Commitments of Traders (CoT) report The market keeps on buying euros and selling dollars. Both the EUR and DXY contracts are at extreme positions for the…
GBP/AUD traded lower during the Asian session yesterday, after hitting resistance near Monday’s high of 1.8290. That said, the slide bottomed out near the 1.7725 level,…
Rates as of 04:00 GMT Market Recap It was a big “risk-off” day yesterday thanks to deadlocked EU-UK Brexit talks, an uptick in the weekly US…
Rates as of 04:00 GMT Market Recap Trump’s sudden decision to order China’s consulate in Houston to close – and headlines suggesting Beijing was considering shutting…
Market Recap Good news on the vaccine front sparks “risk on” – The coronavirus vaccine developed by Oxford University and AstraZeneca has shown promising results in the…
Rates as of 04:00 GMT Market Recap The EU Summit scheduled for Friday and Saturday is still going on! Talks continued on Saturday and Sunday and…
We heard similar comments from three central banks this week. If I may quote the relevant parts: Bank of Japan: The Bank will continue with “Quantitative…
Rates as of 04:00 GMT Market Recap Not much to say about the FX market this morning, I’m afraid. I just don’t think a movement of…
Rates as of 04:00 GMT Market Recap As Yogi Bera said, “it’s tough to make predictions, especially about the future.” I was convinced that with the momentum…
The Euro Australian Dollar (EUR/AUD) exchange rate has slumped this week with the pair last seen trading around the 1.62 mark after some upbeat data from…
