Dollar slips to one-month low vs yen as stimulus optimism boosts risk appetite
The pair fell to one-month low on Wednesday, on track for the biggest daily loss since 28 Aug as growing optimism over US stimulus talks boosts risk appetite and further deflates the dollar.
Fresh bearish acceleration surged through…
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Fresh optimism on Brexit talks and risk appetite lift pound to one-week high vs dollar
Cable jumped to one week high at 1.3064 on Wednesday, after European Union’s Brexit negotiator expressed optimism, saying that trade deal with Britain is ‘within reach’.
Barnier said that both sides are constructive and willing to…
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Dollar index hits one-month low on fresh risk sentiment
The dollar index falls to one-month low on Tuesday as fresh optimism over US stimulus talks boost risk appetite and increase pressure at the greenback.
Fresh weakness emerged after bulls got trapped above 20DMA last Thu/Fri and accelerated…
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Bulls accelerate on fresh risk sentiment and pressure key barriers
The Euro accelerated higher on Tuesday (up 0.5% since opening in Asia), boosted by fresh risk sentiment on growing hopes for possible deal in US stimulus package talks.
Bulls extend strong rally into third day and broke above important…
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New hope for US stimulus package after fresh push in talks
Fresh optimism hit the markets on Tuesday, as renewed talks over the proposed US stimulus package accelerated.
Republicans in the Senate are preparing legislation to revive the programme, which will be targeted at small businesses…
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Cable loses traction on stalled Brexit talks
Cable is standing at the back foot in early European trading on Tuesday deflated fresh risk aversion on fading hopes that US new stimulus package will be agreed before Nov 3 election and Brexit talks in limbo.
Monday’s strong rejection…
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Aussie extends fall as RBA discusses further easing
The Australian dollar accelerated lower in Asia on Tuesday (down 0.5% for the session) as minutes of RBA most recent meeting showed that the central bank discussed further monetary easing through cutting interest rate towards zero and…
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UK and EU remain at trade talks impasse as neither side takes the initiative
Brexit trade talks continue to remain deadlocked, even though the end of the UK’s transition period is now less than two-and-a-half-months away.
Both the UK and the European Union (EU) signaled on Monday that the door for agreement…
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