USD/JPY bears taking control as markets focus on the Jackson Hole risk ahead.
The price of the pair is taking on a fresh low as geopolitical risks simmer away, supporting the yen.
USD/JPY is currently trading at 105.83 as the yen extends its advance vs the greenback to a low of 105.80, taking out t
China says China, and the US had constructive conversation on trade agreement.
China says both sides agreed to continue pushing forward implementation of phase 1 trade deal.
Says had constructive conversation on strengthening macroeconomic policy coordination.
Says both sides have agreed
S&P 500 again steadies after refreshing the highest since February.
A lack of major data/events restricts the market moves.
US dollar weakness favors commodities and Antipodeans.
Sino-American tension joins virus woes and stimulus deadlock to question the optimists.
S&P 500 Futures await fr
GBP/USD seesaws in a choppy range between 1.3065 and 1.3080 off-late.
Overbought RSI conditions limit short-term upside, sellers have strong supports to break before retaking controls.
1.3200 become the key resistance, June high can please the bears during notable downside.
GBP/USD struggles to car
Ryozo Himino, the newly appointed commissioner of the Japanese Financial Services Agency (FSA), has recently voiced his concerns over the regulatory slack on cryptocurrency trading.
“Deregulating bitcoins and other cryptocurrencies may not necessarily promote technical innovation, if doi
Activity on FXSpotStream’s trading venue, the aggregator service of LiquidityMatch LLC, dropped slightly last month but still well above the $900 billion mark across its streaming and matching products. The company reported an average daily volume (ADV) of $40.4 billion, which is lower o
British fintech company Moneybox recently announced that it has started its crowdfunding campaign on Crowdcube and has raised £4 million in four hours, with more than 10,000 investors taking part in the fundraiser.
According to a statement from the company released on Tuesday, Moneybox h
EUR/USD Rises To A Fresh 22-Month High
The euro currency rose to a new 22-month high after prices rose to intraday highs of 1.1781.
The rapid appreciation in the euro comes as the dollar turns weaker. EURUSD has been in a steady uptrend and has gained almost 3% in a matter of just seven days.
Indian shares gave up early gains to edge lower on Monday as investors kept an eye on rising coronavirus cases in the country and awaited more large-cap earnings for directional cues.
The benchmark S&P BSE Sensex dropped 174 points, or 0.46 percent, to 37,954 in early trade, while the broader NS
EUR/USD failed to establish a foothold at four-month highs on Wednesday.
Another failure above 1.1450 could jeopardize the uptrend.
EUR/USD is currently trading at 1.1314, having clocked a four-month high of 1.1452 on Wednesday.
The long upper wick on Wednesday’s candle shows rejection at higher
The news flow today caused a brief risk-off burst in Asia-Pacific markets followed by a sharp recovery. In currencies, this transpired as a bout of dollar and yen outperformance alongside a sharp drop in risk-sensitive currencies such as the Australian dollar, followed by a quick reversal. The cause
USD/CAD eases from 1.3560, still above the key SMA.
The monthly falling trend line offers immediate upside barrier.
1.3440/35 acts as additional support ahead of June 10 bottom.
Despite the latest pullback from 1.3529 to 1.3538, USD/CAD prints 0.10% loss during Wednesday’s Asian session. In doing s