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USD/JPY soars during the week, despite US dollar weakness across the board. Rising US T-bond yields underpins the USD/JPY pair. US Retail Sales upwardly surprised, rose by 0.7%, more than … Read More
XAG/USD is steady as the US 10-year T-bond yield sits firmly around 1.61%. The US Dollar Index seems poised to close above 94.00 for the second consecutive week. Silver (XAG/USD) … Read More
The risk-on market sentiment struck government bond yields and the US dollar. UK’s IHS Markit Manufacturing PMI came at 57.1, better than expected. US ISM Manufacturing PMI shows expansion in … Read More
Asian equities consolidate recent losses, mostly heavy though. Japan begins the week with over 1.5% losses, Australia prints mild gains. RBNZ’s Hawksby stays cautiously optimistic but RBNZ rate hike in … Read More
GBP/USD keeps recovery moves from monthly low, snaps three-day downtrend. DXY eases despite firmer Treasury yields as market sentiment improves. UK eases travel norms, terms France as friends. UK PM … Read More
The chairman of troubled China Evergrande Group, Hui Ka Yan, is out on the wires now, via Reuters, offering some conciliatory comments in a bid to calm the market nerves. Key quotes “Confident the … Read More
Gold (XAU/USD) picks up bids to refresh intraday high around $1,765, rising for the second consecutive day, during early Tuesday. The yellow metal dropped to the lowest since August 11 … Read More
AUD/USD keeps recovery moves from monthly low, seesaws around intraday high of late. RBA Minutes reiterate virus-led challenges to the economy and rejects rate hike before 2024. Market sentiment improves … Read More
AUD/NZD recovers from Monday losses, trades above 1.0350 China’s real-estate Evergrande weighs on the market sentiment On Tuesday, the RBA will release its last meeting minutes. RBNZ’s Hawksby: We had … Read More
US 10-year Treasury yields remain pressured after the biggest fall in multi-day. Off in China allows bears to take a breather but Fed tapering woes, geopolitics back risk-off mood. Second-tier … Read More
