Pound Sterling Trades Lower Due To Escalating BoE Dovish Expectations
The Pound Sterling consolidates near 1.3470 against the US Dollar amid trade tensions between the US and China.
Liquidity Warning: SOFR Raises The Red Flag
After years of having a sizeable store of liquidity, the financial system now lacks excess liquidity.
EUR/USD Pares Gains With US Industrial Production On Focus
The Euro retreated to 1.1585 after peaking at 1.1730 earlier in the day.
Yen Nears End Of Corrective Phase
Market sentiment remains highly sensitive to rhetoric from the Federal Reserve and statements from the White House.
Trades Reluctant To Punch New Highs For Indices; Take Profits
The Russell 2000 had done well to reverse its first big red candlestick in months on a solid day of "value" buying, but struggled to build on it.