0.0 00 Overnight, the euro rallied higher to hit its highest level in two months against the U.S. dollar. This comes after news crossed the wires that the United Kingdom and the European Union agreed to …
Read More »Asian Markets Mixed on US Retail Sales Data
0.0 00 The Asian and Pacific Rim financial markets were cautious Thursday after dismal U.S. retail sales data was released during the overnight trade session in North America. Shares in Hong Kong gained ground and the …
Read More »Dollar Takes a Hit as Data Misses
0.0 00 The U.S. dollar fell across the board against its main G-`10 Forex trade partners during the Asian trade session as the dollar extended losses from overnight. Traders are reacting to a surprise contraction for …
Read More »British Pound Softens on Brexit Concerns Mount Again
0.0 00 The British pound softened from a five month high price point during the Asian trade session against the U.S. dollar. Traders are starting to worry, again, about Brexit negotiations. The United Kingdom is ready …
Read More »Crude Oil Tanks 1.5% on Weak Chinese Trade Data
0.0 00 Crude oil futures contracts plummeted overnight during the North American trade session. The headline contracts extended steep losses seen over the last two days thanks to weaker than expected trade data out of China …
Read More »Asian Traders Cautious over the Trade Deal
0.0 00 Asian and Pacific Rim traders were showing caution during the Asian trade session on Tuesday. Regional traders want more details surrounding President Donald Trump’s so-called Phase One trade deal between the United States and …
Read More »Dollar Loses Steam and Brexit comes back into Focus
0.0 00 The dollar is trading near a better than two month low against the Japanese yen during the Asian trade session. The dollar is running out of steam as trade related optimism is fading. Forex …
Read More »Asian Sentiment Improves on Partial Trade Deal
0.0 00 Asian and Pacific Rim markets were trading mostly higher on Monday as sentiment among Asian traders improved. Traders are digesting a partial trade deal between the United States and China and other commentary from …
Read More »Asian Markets up on Trade Optimism
0.0 00 The Asian equity markets were broadly higher by the afternoon, Hong Kong time. Asian traders are optimistic as positive comments are being heard out of the trade talks between the United States and China. …
Read More »British Pounds Gaps Higher on Brexit Optimism
0.0 00 Traders are somewhat optimistic about trade talks between the United States and China. Also headlines out of North Ireland and the United Kingdom are soothing fears of Brexit, which boosted the British pound. The …
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