By Kathy Lien, Managing Director of FX Strategy for BK Asset Management. This past week was suppose to be a quiet one in the foreign-exchange market but between OPEC’s...
Originally published by AxiTrader The US$ is mixed, possibly mildly firmer today, underpinned by the Q2 GDP which expanded at 1.4% annualised, up from the 1.1% reported last...
Originally published by AxiTrader Quick Recap The Australian dollar failed again at 77 cents in trade over the past 24 hours as traders again respected the strength of overhead...
Originally published by AxiTrader Quick Recap Markets have been to this rodeo before and they won’t like it. I’m referencing Deutsche Bank AG (DE:DBKGn) NA O.N....
By Kathy Lien, Managing Director of FX Strategy for BK Asset Management. The biggest story in the financial markets Thursday was Deutsche Bank (NYSE:DB) amid growing fear that...
By Kathy Lien, Managing Director of FX Strategy for BK Asset Management. Currencies traded quietly for most of the North American session until OPEC announced that it reached a...
Originally published by AxiTrader Quick Recap Stocks in the US liked Hillary Clinton’s performance in the debate but oil traders are not so keen on OPEC’s shenanigans...
The U.S. dollar rose with ten-year bond and equities on Tuesday after a consumer confidence survey highlighted increased optimism about the job market. The Conference Board’s...
Global bonds rallied, equities declined and the VIX spiked on Monday ahead of the first of three U.S. presidential debates before the November 8th election. Nominees Hilary Clinton...
Originally published by AxiTrader Quick Recap Stocks drifted into week’s end as oil and gold dipped and a big fine for Deutsche Bank (DE:DBKGn) dragged down the financial...