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Asia FX news roundup: USD maintains ISM/Clarida gains

  • 05 August, 2021
  • 5:39 pm EEST

Asia Forex News Wrap: During the Asian session, forex volatility and ranges have fallen, but the dollar has largely kept its gains. USD/JPY rose slightly to just over 109.70. (its not far from there as I post). The USD/CHF pair…

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European FX news roundup: Kiwi maintains advances, risk appetite remains lukewarm

  • 04 August, 2021
  • 6:00 pm EEST

Kiwi maintains advances, risk appetite remains lukewarm For the most part, it was a quiet session with eurozone services. PMI numbers are primarily reaffirming the region's more robust recovery in the heart of summer, while rising cost inflation may still…

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Asia FX news roundup: The New Zealand dollar rises on the back of a strong employment report.

  • 04 August, 2021
  • 5:42 pm EEST

The New Zealand dollar rises on the back of a strong employment report. The New Zealand dollar gained ground throughout the session, owing to a significant decline in the unemployment rate revealed in the most recent employment data (see bullets…

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Savings accumulated amid outbreak and their effect on the global economy

  • 04 August, 2021
  • 2:01 pm EEST

The coronavirus (COVID-19) pandemic has resulted in a massive stock of household savings throughout sophisticated nations, far above what has been seen previously. The funds collected since early 2020 have the ability to affect the post-pandemic recovery due to their…

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European FX news roundup: The dollar continues to suffer, while the RBA maintains its tapering policy.

  • 03 August, 2021
  • 5:57 pm EEST

     European FX news roundup: The RBA's August policy decision was featured towards the tail end of Asia Pacific trade, and the central bank shocked by sticking to its tapering plan despite concerns over the spread of the virus…

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