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Stocks markets have seen a great deal of volatility over that two days. Stocks are down roughly 90 to 100…
The British pound today recovered from its daily lows and rallied higher in the late London session as details emerged of a new Brexit proposal by the British government.…
The Japanese yen is rallying against most major currency rivals midweek as the worldâs third-largest economy implemented a long-awaited sales tax hike. This comes…
The US dollar versus the Japanese yen currency pair dropped after a very nice rally, putting in danger the possibility of further appreciation. Long-term perspective After…
At midday in London the GBP and EUR were among the strongest while the AUD, NZD and CHF were the…
Sterling saw a mild lift, though more from better than forecast factory data than Brexit plans Prime Minister Boris Johnson…
The US ISM Purchasing Managers Index (PMI) headline dropped from 49.1 in August to 47.8 in September, versus an expectation…
FX: The safe haven Swiss franc was the strongest major currency on the day, while the risk-sensitive Australian and New…
With the release of the ISM Manufacturing data earlier today, the markets were in risk off mode. As we discussed…
The Australian dollar sank after a dovish interest rate cut by the Reserve Bank of Australia. The news overshadowed a positive report about Australia’s manufacturing sector. The RBA…
The Japanese yen was soft today following domestic macroeconomic releases. The data showed that the nation’s manufacturing sector was in bad shape. At the same time,…
The US dollar is mixed on Tuesday after a new manufacturing survey had its worst reading in more than a decade, sending jitters throughout financial…
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