The USD is currently gaining momentum but as stock markets are seemingly depreciating, we might see the JPY taking over. In an attempt to regain safe-haven…
Rates as of 04:00 GMT Market Recap Increasing tensions with China over TikTok, a rising virus count, downward revision in long-term credit outlook (from “stable” to…
Markets are on a rather aggressive risk-on mood today after an experimental drug used to treat COVID-19 showed promising results. Remdesivir – a drug developed by…
Rates as of 04:30 GMT Market Recap There was a much better mood in the market yesterday, but it’s fading already. US stocks were up almost…
Coronavirus concerns caused losses in the stock markets could mean that the Yen would still be on track to show further momentum. Even with some delay,…
The yen is well known as a “safe haven” currency: that is, one that appreciates when there’s some major trouble in the world. This phenomenon is…
Risk markets tumbled today after some concerning comments by Apple – the world’s second most valuable company – which sent out warnings that they won’t meet…
Rates as of 06:00 GMT Market Recap Although on a trade-weighted basis NZD was the biggest gainer on the day, vs USD it was the CHF.…
The Yen might gain further strength today. With stock prices at all-time highs and Gold on a rising path again we might see USD/JPY moving lower.…
Tesla Plummets 8% On Disappointing Q1 Sales Tesla plummeted on Wednesday to close 8% lower after announcing weak first-quarter deliveries that fell short of expectations. TSLA…
