US election uncertainty and rising COVID-19 cases boosts US$ safe-haven demand. The US$ has held onto its gains as Europe announces more coronavirus lockdowns which will further impact the already fragile EU economic recovery. Investors continue to scale back risk-on positions and adopt a wait-and s...

Risk off sentiment returned after the US President acknowledged that the stimulus relief package is not likely before the election. Equity, currency and oil markets sold off on the news as investors returned to safe haven buying. Markets are now focused on surging coronavirus cases across Europe and...

The US$ consolidates amid rising global coronavirus cases, fading US stimulus hopes and US election uncertainty. The seven-day rolling average of new coronavirus cases continue to rise across Europe, the UK and the US, as global cases approach 44mio. Europe continues to expand lockdown measures, inc...

Rising coronavirus restrictions and fading hopes of a US stimulus deal saw risk off sentiment return to the markets. Equity, oil & currency markets came under fresh selling pressure as covid-19 hit across the EU hit new records and Spain announced a state of emergency. In the US coronavirus case...

The US$ is set for a weekly loss as markets remain focused on US fiscal stimulus and US election developments. House Speaker Pelosi said negotiations were making progress with the White House administration and that legislation could be hammered out “pretty soon”. As global Covid-19 cases approa...

The US$ steadies above its 7-week lows amid US election meddling news and the need for US Stimulus clarity. A federal statement reporting meddling in the US elections and fading hopes of a US stimulus pre-elections have impacted the risk on sentiment. The US$ index bounced off its lows as uncertaint...

US Stimulus hopes causes the US$ to weaken prompting risk currencies to rally. House Speaker Pelosi said talks with the Treasury Secretary Mnuchin on Tuesday were productive, but Senate leader McConnel warns the White House against dividing Republicans with rushed covid-19 stimulus deal. The US$ ind...

Equity and currency markets firm while oil prices hold stable ahead of today’s US Stimulus deadline. The House speaker and The Treasury Secretary says they have narrowed the gap, but clarity is required by the end of today. CNY extends its gains testing fresh 27-month highs up 0.1%, alongside ...

Renewed US stimulus hopes, and strong Chinese data helps currency and equity markets strengthen. The House Speaker sets Tuesday as a deadline to reach a stimulus deal, but highlighted lack of agreement by then would mean no stimulus deal before the election. Chinese GDP grew Qtr vs Qtr, Industrial P...

The US$ is poised for its best weekly gain since September as US stimulus hopes fade and new coronavirus cases continue to surge. The US stimulus talks remain stalled as the Treasury Secretary continues to press for compromise and blames election positioning for the stimulus deadlock. Europe and UK ...