Market News

The dollar held steady against the yen on Monday, taking a breather after last week’s rally and as it treads cautiously amid lingering concerns over a U.S.-China trade spat.

China has slapped extra tariffs of up to 25 percent on 128 U.S. products including frozen pork, as well as on wine and certain fruits and nuts, in response to U.S. duties on imports of aluminum and steel, China’s finance ministry said.

Overall risk appetite and end-of-quarter profit-taking sent the yen to the bottom of the forex heap last week. Will this week’s catalysts send it back up?

We’ve got a busy week ahead for the Aussie with tons of top-tier Australian reports on tap. Here’s what you can expect from the events.

Positive geopolitical updates propelled Kiwi to the top spot last week. Will this week’s catalyst extend its uptrend? Or will it go back to its bearish ways?

The turbulent start to 2018 in financial markets has finally brought an end to one of the longest ever global bull runs – and there have been few places to hide.

The dollar stalled against its peers on Friday as the recovery seen earlier this week petered out ahead of the new quarter, which could potentially bring renewed pressure on the greenback.

Gold prices dipped on Thursday as the dollar held its strong gains from the previous session, but simmering tensions over Russia and a potential trade war offered support.

The euro gained slightly on Thursday after data showing German unemployment falling more than expected pointed to continued strength in the euro zone’s largest economy, while end-of-quarter investor rebalancing limited broader currency moves.

Oil fell on Wednesday as investors took profit on a rally the day before to this year’s highs after a report showed a surprisingly large increase in U.S. crude inventories.

Price action was rather wonky during the morning London session since the Loonie crushed its peers despite falling oil prices. In addition, the yen and Swissy were the worst-performing currencies despite the prevalence of risk aversion in Europe.

Stocks toppled again on Wednesday, as jitters about a U.S.-China trade war and regulatory crackdown on firms such as Facebook left investors facing their first quarterly fall in equity markets in two years.

Here’s part 2 of my two-part series on the latest central bank biases. This time, we’ll be focusing on the Fed, the BOE, the ECB, and the BOJ.

Just when it looked like Asian session traders will take their cues from the previous session, a surprise announcement boosted sentiment across the board.

Asian shares fell on Wednesday after Wall Street was knocked hard by concerns about tighter controls on the tech industry, denting a brief global equities recovery driven by hopes that the risk of a U.S.-China trade war was easing.

The U.S. dollar continued its ascent from the earlier trading session while the Aussie lagged far behind as risk aversion and profit-taking took hold of financial markets.

The dollar rose against a basket of major currencies on Tuesday, rebounding from a five-week low hit earlier in the session, as trade tensions receded and the greenback found support from month-end flows.

Canada will act to prevent the smuggling of cheap steel and aluminum into the North American market to avoid new U.S. tariffs on the metals, Prime Minister Justin Trudeau said on Tuesday.

OPEC and Russia are working on a long-term deal to cooperate on oil supply curbs that could extend controls over world oil supplies by major exporters for many years to come.

Oil rose on Tuesday, holding above $70 a barrel for a third day, supported by concerns that tensions in the Middle East could lead to supply disruptions, although with global output rising fast, investors remained cautious.