ING believes EUR/USD will break 1.20, and you?
What is moving the markets these days? What are the main drivers of currency [...]
Trading news
Japan's Finance Minister warns on Brexit
Japan's Taro Aso, the nation's Finance Minister, stated that his government will respond to any undesirable market volatility following Britain's referendum.
Aso highlighted that he will not respond lightly should it be needed to maintain stability, but always in alignment, though, with the G7/G20 agreements.
Japan's Finance Minister will take measures to safeguard the yen
The Finance Minister resumed saying that they will do whatever it takes to control the rapid fluctuations that may distort stability.
Japan's officials are currently worried on a probable spike on the yen, a currency that is perceived to be a safe-haven asset in times of crisis and high-risk situations.
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Tuesday, 21 Jun, 2016 / 12:16
Trading news
Dollar succumbs to Powell’s dovish tune; stocks mixed
Powell reiterates that rate hikes are a long way off, pressing [...]
Crude oil recorded sharp gains on Wednesday, notching the highest finish since mid-March.
Recent demand updates from several agencies signalled increased uptake of oil [...]
