the economic activity of the US manufacturing sector. The indicator’s reading for August, dropped below the reading of 50.0...
The pound weakened against the USD yesterday and during today’s Asian session as the political crisis in the UK deepened further. The sterling dropped considerably on Monday as media reported that...
JPY strengthened somewhat during today’s Asian session, as the US tariffs on imports from China kicked in on Sunday. The US tariffs apply on roughly 110 billion US dollars’ worth of imports from...
With the US-Sino relationships showing a potential for improvement market confidence seems to be slowly returning and next week could have further developments. At the same time the USD is to be...