Aussie Supported by GDP, Dollar Turns Soft in Consolidative Markets
The markets are relatively mixed so far. Dollar’s rally attempt was brought to a halt overnight while Euro and Swiss Franc recovered. C...
ActionForex
China PMIs Affirm Broad-based Slowdown in Activities
China’s PMI readings eased further in February, signalling that economic growth is losing steam. However, vaccination program worldwide...
Euro Drops on ECB Comments, Swiss Franc Weaker
Euro is under some pressure today after a heavy ECB official indicated the readiness to response to surging yields. But Swiss Franc is ...
RBA Review – QE Might Increase Further to Curb Rising Yields and Exchange Rate
As widely anticipated, the RBA left all monetary policy measures unchanged. As a summary, the cash rate target, the 3-year Australian G...
Aussie Steady after RBA, Yield Retreats, Stocks Mixed
Global treasury yields softened mildly this week, which helped the rebound in US and European stocks yesterday. But the positive sentim...
Swiss Franc Sold Off Again as Stocks Rebound, Yields Turned Mixed
Swiss Franc is in deep selloff again today as risk sentiment further stabilized in the markets. European indices rebound broadly while ...
Markets Stabilize in Tight Range, Employment and Prices Data in Focus
Commodity currencies and Sterling recover broadly as sentiments in Asian markets stabilized, after mixed economic data. In particular, ...
RBA Preview – Assessing Impacts of Rising Yields on Economy after Unexpected Increase in Bond Buying
At tomorrow’s meeting, the RBA should leave all monetary measures unchanged. The cash rate, 3-year yield target and the rate on the TFF...
A Wild Week of Metals, Yields, Stocks and Dollar
Just after DOW hit new record high in the middle of last week, the rally was choked by skyrocketing treasury yields. Dollar surprisingl...
CFTC Commitments of Traders – Risky Currencies Pulled Back on Profit-Taking
As suggested in the CFTC Commitments of Traders report in the week ended February 23, NET SHORT of USD Index futures dropped -436 contr...