The Dollar rallied on Friday after the the solid U.S. August employment report, which saw non-farm payrolls increase nearly 1.4 mln, in-line with expectations. Earnings were better than forecasts, while the unemployment rate tumbled to 8.4% from 10.2%. Wall Street continued with its correction, the
Samtrade FX has struck up a new two-year sponsorship deal with Cardiff City Football Club, which runs from the current 2020/2021 season.
The deal includes ‘Official Global FX Trading Partner’ status for Samtrade FX at the Championship club as well as company branding at the venue.
The Jobless Claims for the week, Leading Indicators for July as well as other economic announcements will catch the attention of the investors on Thursday.
Markets might continue to react to the U.S. government's suspension of the extradition treaty with Hong Kong.
Worldwide COVID-19 infections
The Dollar managed to stem the bleeding in N.Y. on Wednesday, and rallied modestly through the session. The DXY held above Tuesday's 27-month low of 92.13, rallying from early lows of 92.24 to 92.75 highs. There was no data to drive markets. Wall Street was modestly higher, and Apple hit a milestone
RBA minutes show that Australia's central bank does not see a need to further ease policy.
Members noted that the downturn had not been as severe as earlier expected.
AUD tucked in below a fresh high pertaining to USD weakness but was little changed on the minutes.
Having slashed rates in an emerge
GBP/USD edged higher and moved back closer to multi-month tops post-BoE.
The BoE left interest rates and bond-buying program unchanged, as was expected.
The offered tone surrounding the USD remained supportive of the pair’s uptick.
The GBP/USD pair added to its modest intraday gains and refreshed d
GBP/USD recovers from an intraday low of 1.2912 while nearing the highest levels since March 11 flashed on Tuesday.
EU Lobbyist claims Brexit deal will come, Northern Ireland gets blow in post-Brexit laws of the bloc.
UK PM Johnson, Germany’s RKI head cite increasing risk of virus wave 2.0.
The powerful rallies in Euro and Gold remain the dominate theme for today as traders seems to be focusing on the worsening US-China relations as well as second wave of coronavirus infections in the US and Asia. Swiss franc tumbles sharply, as mainly pressured by the selloff against Euro while Yen is
Sino/US relations have not been this bad since before a trade deal agreement in 2019.
Coronavirus cases are spreading like wildfire in the US and damaging the recovery playbook.
USD cannot get off the floor, however, amidst lower real yields.
USD/JPY was quiet around the low 107s until risk avers
At its July monetary policy review meeting concluding on Wednesday, the Bank of Japan (BOJ) board members decided to keep rates unchanged at -10bps while maintaining a 10yr JGB yield target at 0.00%.
Will take additional easing steps without hesitation as needed, with eye on impac
Dutch consumer price inflation accelerated for the first time in six months in June, data from the Central Bureau of Statistics showed on Tuesday.
The consumer price index rose 1.6 percent year-on-year in June, following a 1.2 percent increase in May and April.
Prices for motor fuels fell 7.9 percen
AUD/USD erases losses after Australia reports a big jump in retail sales.
Aussie dollar is likely to continue tracking the equity markets in the near term.
RBA seems concerned over the AUD's three-month uptrend.
AUD/USD jumped 10 pips to 0.6860, extending the recovery from the session low of 0.6
Risk on has been denting golds allure, but equities stalling and USD ripe for an upside correction.
Gold moving into a range and bears awaiting next bearish signal.
Gold prices stabilised and rallied beyond $1,710 resistance to a high of $1,722 with some volatility on the grind higher overnight. Eu
Switzerland's consumer prices declined the most in nearly four-and-a-half years in May, data from the Federal Statistical Office showed on Thursday.
The consumer price index decreased 1.3 percent year-on-year in May, following a 1.1 percent fall in April. This was in line with economists' expectatio