JPY stabilized against the USD yesterday, as some hopes surfaced about the US-Sino negotiations in Washington. US and Chinese officials began two-day talks on Thursday in an effort to prevent any...
JPY strengthened against most of its counterparts yesterday, as trade tensions between the US and China continue strengthening safe haven assets. The US President stated yesterday that China broke...
The Kiwi weakened against the USD, during the Asian session, as RBNZ decided to cut rates by 25 basis points reaching +1.50%. In its accompanying statement the bank cited uncertainty about the...
The AUD strengthened against the USD as RBA released its interest rate decision to remain on hold at +1.50%. In its accompanying statement the bank stated that it sees the risks for global trade...
Yesterday, US President Trump threatened to hike tariffs on Chinese imports, raising tariffs from 10% to 25%. The US President, mounted pressure on China, as he considered that the US-Sino trade...
Oil prices were down approximately 4% yesterday dropping the most in single day for 2019. Oil traders seemed eager to exit their long positions after EIA data on Wednesday indicated a massive...
PM May refused to set date as a deadline on Brexit due to previous failures to reach it. This could be an indication that now, they are willing to turn every stone in their way to find the...
The S&P500 continued to move higher on Tuesday surpassing record levels it reached on the previous days. Analysts said the recent all-time highs are due to a largely positive earnings season...
The AUD weakened during the Asian session today as the Chinese manufacturing activity dropped, disappointing the markets. It should be noted that the drop of manufacturing PMI was also followed by...