Today's major FX rates remained quiet, trading in extremely tiny ranges, with little net change from late US levels. Watching the Olympics appears to be on many people's schedules, especially as they anticipate the Federal Open Market Committee announcement and…
Continue ReadingChina's sour tones weighed on sentiment earlier, but the bleeding has halted now that local markets are closed. As the focus now shifts to European trading and attention returns to the Fed tomorrow, this may be helping to see the…
Continue ReadingStock futures in the United States fell on Monday as China made a series of actions indicating that tensions between the world's two largest economies are likely to worsen. The E-mini S&P 500 futures ES00 and the Nasdaq 100 futures…
Continue ReadingThe market has maintained its calmer mood in recent days, while COVID-19 concerns are gradually creeping in. For the time being, however, that is insufficient to derail the risk rally/rebound following the decline to begin the week on Monday. European…
Continue ReadingAsia FX news roundup: NZD slightly lower, JPY slightly higher Regional equities rose again today, with China and Hong Kong following Wall Street's lead on Wednesday. Japan's markets were closed for the holiday, and they will be closed again tomorrow.…
Continue Reading
