While the ECB left interest rates on hold Thursday, the clear path to a more accommodative policy stance sends a message to markets that we are still in for rough times ahead.. Read More Euro Breaks Critical Support ECB Policy Shift Carries Broad Implications
Posted in FX News | Tagged breaks, broad, carries, critical, ecb, euro, implications, policy, shift, support
In what was sparse trading conditions, and lower liquidity as a result of European countries celebrating Easter Monday, we continued to see a move in favor of higher yielders and against the USD. The USD continued to drift lower against its rivals, though it did not move that far away from Read More Broad Dollar [...]
Posted in FX News | Tagged be, broad, continues, dollar, main, theme, to, weakness
Asian markets were mostly higher on Tuesday. The Nikkei added .4% and the Hang Send tacked on 1.25%. China’s SHI rose 1.6%,. The KOSPI however, fell 1%. The upwards momentum failed to carry over to Europe, where the region’s markets had a 7 Vote(s) Read More Daily Market Analysis Broad Selloff Sparked by China
Posted in FX News | Tagged analysis, broad, by, china, daily, market, selloff, sparked
Read More Volatility Distracts Traders from Broad Congestion for Both EURUSD and the SdanP 500
Posted in FX News | Tagged 500, and, both, broad, congestion, distracts, eurusd, for, from, sp, the, traders, volatility
Crude oil, gold and silver rebounded amid broad-based selling of the US dollar in what appeared to be a return to typical "risk on" trading in European hours. Read More Oil, Gold Rebound Amid Broad US Dollar Selling
Posted in FX News | Tagged amid, broad, dollar, gold, oil, rebound, selling, us
The Euro rallied against the greenback for the second day to reach a high of 1.5084, and the single-currency looks poised to test the yearly high at 1.5146 as the economic docket reinforces an improved outlook for future growth. Read More Euro Poised to Test Yearly High, British Pound to Hold Broad Range
Posted in FX News | Tagged british, broad, euro, high, hold, poised, pound, range, test, to, yearly
