Busy week for USD, GBP traders By Ipek Ozkardeskaya, Senior Market Analyst LCG The pound started the week on a positive note. Cable gained ground above the 100-day moving average (1.3115) in Asia, after having plunged to 1.3069 on Friday due to aggressive USD purchases following the...
Read MoreGold prices gained in Asia on Monday with sentiment upbeat and the market well supported as recent dollar gains were taken in stride and demand cues in the physical markets were eyed ahead of end of the year holidays. Gold futures for December delivery edged up...
Read MoreGBP up post-GDP, AUD down on soft CPI By Ipek Ozkardeskaya, Senior Market Analyst LCG The US stocks gained in New York, the Nikkei 225 ended its record sixteen-day winning strike in Tokyo. The USDJPY didn’t get the chance to test Monday’s post-election high of 114.10 yet....
Read MoreLONDON (Reuters) - The dollar traded near a three-month high against the yen on Wednesday, underpinned by reports that Republican senators were favoring John Taylor to become the next head of the U.S. Federal Reserve. Australia's dollar was the biggest mover among major currencies, tumbling as...
Read MoreCurrency markets lack direction, VIX up By Ipek Ozkardeskaya, Senior Market Analyst LCG The EURUSD cleared support at the 100-day moving average (1.1750). The decline in the euro yields weighed on the sentiment on Monday, as the generic 10-year euro yield slid by 4.43%. European yields rebounded...
Read MoreThe dollar held gains in Asia on Monday as results showed the coalition led by Japan's Prime Minister Shinzo Abe won a super majority in Sunday's polls, suggesting increased divergence in monetary policy with the U.S. The election showed that Abe's coalition was on track for...
Read MoreTo those who are celebrating, Vesbolt team are wishing you HAPPY DEEPAVALI !!! ...
Read MoreIBEX up before Rajoy's reaction, Fed minutes in focus By Ipek Ozkardeskaya, Senior Market Analyst LCG European traders took over a strong market from Asia. Japan’s Nikkei 225 traded at the highest level since 1996, as Korea’s Kospi closed at a record high. The IBEX 35 (+1.15%) opened upbeat after...
Read MoreTHE EMPLOYMENT SITUATION -- SEPTEMBER 2017 The unemployment rate declined to 4.2% in September, and total nonfarm payroll employment changed little (-33,000), the average hourly wage grew by 0.45 percent, for a year-over-year gain of 2.9%, about 1.47m people were unable to work due to bad...
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