MARKET NEWS
Xtreamforex Asia FX news wrap: Another hurricane hits the US Gulf
Xtreamforex Asia FX news wrap: Another hurricane hits the US Gulf With US oil attempting to recuperate from the harm done by Hurricane Ida, Tropical Storm Nicholas has been redesigned (only before I posting this wrap) to Hurricane Nicholas. It’s normal to make landfall on the Texas coast unavoidably. Oil has inched a little higher
Read moreXtreamforex Asia FX news wrap: Mixed bag for FX to open the week
Xtreamforex Asia FX news wrap: Mixed bag for FX to open the week Blended moves for monetary forms and, in the master plan, not a ton of net change with the little swings we saw. NZD/USD is a touch more fragile, the delta episode is demonstrating diligence in the country with the most elevated new
Read moreUS President Biden to decrease hospitalizations and deaths
Xtreamforex Asia FX news wrap: US President Biden to decrease hospitalizations and deaths The heads of China and the US represented the first run-through in going on 7 months today, the readout from the US side said it was a ‘wide, essential conversation’. Those are the conversations you have when you can’t concur on much
Read moreXtreamforex Asia FX news wrap: Fed’s Kaplan wants to taper ASAP
Xtreamforex Asia FX news wrap: Fed’s Kaplan wants to taper ASAP The feature of the session was a drawn-out conversation including Federal Reserve Dallas branch President Kaplan. Leaving to the side the current furor over his own exchanging briefly he gave a nitty-gritty framework of what he is searching for to start QE tightening. More
Read moreThe Reserve Bank of New Zealand issued a report on bank liquidity
The Reserve Bank of New Zealand issued a report on bank liquidity It was an essentially sideways meeting for major FX rates. AUD, NZD, CAD all showed a modest quantity of solidarity against the USD. The News stream was exceptionally light. On the information front, we had Japanese GDP, the last read for Q2 came
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