Market Talk
- The dollar rose against the yen on Tuesday as Japanese investors and companies rushed to cover a shortage of the U.S.
Tag: EUR/AUD
FX Trading Idea – EUR/AUD
In our Chart Focus today, we had recommended EUR/AUD. Price has rallied higher to 1.8100… Read More
FX Commentary – Funds Flows Continue To Dominate Fundamental
Market Talk
- The dollar slowed its descent after a week of declines and the safe-haven yen edged ahead on Monday, as coronavirus lockdowns tightened across the world and investors braced for a prolonged period of uncertainty.
FX Commentary – Gold Up On Increased Coronavirus Cases And Deaths
Market Talk
- The U.S. dollar continued to rack up gains against its rivals on Wednesday as Federal Reserve Chairman Jerome Powell, in his second day of testimony to Congress continued to talk up the strength of the economy and suggested there was little reason for the Fed to cut rates as the economy remained in a good place.
FX Commentary – NZ Dollar Jumped On RBNZ’s Comments
Market Talk
- Asian currencies found support on Wednesday from a slowdown in the spread of coronavirus, but a strong dollar and caution about the rising death toll kept gains in check, while the New Zealand dollar jumped after the central bank dropped its easing bias.