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Economy

EUR/USD trades lower on weak German IFO (Institute for Economic Research) data, good to sell on rallies

EUR/USD trades lower on weak German IFO (Institute for Economic Research) data, good to sell on rallies EUR/USD pared its gain made yesterday after weaker than expected German IFO data. Euro declined almost 60 pips form the today’s high of 1.23543. It is currently trading around 1.22893. German ZEW economic …

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German bunds slip despite worse-than-expected March ZEW (Centre for European Economic Research) economic sentiment index; eyes on 10-year auction

German bunds slip despite worse-than-expected March ZEW (Centre for European Economic Research) economic sentiment index; eyes on 10-year auction The German bunds slumped Tuesday as investors have largely shrugged-off the country’s worse-than-expected ZEW economic sentiment index for the month of March. Now, investors shall be looking forward to the 10-year …

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UK Gilts plunge after agreement on 21-month post-brexit transition to avoid ‘hard border’ for northern Ireland

UK Gilts plunge after agreement on 21-month post-brexit transition to avoid ‘hard border’ for northern Ireland   The UK gilts plunged Tuesday after the country and the European Union agreed to a 21-month post-Brexit transition deal, in an attempt to avoid a ‘hard border’ issue with Ireland, raising optimism among …

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Dollar seems edgy on bets between hawks and doves of FOMC – Attain distrustful short dollar position via options triangle

Dollar seems edgy on bets between hawks and doves of FOMC – Attain distrustful short dollar position via options triangle   The drivers of the dollar’s expected medium-term grind weaker in the refreshed forecasts are largely the same ones as we originally outlined in our recent post although the trade-weighted …

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Global geopolitical series: U.S. to test kim’s resolve for negotiations with military drills in Korean peninsula

Global geopolitical series: U.S. to test kim’s resolve for negotiations with military drills in Korean peninsula President Trump seems to be planning to test North Korean supreme leader Kim Jong-Un’s resolve for a negotiation and face to face meeting by conducting a large-scale military drill with its regional partner South …

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