Yuan hit after Trump says trade deal could come after 2020 election
China’s offshore yuan fell to its weakest since October on Tuesday while the Japanese yen and Swiss franc rallied after U.S. President Donald Trump said a trade deal...
Copper primed for a pop if U.S./China trade war is resolved
Low inventories across the copper supply chain mean that any resolution to the U.S.-China trade war could trigger a snap rally in prices as consumers rush to restock,...
AUDUSD got a lift from RBA
AUDUSD rallied aggressively on Monday, on a combination of stronger-than expected Chinese manufacturing data and a generally weaker dollar after dismal manufacturing PMI ISM report out of...
EURUSD at fresh lows, further weakness ahead
Despite volatility in the EURUSD pair is at multi-month lows, the euro failed to hold at the 1.10 handle and dipped to early October lows around...
RBA to stay on hold, the wording will matter
Ahead of next week’s RBA policy meeting, AUDUSD continues to bleed, with the pair refreshing Mid-October lows below 0.68 these days. Weakness in the aussie is...
Bleak Economic Data Did Little to Support Euro
The euro continues to struggle for direction on Thursday, with tepid upside attempts attracting sellers for over a week already. As such, EURUSD stays close to the 1.10 handle...
Bitcoin is yet to get back on a solid footing
Bitcoin price was rejected from six-month lows around $6,500 on Monday. Since then, the leading cryptocurrency doesn’t leave attempts to form a bottom and regain the upside...
Oil falls as U.S. rights bill fuels tensions with China
Oil prices fell for a second day on Thursday after official data showed U.S. crude and gasoline stocks rose and President Donald Trump signed into law a bill...
Sterling touches near seven-month high against euro after YouGov poll
Sterling briefly touched near seven-month highs against the euro and rose against the U.S. dollar after a poll suggested Britain’s governing Conservative Party would win a comfortable majority...
Gold Could Recoup Losses in the Longer Term
Gold prices dipped 0.5% on Wednesday to finish at $1,454 amid another record close on Wall Street and a stronger dollar. Traders cheered solid economic data out...
