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NZD/USD staged a goodish rebound from 50-day SMA support near the 0.7000 round figure. The risk-on impulse weighed on the safe-haven USD and benefitted the perceived riskier kiwi. Hawkish Fed … Read More
AUD/USD gained positive traction on Tuesday and moved further away from multi-week lows. The risk-on impulse weighed on the safe-haven USD and benefitted the perceived riskier aussie. Hawkish Fed expectations, … Read More
GBP/USD gained some positive traction on Tuesday and recovered a part of the overnight losses. The risk-on impulse in the markets weighed on the safe-haven USD and provided a modest … Read More
USD/JPY gained some positive traction on Tuesday and recovered a part of the overnight losses. The risk-on impulse in the markets undermined the safe-haven JPY and provided a modest lift. … Read More
In the view of the analysts at Citigroup, China’s policymakers will step up measures and prevent the China Evergrande Group crisis from becoming a “Lehman Moment” for the country. Key quotes “Policymakers … 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
