0.0 00 During today’s Asian trade session, the dollar remained weaker thanks to traders expecting the Federal Reserve Board to cut its benchmark rate by their July meeting. Safe haven asset currencies like the Swiss franc …
Read More »Asian Markets Mixed to Start the Week
0.0 00 Asian markets, Monday, were mixed by the afternoon. Traders are still concerned over simmering tensions between Iran and the United States. Last week, Iran shot down a U.S. drone in the Strait of Hurmuz. …
Read More »Crude Oil Rises on ME Tensions and the G-20 Summit
0.0 00 Monday, during the Asian trade session, crude oil futures contracts found support as tensions between Iran and the United States continue to simmer in the Middle East. Over the weekend, Secretary of State Mike Pompeo said …
Read More »Euro hits a 3 Month High Price Level against the USD
0.0 00 On Monday, during the Asian trade session, the euro hit a three month high against the dollar. Traders are bearish on the U.S. dollar as they are betting that the Federal Reserve will cut …
Read More »Asian Markets move lower thanks to Global Tensions
0.0 00 Asian traders were a tad cautious Friday. Tensions still linger as there is still a possibility of an armed conflict between Iran and the United States after Iran shot down a U.S. drone in …
Read More »Crude Oil Prices Extend Gains on ME Tensions
0.0 00 Crude oil futures contracts extended gains into the Asian trade session on Friday. The international futures benchmark, Brent, is on pace to see its first weekly gain in five weeks. Escalating tensions in the …
Read More »Asian Markets Broadly Higher after the Fed Announcement
0.0 00 The Asian markets were broadly higher during today’s Asian trade session. Asian and regional traders were digesting yesterday’s monetary policy and rate decision from the U.S. Federal Reserve. They also were studying the monetary …
Read More »Gold hits a 5 year High after the Fed Decision
0.0 00 Gold futures jumped higher after the Federal Reserve Board announced their monetary policy and rate decision on Wednesday. The bullion was extending gains during the Asian trade session today. As expected, the Fed left …
Read More »Dollar Goes on the Defensive after the Fed Decision
0.0 00 The U.S. dollar was on the defensive Thursday during the Asian trade session. Overnight, the Federal Reserve kept rates as is but signaled that rate cuts were on the near horizon. The Fed is …
Read More »Asian Markets Higher after Trump and Xi Confirm Plans to Meet
0.0 00 Asian benchmark equity bourses gained ground by the afternoon, on Wednesday. Trader optimism was improved after China and the United States confirmed that their leaders would meet, next week, at the G-20 Summit in …
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