0.0 00 Gold futures contracts gained ground during the Asian trade session on Wednesday. Traders are reacting to the Federal Reserve boosting liquidity in the credit markets to make dollars more available as disruptions in the …
Read More »The Safe Haven Yen Catches a Bid
0.0 00 The safe haven Japanese yen continued to trade strong into today’s Asian trade session. Risk sensitive Forex assets continue to struggle even as coordinated efforts by key G-10 central banks to reduce the worry …
Read More »Crude Oil Traders Look at Bargain Prices
0.0 00 Crude oil futures contracts jumped higher during the Asian trade session on Tuesday. The headline WTI and Brent contacts gained as much as one dollar at one point. Oil traders are looking for bargain …
Read More »Asian Markets Fall as the ASX Sheds 7%
0.0 00 The Asian and Pacific Rim equity markets were mostly in the red as the new week kicked off. The Australian ASX 200 was down as much as seven percent at one point after the …
Read More »Dollar Falls as Fed cuts Rate to 0%
0.0 00 The dollar was on the defensive Monday morning during the Asian trade session. Overnight, the Federal Reserve, once again, shocked the global financial markets when they performed another emergency rate cut taking their Fed …
Read More »Crude Oil continues to Move Lower into Friday
0.0 00 Crude oil futures contracts continue their trek lower into the Asian trade session on Friday. The Brent contract is on track, even after bouncing slightly higher during the European open, for their worst week …
Read More »Asian Shares Tumble as the Nikkei sheds 5%
0.0 00 The Asian and Pacific Rim markets were seeing red on Thursday. Overnight the Dow Jones Industrial Average (DJIA) shed over 1,400 points to officially enter bear market territory. Traders around the Asian region are …
Read More »Dow Sheds 1,400 Points and enters Bear Market
0.0 00 Wall Street had another rough day on Wednesday as the Dow Jones Industrial Average (DJIA) shed over 1,400 points and entered bear market territory. Traders are grappling with the rapid spread of the Covid-19 …
Read More »Asian Markets Turn Lower as Sentiment Wanes
0.0 00 The Asian and Pacific Rim financial markets were back in the defensive on Wednesday. Risk-off sentiment was back in play. Regional Asian traders looked for safe haven asset classes. Financial traders are watching the …
Read More »Dollar Retreats against Safe Haven Currencies
0.0 00 The almighty dollar is back on the defensive against safe haven Forex units as the Japanese yen and Swiss franc are seeing a bid as sentiment turns back to less than good. Forex traders …
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