The dollar fell across the board at the start of the week, pressured by renewed risk sentiment on growing hopes of a deal between the US and Iran to reopen Hormuz strait and prevent deeper crisis on prolonged supply shortage. Although the dollar opened with gap lower and dipped to 10-day low, the price remains […]
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At first glance, Euro looks healthy this week. Dollar is falling, oil prices are collapsing, and risk appetite is roaring back as markets price the possibility of a US-Iran breakthrough and reopening of the Strait Read more…
Bank of Japan Deputy Governor Shinichi Himino delivered another reminder today that the central bank is still moving toward tighter policy, even as the Middle East crisis complicates the outlook for inflation, bond markets, and Read more…
The Memorial Day session delivered a lot of positive news, creating a strong bullish outlook for the coming trading week. The recent US-Iran draft agreement gave the broader market a major boost, and institutional investors Read more…