Oil slides, gold steady after FOMC
Oil plunges to three-month lows in risk-averse trade Oil prices are among those risk assets sufferin...
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Jittery markets Post-Fed
It’s been a very strange start to trading on Thursday, with stock markets suffering heavy loss...
Australian dollar extends slide
Aussie slides on Covid, risk aversion It has been another rough day for the Australian dollar. AUD/U...
Oil falls, gold stays steady
Oil sinks further on growth concerns Both Brent crude and WTI endured a tough day at the office yest...
US dollar edges higher
The US dollar jumps in Asia on EUR/USD stops The US dollar edged higher overnight as the FOMC Minute...
Asian markets head lower
Asia markets turn south As it diverged from New York’s lead, the bottom fishing across Asia we...
Hold on a minutes
FOMC signals tapering is on the way The overnight release of the FOMC Minutes provided some drama, w...
Oil weaker on gasoline build, gold steady
Oil Crude prices extended losses after gasoline stockpiles unexpectedly rose, marking the end of pea...
Taper is coming, probably not September, housing data, dollar volatile, bitcoin higher
US stocks didn’t know how to react to the Fed’s minutes. Stocks initially tumbled as most part...
NZD/USD – Double blow piles pressure on support
RBNZ catches market off guard Two months of consolidation has made things a little dull for the NZD...
Oil gives up gains, gold steady
Oil gives up earlier gains, EIA reports higher draw Oil prices are flat on the day after giving up e...
Caution ahead of Fed minutes
A day of caution in the markets, with Europe a mixed bag and the US opening marginally lower as we a...
Aussie extends losses, job data next
It has been a rough week for the Australian dollar, which has is down close to 2 per cent this week....
Canadian dollar drifting as CPI jumps
The Canadian dollar is flat on Wednesday, despite a rise in consumer inflation in July. Currently, U...
New Zealand dollar stabilizes at 69
The New Zealand dollar is steady on Wednesday, after sustaining massive losses a day earlier. NZD/US...
Oil under pressure, gold rises
Oil continues to suffer recovery nerves The weaker than expected US Retail Sales data and ensuing US...
The US dollar soars on risk aversion
US dollar jumps on soft retail sales, Covid The US dollar soared overnight after retail sales missed...
Asian equities higher despite concerns
Asian equities stage a surprise rally Asian equities are higher across the board this morning, despi...
Kiwi leads traders on a Delta dance
New Zealand is grabbing the headlines in Asia today, but for all the wrong reasons. It reported its ...
GBP/USD – A Bearish Red Flag?
UK labour market healthy as furlough scheme prepares to draw to a close The pound slid following the...