Since 2017 the market has traded in a range where we currently can observe the upper band can be reached as resistance. Without breaking the current…
Browsing: finance
Rates as of 04:00 GMT Market Recap A notably strong rally in the commodity currencies as the rally spread out of the energy complex into a…
Rates as of 04:00 GMT Market Recap Risk on, risk off. Risk off, risk on. That’s basically what it comes down to nowadays. Yesterday was “risk…
Rates as of 04:00 GMT Market Recap Another “risk on” day with US stocks up 0.9% and most Asian markets following suit today. Things were even…
Rates as of 04:00 GMT Market Recap Asia is largely following along from New York’s “risk off” mood this morning, although both China and Japan are…
We just sold the AUD/USD pair at 0.6539. We might see the pair heading lower as we approach the last hours of trading for the week…
Rates as of 04:00 GMT Market Recap Commodity currencies once again led the way in a “risk on” market driven by sentiment about the virus. Investors…
Rates as of 04:00 GMT Market Recap It’s “risk on” in Asia this morning despite a slightly lower close on Wall Street yesterday. Most Asian stock…
Rates as of 04:00 GMT Market Recap FX rates were relatively stable – a higher close on Wall Street had little carry over into Asia this…
We have some positive news from the UK where Boris Johnson is set to return back to Downing Street on Monday after having been successfully cured…