EUR/USD rises to session highs above 1.1350

2020-07-13

  The EUR/USD gains further traction and climbs to 1.1350/55. The dollar loses its grip after opening in Wall St. on Monday. The risk sentiment remains firm at the beginning of the week. The optimistic rating in the risk complex is now putting pressure on those in charge and isRead More →

Asian markets mixed after China moves to stabilize yuan

2019-08-06

Asian markets were mixed in early trading Wednesday, after China’s central bank moved to ease fears of a full-blown currency war. The People’s Bank of China early Wednesday set the daily reference point for the yuan at 6.9996 per dollar, a bit weaker than expected. The currency typically trades upRead More →

Asian markets mixed as Trump moves to ban Huawei

2019-05-15

Asian markets were mixed in early trading Thursday after President Donald Trump signed an order that would ban telecom equipment from countries considered “foreign adversaries,” in a move apparently targeted at China’s Huawei Technologies. On Wall Street, a promising update on the Trump administration’s efforts to reach a trade dealRead More →