The Japanese Vice Minister of Finance for International Affairs Masatsugu Asakawa is on the wires again, now commenting on the planned sales tax hike
Risk reversals on gold, a gauge of calls to puts on the yellow metal, rose to their highest level since November 2009 on Wednesday, indicating investo
More comments are crossing the wires from the Japanese Vice Minister of Finance for International Affairs Masatsugu Asakawa, with the key headlines fo
Iron-ore prices traded on the Chinese Dalian Commodity Exchange (DCE) staged a solid comeback and rallied nearly 6% to hit an all-time high of 812 yua
Chinese Commerce Ministry released a statement last minutes, citing that it will maintain anti-dumping and anti-subsidy measures on the US distillers
The sell-off in the NZD/USD has stalled ahead of the Federal Reserve's closely-watched policy decision later in the day. The currency pair rose 0.52%
Reuters reports the latest comments by Masatsugu Asakawa, Japanese Vice Minister of Finance for International Affairs, as he responds to the falling 1
The Societe Generale Analysts offer a sneak peek at what to expect from the Federal Open Market Committee (FOMC) June monetary policy decision that wi
USD/JPY has been restricted to the 108.80-107.80 trading range since June 4. Further, the pair is now trapped in a falling channel for almost two mont
Having failed to cross the 200-DMA, the USD/IDR pair remains on the back foot ahead of BI meeting as it takes the rounds to 14,272 during early Wednesday.
On Wednesday, the People’s Bank of China (PBOC) conducted the medium-term lending (MLF) facility, with the key details found below. PBOC Injected 240
While speaking at a rally of supporters earlier today, the US President Trump did make some remarks on a potential US-China trade deal at the G20 Summ
Japanese bond yields are feeling the pull of gravity a day after the European Central Bank President Draghi dropped a clear hint that the central bank
While failure to cross 21-HMA dragged the EUR/GBP pair down, 200-HMA and two-week-long support-line limit the quote’s immediate declines on early Wednesday.
The People's Bank of China (PBOC) has set the Yuan reference rate at 6.8893 vs Tuesday's fix of 6.8942.
AUD/USD is flat-lined in Asia with traders ignoring a clear signal by Westpac–Melbourne Institute Leading Index that Australian economic growth will l
USD/CHF’s sustained trading beyond 21-DMA now enables the buyers to take the bids near 1.0010 during the early Asian session on Wednesday.
USD/JPY has started out in Tokyo sideways, moving in a range between 108.53/60. Risk on markets sent the yen down while U.S. yields retraced from lows
Further to earlier news, where Trump was asked if he wanted to demote Fed chair Powell, he and said, 'Let’s see what he does,' there is chat that he w
EUR/USD's ongoing pullback has taken the shape of a bullish reversal pattern on shot duration charts. At press time, the pair is trading at 1.1201, ha
Australia Westpac Leading Index (MoM) remains unchanged at -0.1%
Even after breaking a week-long descending trend-line, 38.2% Fibonacci retracement limits the GBP/JPY pair’s immediate upside.
In addition to a surprise decline in private crude inventory data, fresh optimism surrounding the US-China trade deal also lures USD/CAD sellers.
Forex today was seeing risk-on FX performing, basking in the rays of optimism following confirmation from both sides that Trump and Xi will be meeting
Japan Adjusted Merchandise Trade Balance came in at ¥-609.1B, below expectations (¥-2.2B) in May
With the growing expectations of soft Brexit, buyers carry favor for the British Pound (GBP) as the GBP/USD pair trades around 1.2565 during early Tuesday.
Japan Merchandise Trade Balance Total above expectations (¥-979.2B) in May: Actual (¥-967.1B)
Japan Imports (YoY) came in at -1.5% below forecasts (0.2%) in May
Japan Exports (YoY) below expectations (-7.7%) in May: Actual (-7.8%)
Oil managed a bid above the 200 weekly EMA overnight but has not pulled away entirely. The 61.8% Fibo is also located in this vicinity and has stabli
The NZD/USD pair showed little reaction to first quarter current account data while trading near 0.6530 during early Tuesday.
Gold fell $10 shy of the Jan and April highs overnight that came in at around 1365. A run through there will open the summer 2016 highs in the 1370s
New Zealand Current Account - GDP Ratio below forecasts (-3.5%) in 1Q: Actual (-3.6%)
New Zealand Current Account (QoQ) registered at $0.675B above expectations ($0.526B) in 1Q
Early on Wednesday, Reuters came out with a news report quoting The Times that heard from its sources inside the Labour party.
However, longer term, the cross penetrated a 38.2% retracement at 123.10 in a continuation of the downside. A break of the 120 psychological level wi
Even after clearing 50-HMA, AUD/JPY is still left to cross the 100-HMA upside barrier as it takes the rounds to 74.56 during early Tuesday.
Having been buoyed by the upbeat risk sentiment, mainly due to the trade positive news, the AUD/USD pair stabilizes near 0.6875 during the early Wednesday.
United States API Weekly Crude Oil Stock fell from previous 4.85M to -0.812M in June 14
Renewed optimism surrounding the US-China trade talks helps the NZD/USD pair to succeed it its second attempt of recovery.
The S&P500 finally broke above the 2,910.00 resistance. The market is bullish above the main daily simple moving averages (DSMAs). S&P500 4-hour chart
The U.S. benchmarks rallied on Tuesday, bolstered by the optimism of a trade deal between the US and China as well as prospects for easier monetary po
US Pres Trump has been crossing the airwaves with the following comments: He has a good relationship with Xi. US/China negotiating teams are starting