European Forex News Wrap : The major currencies started pretty calm but are starting to move more as we approach North American trading, with the dollar slipping slightly after yesterday's gains. Risk sentiment is more divided in Europe, but…
Continue ReadingAsia 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…
Continue ReadingKiwi 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…
Continue ReadingThe 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…
Continue ReadingEuropean 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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