USD Reaching Two-Week High, Investors are Waiting
On Monday, the U.S. dollar reached a two-week high after strong economic data in the past week, prompting investors to reassess their position on whether the Fed…
Author
Bank of China Cautions Yuan Bears before G20 Meeting
The Chinese Central bank is sending a clear message to Yuan bears that temporary declines are not guaranteed, especially with the key G20 meeting set to happen at…
Forex Market – Dollar Reclaims Ground as Trade Tensions Subside
On Monday, the U.S. dollar ticked up in the foreign exchange market against a basket of rival currencies amid signs that global trade tensions are easing off.…
Dollar Ticks Lower after Rate Cut Comments
The U.S. dollar hovered at a 7-weeks low following comments by Federal Reserve Chair, Jerome Powell, hinting to interest rate cuts in the face of trade wars and…
Yuan Rises, Shorters Not to Sell Chinese Currency
The Chinese Yuan climbed up on Monday, prompting China’s top bank and insurance regulators to tip off short-sellers against betting against the currency or they…
Dollar reaches 4-week high on the forex markets
The U.S dollar was enjoying a healthy climb which sees it reach month-highs against other currencies. The higher yields of the U.S treasury, together with eased…
Aussie to rise in foreign exchange market after poll win
The Aussie is on track for its strongest position this year after the shock election win of Prime Minister Scott Morrison’s conservative coalition. The incumbent’s…
New Zealand Exchange Rate: Historic Low interest fails NZD
New Zealand dollar rate fell sharply in the forex market after RBNZ sliced interest rates to 1.5% and speculate about further cuts down the road. The USD and Yuan…
Dollar Exchange Rate Flat As FED Decides On Interest Rate
The dollar exchange rate remains unchanged as the Trump administration heads to China for the final round of trade talks while FED sits to discuss interest rates –…
Aussie Leads Forex Pair Trade Excitement After China Data
Aussie benefited the most from the China’s Q1 data reports that surpassed expectations, while concerns about low-interest rates by the Fed dragged down USD and NZD,…
