DAILY HEADS-UP: Markets Recover, BOC in Focus

DAILY HEADS-UP: Markets Recover, BOC in Focus

Markets Recover, BOC in Focus   The US dollar holds onto gains after falling for the past few days. Markets also recovered but concerns about the spread of coronavirus in emerging markets were weighing on sentiment. America’s improving situation is...
DAILY HEADS-UP: USD Weakens on Dovish FOMC

DAILY HEADS-UP: USD Weakens on Dovish FOMC

USD Weakens on Dovish FOMC   The dollar weakened in early European trading Thursday, trading near two-week lows after minutes of the Federal Reserve’s March policy meeting pointed to continued loose monetary policy. The FOMC echoed the bank’s cautious...
DAILY HEADS-UP: Dollar Retreats, FOMC in Focus

DAILY HEADS-UP: Dollar Retreats, FOMC in Focus

Dollar Retreats, FOMC in Focus   The market mood remains upbeat amid better growth expectations. The US dollar is on the back foot as US Treasury yields dropped as investors buy bonds after the previous sell-off related to upbeat US data. US President Joe Biden...
DAILY HEADS-UP: USD Regains After Pullback

DAILY HEADS-UP: USD Regains After Pullback

USD Regains After Pullback   The dollar sank to an almost two-week low versus a basket of its peers on Tuesday, moving in tandem with retreating Treasury yields from recent peaks despite signs of a robust U.S. economic recovery. (Reuters) The dollar index...
DAILY HEADS-UP: Trades Mixed on Extended Holiday

DAILY HEADS-UP: Trades Mixed on Extended Holiday

Trades Mixed on Extended Holiday Asian shares remain mildly bid while across the FX board, regained demand for the US dollar has fizzled the recovery attempts in most majors. The market mood remains cheerful, as investors bet on faster economic recovery after the US...
DAILY HEADS-UP: Asian Shares Positive, Oil Slips

DAILY HEADS-UP: Asian Shares Positive, Oil Slips

Asian Shares Positive, Oil Slips   Asian shares edged higher on Monday amid economic optimism. Hopes of COVID vaccine calls for faster economic recovery. Stocks in China are on their move to recovery early-March equity rout whereas those from Hong Kong, South...