Wednesday 26th June: Dollar snaps four-day losing streak and forms daily bullish engulfing candle.

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Key risk events today: New Zealand Official Cash Rate and RBNZ Rate Statement; UK Inflation Report Hearings; US Core Durable Goods Orders m/m; US Durable Goods Orders m/m. EUR/USD: The shared currency concluded Tuesday’s session snapping a 4-day winning streak (supported by momentum flows after last week’s dovish FOMC), after shaking hands with a H4 … Continue reading Wednesday 26th June: Dollar snaps four-day losing streak and forms daily bullish engulfing candle.

Tuesday 25th June: Asian shares dwindle ahead of G-20

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Global Markets: Asian Stock Markets : Nikkei down 0.57%, Shanghai Composite down 1.10%, Hang Seng down 1.17%, ASX down 0.11% Commodities: Gold at $1431.10 (+0.91%), Silver at $15.39 (+0.07%), Brent Oil at $63.98 (-0.31%), WTI Oil at $57.69 (-0.36%) Rates : US 10-year yield at 2.002, UK 10-year yield at 0.812, Germany 10-year yield at … Continue reading Tuesday 25th June: Asian shares dwindle ahead of G-20

Tuesday 25th June: Dollar continues edging lower on rate-cut expectation.

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Key risk events today: RBA Assist Gov Bullock Speaks; OPEC Meetings; FOMC Member Williams Speaks; US CB Consumer Confidence; US Richmond Manufacturing Index; Fed Chair Powell Speaks. EUR/USD: The greenback began the week on soft footing, testing and marginally surpassing the 96.00 handle (dollar index). This elevated the euro to a fresh three-month high at … Continue reading Tuesday 25th June: Dollar continues edging lower on rate-cut expectation.

Monday 24th June: Markets flat as investors look forward to G20 outcomes

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Global Markets: Asian Stock Markets : Nikkei up 0.16%, Shanghai Composite down 0.02%, Hang Seng up 0.04%, ASX up 0.09% Commodities : Gold at $1407.25 (+0.51%), Silver at $15.33 (+0.27%), Brent Oil at $64.72 (+0.42%), WTI Oil at $57.85 (+0.73%) Rates : US 10-year yield at 2.049, UK 10-year yield at 0.850, Germany 10-year yield … Continue reading Monday 24th June: Markets flat as investors look forward to G20 outcomes