The Aussie weakened during today’s Asian session, as both the RBA meeting minutes and Governor Lowe send dovish signals. The minutes implied that an interest rate cut would be appropriate..
Read ArticleUSD strengthens on strong data and rising yields
The USD strengthened against its major counterparts yesterday, on the back of strong US financial releases and rising treasury yields. Almost every US release outperformed expectations and analysts seem to..
Read ArticleElections, Eurozone PMI, UK inflation and FOMC minutes
With the US-Sino negotiations still at a deadlock and UK’s inner political scene being unstable we could see a risk averse sentiment continuing to prevail in the markets. However a..
Read ArticleEUR strengthens on hopes of the US delaying tariffs
The EUR reversed previous losses of the day against the USD yesterday, after reports stated that the US President may delay tariffs on European cars. The Trump administration seems to..
Read ArticleUS keeps firm as trade concerns soften, USD stabilized vs YEN
The USD stabilized against the Yen yesterday and firmed against a number of other currencies as trade worries seems to ease. US President Trump, stated yesterday that trade talks with..
Read ArticleUS retail sales, UK and Australia employment
With the US-Sino negotiations resulting at the present stage, in a deadlock and the relationships of the two countries worsening, we expect the risk averse sentiment in the markets to..
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