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<p>While Dollar and Yen staged notable rebound towards the end of week, they still ended as the worst performing ones. On the other hand, commodity currencies were the best performers despite paring some of the gains. Markets were lifted by optimism that the world is moving closer to lockdown exits in major countries. Also, thanks […]

<p>Yen and Dollar remains the strongest ones for today while commodity currencies are weakest, led by Aussie. There was no follow through buying in Dollar and Yen beyond Asian session. The panic selloff in Hong Kong stocks didn’t spillover to other markets and even US futures are pointing to slightly higher on. US response to […]

<p>Yen and Dollar surge in Asian session today as markets are clouded by new uncertainty over Hong Kong’s future. The situation carries significance firstly on the direction of US-China trade tension. Secondly, Hong Kong’s international financial hub status could be in question, which would limit China’s ability to raise cap

<p>The financial markets are, generally speaking, a bit mixed today. European stocks are slightly in red while US futures are down. But losses are very limited. Bulls are still in overwhelming control. In the currency markets, Swiss Franc drops sharply as recent volatile trading continues. Dollar attempted for a rebound earlier today but quic

<p>Dollar recovers mildly in Asian session, together with Yen, as stock rally takes a breather again. But both remains the worst performing over the week. Similarly, Australian and New Zealand Dollars also retreats mildly but remain the strongest one for the week. Investors are generally optimistic on return to normal, with lockdown exits and

<p>Sterling weakens mildly today after UK sold government bond with a negative yield for the first time ever. According to the Debt Management office, It auctioned GBP 3.75B of 3-year bonds at an average rate of -0.003%. Demand was weak too with bid-to-cover ratio at 2.15, lowest since March. Nevertheless, Dollar and yen are not […]

<p>Accounts of April 29-30 ECB monetary policy meeting indicated that it’s ready to expanding easing measures in the upcoming June meeting. The Governing Council was “fully prepared to increase the size of the PEPP and adjust its composition, and potentially its other instruments, if, in the light of information that became availa

<p>Canada retail sales dropped -10.0% to CAD 47.1B in March, slightly better than expectation of -10.3% mom. That’s also the first decline in five months, and the largest on record. Ex-auto sales, on the other hand, -0.4% mom. StatCAN said that about 40% of retailers closed their doors during March. The average length of shutdowns [&hel

<p>BoE Deputy Governor Dave Ramsden said he’s “certainly not going to rule out” an increase in the asset purchase program at the meeting next week. “It’s quite possible that we could do more at that meeting or at subsequent meetings. But we will make that decision at the time,” he said. He added that BoE [&