Markets Core bond yields initially extended gains after a sharp move on yesterday’s stronger-than-expected PMIs on either side of both the Atlantic and the Canal. German Bunds underperformed US Treasuries this time. French ECB Villeroy Read more…
Markets Core bond yields initially extended gains after a sharp move on yesterday’s stronger-than-expected PMIs on either side of both the Atlantic and the Canal. German Bunds underperformed US Treasuries this time. French ECB Villeroy Read more…
Markets Core bond yields initially extended gains after a sharp move on yesterday’s stronger-than-expected PMIs on either side of both the Atlantic and the Canal. German Bunds underperformed US Treasuries this time. French ECB Villeroy Read more…
The Australian dollar has extended its losses on Wednesday. In North American trade, AUD/USD is trading at 0.6824, down 0.47%. Wage growth misses forecast Australian wage growth was short of the forecast, with a gain Read more…
Risk sentiment appears to have stabilized as markets enter into US session. There have been increasing speculation that Fed would revert to a 50bps rate hike in March. Traders might try to scrutinize FOMC minutes Read more…
Rising bond yields increase opportunity cost of holding zero-yielding assets Dollar index continues to print bullish price action All eyes on FOMC minutes at 19:00 GMT Gold has bounced back a little ahead of the Read more…
The New Zealand dollar jumped after the Reserve Bank of New Zealand meeting but has pared most of these gains. In the European session, NZD/USD is almost unchanged at 0.6216. RBNZ hikes by 50 basis Read more…
USDJPY had been trading within a downward sloping channel since mid-October when the price peaked at a 32-year high of 151.94. Nevertheless, the pair managed to break above this pattern in early February, with its strong advance Read more…
The British Pound started a decent increase above the 1.2000 resistance zone against the US Dollar. The GBP/USD pair climbed above the 1.2050 level to start a recovery wave. There was a close above the Read more…
NZDUSD faced little volatility during the Asian trading session after a more-or-less expected 50bps rate hike by the Reserve Bank of New Zealand. The pair keeps building floor around the 0.6200 level and marginally above the 200-day Read more…