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USD/CHF is trading quietly on Monday, after a tumultuous week. In the European session, USD/CHF is trading at 0.9276, up 0.15%.Credit Suisse takeover, central banks take actionThere was a flurry of...
After a tumultuous week in the financial markets, things appear to have settled down. The EUR/USD shows limited movement, trading at 1.0655.Central banks move in unison to contain contagionIt was...
We have seen some strong movement from the British pound this week, which is not surprising given the turmoil which has gripped the financial markets in the wake of the US banking crisis. In the...
The Japanese yen is in positive territory on Friday, trading at 133.02, up 0.56%. USD/JPY touched a one-month low on Thursday, falling as low as 131.72.How will BoJ react to the new wage agreement?The...
It has been a busy week for the euro, reflecting the gyrations we’re seeing in the financial markets. EUR/USD has bounced back from a mid-week slide and is trading at 1.0661, up 0.46% on the...
The euro rebounded on Thursday after sliding 1.5% a day earlier, its worst daily showing since September 2022. In the European session, EUR/USD is trading at 1.0613, up 0.35%.The financial markets are...
It’s been another remarkable day in financial markets and it, unfortunately, doesn’t feel like the worst is behind us.Fear has once again gripped the markets, concerned about a repeat of...
Oil plummets amid economic fearsOil prices have been caught up in the doom and gloom of what we see in equity markets, and after months of consolidation, economic concerns have triggered an aggressive...
The Australian dollar, which posted strong gains early in the week, has run into a wall on Wednesday. In the European session, AUD/USD trades at 0.6638, down 0.66%.Australian job growth expected to...
The British pound has reversed directions after an impressive rally that saw GBP/USD climb 370 points. In the European session, GBP/USD is trading at 1.2154, down 0.24%.US dollar recovers The collapse...
Some calm appears to have returned to financial markets in early trade in Europe this morning but how long will it last?While everyone will be hoping that the turmoil that swept through markets since...
Wild fluctuations in oilOil prices are continuing to whipsaw while remaining within the broad ranges they’ve traded within since early December. Yesterday we saw Brent and WTI testing the lower...
The British pound continues to rally and punched as high as 1.2141 earlier today before retreating. In the European session, GBP/USD is trading at 1.2100, up 0.56%.There are no economic releases out...
The Australian dollar is considerably higher on Monday. In the European session, AUD/USD trades at 0.6617, up 0.58%. Earlier in the day, AUD/USD rose 95 points before paring much of those gains.Bank...
The British pound has extended its gains and is trading at 1.1996 in Europe, up 0.62%. Earlier, GBP/USD pushed above the symbolic 1.20 level.UK GDP rises 0.3%The UK ended a light calendar week on a...
The Canadian dollar continues to sag and has dropped 1.9% this week. Hold onto your hats, as we could have some further volatility from USD/CAD in the North American session, with the release of the...
It would appear investors are taking a cautious stance ahead of tomorrow’s jobs report, a little spooked by Powell’s comments in Congress and fearful of being caught on the wrong side of...