EUR/USD: Breaking a three-day bearish phase, the EUR/USD recovered in strong fashion Wednesday, following comments by Fed Chair Powell. He stated interest rates are just below the broad range of estimates of the neutral rate (which is estimated at between 2.50% and 3.50%), and the Fed was not on a pre-set policy course. Despite a … Continue reading Thursday 29th November: FOMC meeting minutes eyed.
EUR/USD: The single currency ceded further ground to the US dollar Tuesday, consequently registering its third consecutive losing day.
Global Markets: Asian Stock Markets : Nikkei up 1.11%, Shanghai Composite up 0.98%, Hang Seng up 1.30%, ASX down 0.06% Commodities : Gold at $1220.10 (+0.02%), Silver at $14.26 (+0.24%), Brent Oil at $61.33 (+1.54%), WTI Oil at $52.38 (+1.59%) Rates : US 10-year yield at 3.063, UK 10-year yield at 1.379, Germany 10-year yield … Continue reading Wednesday 28th November: Asian Stocks Rise on Hopes of U.S.-China Trade Deal
Global Markets: Asian Stock Markets : Nikkei up 0.81%, Shanghai Composite down 0.25%, Hang Seng down 0.34%, ASX up 1.00% Commodities : Gold at $1227.50 (-0.11%), Silver at $14.32 (-0.07%), Brent Oil at $60.26 (-0.50%), WTI Oil at $51.29 (-0.58%) Rates : US 10-year yield at 3.054, UK 10-year yield at 1.412, Germany 10-year yield … Continue reading Tuesday 27th November: Asian markets put up a brave face – await outcomes of Trump Jinping meet.
EUR/USD: Monday’s Asian session, along with a portion of Europe’s morning segment, observed a resurgence of EUR/USD bidding enter the fold.
