USD/CHF loses ground as the US Dollar weakens for the third consecutive session on Wednesday. Safe-haven demand for the Swiss Franc rises due to escalating US-China trade tensions. Traders await Thursday’s Swiss Unemployment Rate to...
Browsing: News
A publicly traded Canadian cryptocurrency company has purchased more than $250,000 in Dogecoin, joining a growing list of firms that have loaded up their balance sheets with leading cryptocurrencies in recent months. Neptune Digital Assets—a...
NZD/USD remains silent following the release of domestic employment figures on Wednesday. China’s Services PMI dropped to 51.0 in January from 52.2 in December, falling short of the expected 52.3. Traders anticipate Friday’s US Nonfarm...
Australian Dollar (AUD) could break above 0.6265; any further advance is unlikely to reach the major resistance at 0.6310. In the longer run, downward momentum has largely faded; AUD is expected to trade in a...
TTF prices settled 3.25% lower yesterday following China’s retaliatory tariffs on US LNG, ING’s commodity expert Warren Patterson notes. Appetite for speculators to increase longs is likely limited “The market remains relatively nervous over storage...