Daily Report

The talk of a March rate hike by Fed is heating up this week. It's reported that based on Bloomberg's world interest rate probability tool, the markets are pricing over 50% chance for a March hike. Sh...
Daily Report

Euro recovers mildly today but remains the second weakest major currency for the week, next to Swiss Franc. Dollar, on the other hand, lost momentum again. Dollar index was repelled from 101.96 resist...
Daily Report

Dollar was unmoved by the hawkish FOMC minutes released overnight and struggles to extend gain. EUR/USD's break of 1.0520 minor support yesterday is seen as a sign of decline resumption. However, GBP/...
Daily Report

Aussie stays in right range against the greenback despite the relatively update RBA minutes. The minutes showed that the central bank expected recovery in the global economy to list resources exports...
Daily Report

The reversal in treasury yield dragged down the greenback again overnight. 10 year yield closed down -0.052 to 2.450 while 30 yield yield dropped -0040 to close at 3.051. The dollar index is now back ...
Daily Report

US equities jumped overnight and extended the record run as Fed chair Janet Yellen sounded optimistic on the economic outlook. DJIA rose 92.25 pts or 0.45% to 20504.41. S&P 500 rose 9.33 pts or 0....