May 28, 2015
The Fx market volatility continues as USD strength get stronger by the day and EURO continues to depreciate. Over the previous trading days, the market sees USD bought across board and pushing down all other pairs against it. This strength can be attributed to the comment of the FED Chairman on her position to raise… View Article
May 26, 2015
The USD strength continues to surge higher. This was even strengthens more after listening to Janet Yellen speech on Friday. She reiterated that rate hike might come earlier than anticipated if economic data shows more positive signs. There are a couple of economic data coming out over the week which will further show the direction… View Article
May 19, 2015
Earlier this morning ECB’s Coeure says QE to be front-loaded ahead of “summer lull”. In his comment, he said he doesn’t see the recent selloff in German bunds as a concern as well as sell off in other sovereign bonds, he said it is just a reflection of market correction. Markets responded to this comments… View Article
May 18, 2015
The USD continues to move in the data direction as seen last week. There were a couple of economic data from the US which shows the state of the economy. The data were so poor and has put the USD under pressure. The industrial production came at a five months low while Michigan consumer sentiment… View Article
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