Market News

The dollar edged higher against the yen on Thursday, paring some of the losses it suffered after U.S. President Donald Trump suggested a shutdown of the government was possible and threatened to terminate the North American Free Trade Agreement.

Asian stocks and the dollar edged up on Thursday, shaking off the risk aversion that gripped financial markets overnight after President Donald Trump threatened to shut down the U.S. government and end the North American Free Trade Agreement.

I’m seeing a few intermarket correlations getting stronger for the past few weeks, and it looks like risk sentiment has been the major driving force.

The dollar inched higher on Thursday, paring some of the losses it suffered after U.S. President Donald Trump suggested a shutdown of the government was possible and threatened to terminate the North American Free Trade Agreement.

Gold nudged lower early Thursday, giving up some of its gains made after U.S. President Donald Trump’s threat of a government shut down, while investors began to focus on a major central bankers conference in Jackson Hole.

Oil prices were little changed in early trade on Thursday, holding most of their gains from the previous session after another fall in U.S. crude inventories which is seen as a sign of a tighter market.

The dollar carried on with its slide from the previous trading sessions as investors began to take Trump’s government shutdown threats seriously.

Stocks on Wall Street, the dollar and Treasury debt rates all fell on Wednesday after U.S. President Donald Trump’s threat to shut down the government and nix a trade accord with Canada and Mexico gave investors pause.

The dollar fell on Wednesday in a generally risk-averse market after U.S. President Donald Trump suggested a shutdown of the government was possible and threatened to terminate the North American Free Trade Agreement.

EUR across the board, thanks to the latest batch of Euro Zone PMI reports. Meanwhile, GBP extended its losses, as Brexit-related jitters dampened demand.

There’s recently been a lot of talk about the Jackson Hole Symposium. And if you’re wondering what it’s all about, then today’s write-up will certainly help you out.

Sterling fell below $1.28 for the first time since late June on Wednesday while deepening its recent losses against the euro as gloom over Britain’s economic prospects and the Brexit process encouraged investors to push the pound lower.

The yen gained across the board after Trump’s hints of a government shutdown weighed on USD/JPY and the yen crosses.

The dollar edged down against the yen on Wednesday after U.S. President Donald Trump raised the specter of a government shutdown to fulfill a campaign pledge.

Gold prices inched higher on Wednesday as the dollar slipped after remarks by U.S. President Donald Trump raising the specter of a government shutdown if needed to fulfill a campaign pledge to build a wall on the country’s border with Mexico.

Oil prices fell on Wednesday, weighed down by concerns of oversupply as Libyan output improves and as U.S. gasoline inventories rose despite the peak summer driving season.

The Greenback extended its climb from the previous trading session, taking advantage of the risk-off moves stemming from persistent geopolitical risks.

Global equity markets rallied on Tuesday, lifted by mining companies in Europe and surging technology shares on Wall Street, while crude oil rebounded on indications that supply is gradually tightening, especially in the United States.

Oil inched up on Tuesday, lifted by expectations of another crude stockpile drawdown in the United States but price gains were limited amid the reopening of Libya’s largest oil field.

The dollar rallied on Tuesday after falling for two straight days, benefiting from the euro’s decline following weaker-than-expected euro zone data as well as investors adjusting positions ahead of a global central bankers’ conference this week.