
FxWirePro: Don’t get too excited about bullish EUR/USD
Apr 30, 2019 11:29 am UTC| Commentary
EUR/USD on the march higher but that may not last, Euro is up against the USD for the third consecutive trading session and has recovered from 1.11 to 1.121 as of today. After last weeks break into new yearly low,...
Global Geopolitical Series: North Korea toughens stance on denuclearization
Apr 30, 2019 10:33 am UTC| Commentary
On Tuesday, North Koreas newly appointed vice foreign minister Choe Son Hui announced that while North Koreas commitment to denuclearize the Korean peninsula remains firm but that needs to be reciprocated by the United...
German bunds slump after April unemployment data, eurozone Q1 GDP cheers market investors
Apr 30, 2019 09:32 am UTC| Commentary Economy
The German bunds slumped during European trading session Tuesday after the countrys unemployment data for the month of April cheered market participants, dropping far more than what was initially anticipated. Also, the...
FxWirePro: Dollar declines as rate cut odds jump ahead on Wednesday’s rate decision from Fed
Apr 30, 2019 09:29 am UTC| Commentary Central Banks
The dollar is under assault this week ahead of the U.S. Federal Reserves monetary policy announcement on Wednesday. The dollar index, which is the value of the dollar against a basket of six currencies, is currently...
Apr 30, 2019 07:38 am UTC| Commentary
President Trump is likely to face harsh criticism with an election year approaching over his narrative that ISIS has been defeated in the Middle East and all thanks go to his administration for its toughening stance on...
Apr 30, 2019 06:01 am UTC| Commentary Economy
The USD/HKD currency pair is expected to trade lower towards 7.82 going forward as the trade talks between the United States and China is entering into a critical point at the 10th round of negotiations, scheduled to...
Australian short-term bonds gain following disappointment in China’s manufacturing PMIs
Apr 30, 2019 04:16 am UTC| Commentary Economy
Australian government short-term bonds gained during Asian session Tuesday as factory activity in China expanded for a second straight month in April but at a much slower pace. The yield on Australias benchmark 10-year...