Market Talk
- The dollar held its ground on Monday as concern about global tensions with China dampened improving sentiment from easing coronavirus lockdowns.
Tag: AUD/JPY
FX Commentary – Gold Should Test 8-Year High at $1748
Market Talk
- On Friday morning, the U.S. dollar gives up some of its gains from Thursday amid concerns that U.S.-China
FX Commentary – Euro Declined On Court Decision
Market Talk
- The yen scaled a three-year high against the euro and a seven-week peak on the dollar on Wednesday, after a court decision challenging German participation in Europe’s stimulus program and worries about a bumpy global recovery spooked investors.
FX Commentary – US Dollar Handed Back Gains On Trade War Fears
Market Talk
- The US dollar handed back gains on Tuesday to commodity currencies as oil price bounced back but hung on against the Yuan as traders weighed optimism about a coronavirus recovery in China against fears about rising Sino-U.S.
FX Commentary – US Dollar Continues To Hold Gains
Market Talk
- The dollar and yen held broad gains on Wednesday, as a bounce in oil prices failed to calm market nerves, with the week’s rout and frail fuel demand underlining a grim outlook for the global economy and fears of a deep economic downturn.