Forex2 hours ago (May 26, 2020 03:27PM ET) (C) Reuters. China Tensions Spur $2 Billion of Bets on Currency Options (Bloomberg) — Foreign-exchange options traders anxious about worsening U.S.-China relations are using key currency proxies to hedge against the uncertainties. Tuesday saw nearly $1.4 billion of options traded on the Hong Kong dollar and U.S. […]Read More

Forex3 hours ago (May 26, 2020 02:11PM ET) (C) Reuters. By Yasin Ebrahim Invesing.com – The pound had its biggest one-day surge against the dollar in more than a month on Tuesday, but is still likely to cap off the month in the red and likely faces a bumpy road ahead amid little progress on […]Read More

Forex12 hours ago (May 26, 2020 05:45AM ET) (C) Reuters. Euro’s Comeback Rests on EU Leaders Agreeing on a Recovery Fund (Bloomberg) — Leaders in the euro area need to make its widely-touted recovery fund a reality to revive the fortunes of its battered currency. The euro’s comeback was threatened after the so-called frugal four […]Read More

Forex15 hours ago (May 26, 2020 02:48AM ET) (C) Reuters. By Peter Nurse Investing.com – The U.S. dollar sold off in early European trade Tuesday amid optimism over the global recovery given positive news of a potential coronavirus vaccine as well as the further reopening of economies, prompting investors to edge out of this safe […]Read More

Forex17 hours ago (May 26, 2020 12:45AM ET) (C) Reuters. Pound Traders May Be Facing Choppiest June Since Brexit Vote (Bloomberg) — The pound is heading for this year’s worst monthly slide, and a lengthening list of risks is pointing to more turbulence in June. Sterling traders look set to face heightened uncertainty on multiple […]Read More

Forex18 hours ago (May 25, 2020 11:39PM ET) (C) Reuters. By Gina Lee Investing.com – The dollar was down on Tuesday morning in Asia, with investor risk appetite increased by ever more countries cautiously loosening lockdowns to curb the COVID-19 virus and increased hopes of economic recovery from the virus’s impact. U.S. biotechnology company Novavax […]Read More

Forex20 hours ago (May 25, 2020 09:40PM ET) (C) Reuters. An employee shows U.S. dollars banknotes at a money changer in Jakarta By Tom Westbrook SINGAPORE (Reuters) – The dollar inched lower on Tuesday as growing optimism about a global recovery from the COVID-19 pandemic supported riskier currencies, though concerns about Sino-U.S. tensions held further […]Read More

ForexMay 25, 2020 12:45PM ET (C) Reuters. Hong Kong Dollar Bears Are Going Up Against High Interest Rates (Bloomberg) — Fears that capital could flee Hong Kong are visible just about everywhere in the currency market, testing the local dollar’s resilience to economic recession. Speculators are all-in betting on significant depreciation with derivatives, sending a […]Read More

Forex12 hours ago (May 25, 2020 03:48AM ET) (C) Reuters. By Geoffrey Smith Investing.com — The dollar started the week slightly higher in Europe, albeit in modest volumes depressed by public holidays in the U.K. and U.S., against a backdrop of simmering tension between the U.S. and China. By 3:45 AM ET (0745 GMT), the […]Read More

Forex16 hours ago (May 24, 2020 11:47PM ET) (C) Reuters. By Gina Lee Investing.com – The dollar was down on Monday morning in Asia, giving up its earlier gains after protests in Hong Kong on Sunday escalated U.S.-China tensions. Thousands took to the streets in the Special Administrative Region after China formally tabled national security […]Read More