0.0 00 The U.S. dollar took the news that U.S. Donald J. Trump became the third U.S. President to ever be impeached by the U.S. Congress in stride. In other headlines, the Australian dollar found support …
Read More »Asian Markets Mixed on Brexit Fears
0.0 00 The Asian and Pacific Rim markets were mostly mixed as they traded quietly. Asian traders are worrying about the latest Brexit developments which could, once again, lead to a hard Brexit by the end …
Read More »British Pound Back under Pressure as Brexit Resurfaces
0.0 00 The British pound is under pressure, once again, as the possibility of a hard Brexit is once again in the headlines and a possibility. The United Kingdom is setting a hard deadline for quitting …
Read More »Asian Markets Rise on Dovish RBA Stance
0.0 00 Asian and Pacific Rim equity markets were broadly higher as mainland financial markets on the mainland in China led the way. Asian and regional traders are still showing enthusiasm thanks to the preliminary trade …
Read More »British Pound Tumbles on New Brexit Woes
0.0 00 The British pound sold off against the U.S. dollar, on Tuesday, during the Asian trade session. Overnight, news reports emerged that British Prime Minister Boris Johnson is now seeking a hard line on the …
Read More »Asian Markets Quiet Despite a Trade Deal
0.0 00 Asian markets were rather muted throughout the region on Monday. Traders were digesting fresh economic data out of China that showed that, for November, retail sales rose more than expected. Asian Traders were also …
Read More »Dollar Flounders on Lack of Trade Details
0.0 00 The U.S. dollar is still struggling for direction on Monday during the Asian trade session. Traders still want more details on that preliminary trade deal between China and the United States. There is also …
Read More »Asian Markets Climb Higher after UK Elections
0.0 00 The equity and financial markets in the Asian and Pacific Rim were trending higher on news that British Prime Minister Boris Johnson’s Conservative Party has cruised to a commanding election victory. There has also …
Read More »Pound Spikes Higher after Tory Win
0.0 00 The British pound has powered higher during the Asian trade session on Friday. Traders are watching, very closely, the exit results out of the United Kingdom that are showing a landslide victory for Prime …
Read More »Dollar Remains Soft after the FOMC Decision
0.0 00 The almighty U.S. dollar, the world’s most liquid currency, was nursing wounds during the Asian trade session today. Overnight the U.S. Federal Reserve left monetary policy and its Fed Funds Rate (FFR) unchanged, as expected. …
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