News

The Pound has extended gains on Brexit hopes, while the dollar has pulled back amid a backdrop of a mixed stock market performance in Asia. Japanese markets managed to outperform after yesterday’s slide, with a weaker Yen helping to underpin equity markets. USD-JPY is trading at 113.88 amid a broadly weaker yen. Chinese markets corrected […]

The Dollar has lifted from lows. EUR-USD has ebbed to the 1.1270-80 area after failing to sustain gains above 1.1300 yesterday. Fundamentals remain favourable for the Dollar with the U.S. economy remaining in relative health and the Fed on course to recommence its gradual-but-persistent tightening schedule at the December FOMC meeting. Cable has tipped back […]

OVERVIEW PM May shared the terms of the Brexit deal with her cabinet. She said the agreement protects jobs, border control, laws, and money.  USD holds losses against peer currencies as consumer prices grew in line with October forecasts. The economic slowdowns in Japan, China, and Germany are stoking fears of the same happening in […]

The Dollar rallied slightly following the in-line U.S. CPI data, though later pulled back, resulting in the DXY falling from highs of 97.25 to lows of 96.86. The Greenback again turned higher after the London close. EUR-USD bottomed at 1.1276, while USD-JPY stayed down as Wall Street was crushed again, bottoming at 113.60 from 114.00 […]

The Dollar has traded broadly softer, extending a them that has evolved over the last couple of days. Sterling has settled at moderately higher levels after rallying during the New York PM session on news that the UK government’s Cabinet approved the Brexit plan, though the odds for the plan passing in parliament look to […]

NEW YORK (Nov 15): U.S. state spending topped $2 trillion for the first time in fiscal 2018, with Medicaid expenditures rising the most along with a…

KUALA LUMPUR (Nov 15): Datuk Seri Tengku Adnan Tengku Mansor has arrived at the Kuala Lumpur Court Complex today to face charges, reportedly involving dubious…