• Thu. Aug 11th, 2022

Jeffrey Halley

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Pelosi relief rally in Asia

Asian markets rise as Pelosi crisis eases The further from Asia Nancy Pelosi goes, the more supportive of local equities it becomes, it seems, as Asian markets draw a collective…

US dollar retreat continues – MarketPulseMarketPulse

US dollar has had an uneven sell-off overnight The US dollar fell overnight, led by losses against the euro for unknown reasons, with the Japanese yen also gaining as US…

Oil slides, gold rally continues

Oil prices slump overnight Although OPEC+ was a damp squib, rising recession fears saw oil prices slump once again overnight after a negative global outlook from the Bank of England…

FOMC sparks US dollar selloff

Dollar falls on Powell’s rate remarks Jerome Powell’s remarks around rate hikes being driven by data sparked a sentiment rally overnight, as markets priced in peak inflation and interest rates.…

US dollar retreat continues – MarketPulseMarketPulse

USD/JPY slump dominates Asian trade The US dollar selloff continued overnight after weak US GDP data saw it enter a technical recession. However, the US dollar’s losses were unevenly distributed.…