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AUD, CAD outperform, EUR weakens in choppy trade

EMFX Climb, Bond Yields Ease, Stocks Erase Gains Summary: The Australian and Canadian Dollars outperformed, finishing as best performing FX in volatil ....

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AUD, CAD Outperform, EUR Weakens in Choppy Trade

EMFX Climb, Bond Yields Ease, Stocks Erase Gains Summary: The Australian and Canadian Dollars outperformed, finishing as best performing FX in volatile trade. ....

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Currencies Tumble as Stocks Erase Gains | BK Asset Management

May 10, 2021
Daily FX Market Roundup 05.10.2021
By Kathy Lien, Managing Director of FX Strategy for BK Asset Management
What started off as a strong day for risk appetite turned into losses for currencies and equities. The Dow Jones Industrial Average and NASDAQ hit record highs at the start of New York trade but peaked shortly after, shedding their gains to end the day lower.
Currencies tumbled as well but reversed before stocks as traders lost confidence in the risk on rally. With no major economic reports to trigger today’s reversal, it was a typical exhaustion move. Investors were very optimistic ahead of Friday’s non-farm payrolls report, it disappointed in a major way and instead of selling, they continued to buy on the hope that weak jobs number meant no tapering. ....

New York , United States , New Zealand , Federal Reserve , Currencies Tumble , Stocks Erase , Kathy Lien , Managing Director , Dow Jones Industrial Average , New York Fed , Japanese Yen , Swiss Franc , புதியது யார்க் , ஒன்றுபட்டது மாநிலங்களில் , புதியது ஜீலாந்து , கூட்டாட்சியின் இருப்பு , ஸ்டாக்ஸ் அழிக்கவும் , கத்தி உரிமை , நிர்வகித்தல் இயக்குனர் , டோ ஜோன்ஸ் தொழில்துறை சராசரி , புதியது யார்க் ஊட்டி , ஜப்பானிய யென் , சுவிஸ் பிராங்க் ,