Risk Mounts Ahead of US Election
Asian equity markets were subdued, and US equity futures traded choppy after last Friday’s losses on Wall Street.
Tag - cad - canadian dollar
NASDAQ Point a 3% Decline
US stock markets tumbled at the opening on Thursday as the Federal Reserve's warnings about a slow recovery from the pandemic.
Risk Off after FOMC Statement
USD strengthens further in the post-FOMC Asia session. Read the article to get fresh analysis of EUR/USD, GBP/USD, CAD/JPY and silver!
The GBP is the strongest and the USD is the weakest before FOMC
The Federal Reserve wraps up its regular two-day policy meeting, with the publication of its post-meeting statement at 2 PM ET (1800 GMT), and Chairman Jerome Powell’s press conference half an hour, as usual.
NZD Strongest and EUR Weakest Against the USD
Asian equity markets traded mixed and only partially benefitted from the technology gains in the US.
Choppy Markets in US Session
China’s economy continued its rebound from the coronavirus pandemic, with a round of key data for August all coming in above expectations.
NZD Strongest and AUD the Weakest Against the USD
Eurozone March industrial production comes at 4.1% vs 4.2% m/m than expected
GOLD and SILVER Lose Strength
XAG/USD: Silver stands above the 23.6% retracement area. An indecision still exists.
How deep may pound dip?
The pound has slumped against other major currencies amid fears over the no-Brexit deal. More details have recently come out over EU-UK tensions. Let’s get into them straight away.
JPMorgan advises to buy CAD against the GBP
GBP/CAD keeps falling to the downside amid fears over the no-Brexit deal. According to JPMorgan, the pair will continue dipping throughout the whole of September.
September 9: let's go selling
EUR/USD, GBP/USD, USD/JPY and AUD/USD go down…
Risk Averse Lead Markets
Asian equity markets were lower across the board amid strong headwinds from Wall Street where the tech rout intensified on return from the long weekend.
