US Dollar Index pares gains at 20-year high, central banks, US data in focus
US Dollar Index (DXY) takes offers to refresh its intraday low near 113.70 as it consolidates the latest gains around the two-decade high, marked the
Read More »Market Update – September 26 – Sterling Slumps
USDIndex – surged to 114.40 before settling at 113.64. 10-year yields jumped 5.5 bp in Australia and are currently 7.6 bp higher in the US. 2-year Treasury yields broke above 4.3%…
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Read More »Asia-Pacific Markets Face Risk-Off Move as US Dollar Batters Sentiment
An already exceptionally strong US Dollar surged on Friday, threatening Asia-Pacific market sentiment. The Bank of Japan Governor Kuroda is due to speak today.
Read More »EURUSD in the middle of a storm!
Yesterday evening the Chairman of the Federal Reserve, Jerome Powell, delivered a clear message: “We must put inflation behind us”, “but there is no painless way to do it”. By…
Read More »Japan preliminary September PMIs. Manufacturing 51.0 (prior 51.5) Services 51.9 (49.5)
<p>Jibun flash PMIs from Japan for September. </p><p>Manufacturing 51.0 (slowest in 20 months)</p><ul><li>prior 51.5 </li></ul><p>Services 51.9 </p><ul><li>prior 49.5</li></ul><p>Composite 50.9</p><ul><li>prior 49.4</li></ul> This article was written by Eamonn Sheridan at forexlive.com.
Read More »Breaking: GBP/USD slumps to fresh 37-year low under 1.0800 on broad US dollar strength
GBP/USD extends Friday’s south-run to refresh multi-year low. Discomfort in UK Chancellor’s latest speech, fears of recession weigh on the pair. Unce
Read More »Market Update – September 23
USDIndex – holds above 111. Yields: 10-year surged 18 bps to hit 3.71% but finished at 3.69%. 2-year was 9 bps higher at 4.15% before easing off. It was an…
Read More »GBP/JPY Price Analysis: Plummets below 155.50 after losing more than 2.93% in the day
GBP/JPY plunged more than 450 pips or 2.93% on Friday, amidst risk-aversion, after PMIs reported by S&P Global showed that the EU and the UK could be
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