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Friday’s session was hallmarked by comments from ECB President Draghi, which kept markets on the scent for a range of easing measures at next week’s hotly-anticipated meeting. As a result, EUR underperformed among currencies, and European equities reversed early...
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It’s been a past 24 hours of consolidation for Currencies with the US Dollar giving up some ground, the Bloomberg spot US dollar index losing 0.67% yesterday. Equities have been mixed with modest rise in Europe while the US market closed flat having opened higher...
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It is a bit odd coming in to see Hard Commodity prices under the pump (including a $2 drop in Iron ore prices, new cycle lows for Copper and Oil off another buck) but the AUD at the top of the G10 FX leader board. We can I suppose point to a further recovery in…...
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