|
NEWS | 6 minutes ago The EUR/USD pair jumped to 1.1542 in Asia – the highest level since Aug. 9 as the Asian desks offered the USD in response to the overnight drop in the treasury yields. The news hit the wires on Monday that President Trump voiced concern regarding Fed’s policy tightening at a Hamptons fundraiser this weekend. As a […]
NEWS | 21 minutes ago In its monthly report published on Monday, the German Finance Ministry warned about the additional risks to the German economy, in the wake of Turkey’s currency crisis. Key Quotes: “Risks remain particularly with regards to uncertainty over how Brexit is going to pan out as well as future U.S. trade policies.” “The […]
NEWS | 3 minutes ago Comex copper has hit a 13-month low today. Falling commodity prices could push the AUD/USD below 0.72. The AUD/USD is fast losing altitude in Asia, courtesy of falling commodity prices. As of writing, the currency pair is trading at 0.7205, having hit a high of 0.7243 earlier today. Comex copper has hit a 13-month low of […]