It was a very quiet session, although the market is showing some moderate movement heading into North American trading. For the most part, FX was calm, but in the last hour, the dollar started to make ground, gaining modestly across…
Continue ReadingChina effectively started price controls, moments after posting the Red hot PPI since Lehman, with China's economic planning agency committing to raise supply of important consumer items to stabilize prices, according to a statement on the NDRC website on a…
Continue ReadingA couple of relevant points to keep for the day are outlined. The ones for EUR/USD are bound to keep price action stable at current rates, with major ones expected to drop off later this week in the range of…
Continue ReadingThe market moved fairly sideways for the most part, with the exception of a brief snag with the global Internet after Fastly's CDN fell into some troubles. As the situation resolved, equities fell marginally, but soon recovered as the crisis…
Continue ReadingIn light of major headlines, the session was uneventful, but the dollar was active, as it found a buy early on and maintained gains throughout the morning in Europe. Markets: USD leads, CHF lags on the day European equities higher;…
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