Dollar in Doldrums as Traders Rethink Reflation Trade Amid Yield Struggles

© Reuters. By Yasin Ebrahim Investing.com – The dollar fell against its rivals Thursday, and remains set to snap a three-week winning streak as the reflation trade that had pushed bond yields appear to be running out of steam. The , which measures the greenback’s strength against a trade-weighted basket of six major currencies, fell […]

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U.S. trade chief voices concern to Vietnam over currency practices

© Reuters. FILE PHOTO: U.S. Senate Finance Committee conducts hearing on nomination of Katherine Tai to be U.S. Trade Representative. WASHINGTON (Reuters) – U.S. Trade Representative Katherine Tai, in a call on Thursday with Vietnam’s minister of industry and trade, highlighted U.S. concerns about Vietnam’s currency practices, a USTR statement said. Tai and the Vietnamese […]

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USTR vows to keep battling ‘significant’ foreign trade barriers

© Reuters. FILE PHOTO: U.S. Senate Finance Committee conducts hearing on nomination of Katherine Tai to be U.S. Trade Representative. By Andrea Shalal and David Lawder WASHINGTON (Reuters) – The U.S. government on Wednesday vowed to continue battling what it sees as significant trade barriers that are harming American companies and farmers, and singled out […]

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USTR’s Tai tells European officials she wants ‘more positive’ trade ties

© Reuters. FILE PHOTO: U.S. Senate Finance Committee conducts hearing on nomination of Katherine Tai to be U.S. Trade Representative. By David Lawder WASHINGTON (Reuters) – U.S. Trade Representative Katherine Tai on Monday told European officials she wanted to develop “a more positive and productive” trade relationship with Europe, despite disputes over aircraft subsidies and […]

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How to trade more like a pro. 5 simple tips you can follow.

Despite some pro-golfers follies last weekend, my golf game is far from being pro-like… [embedded content] Watching the recent professional golf tournament this weekend, there was a series of back to back to back shots which made the pro’s look rather amateurish.  I actually thought, I might have a chance (and then the feeling went […]

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Oil Rebounds, But Falls Almost 7% on Week as ‘One-Way Trade’ Broken

© Reuters. By Barani Krishnan  Investing.com – Crude prices rebounded meaningfully on Friday from the previous session’s plunge, helped by weaker bond yields, the dollar’s retreat from its highs and buying of oil on-the-dips.  But a loss of nearly 7% on the week shattered the myth of oil’s indestructible rally since October, indicating more downside […]

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New U.S. trade ‘czar’ Tai vows to promote equitable growth, give workers more say

© Reuters. FILE PHOTO: U.S. Senate Finance Committee conducts hearing on nomination of Katherine Tai to be U.S. Trade Representative. WASHINGTON (Reuters) – New U.S. Trade Representative Katherine Tai vowed on Friday to leverage trade to help the U.S. economy recover from the coronavirus crisis by focusing on policies that promoted more equitable growth and […]

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U.S. appeals WTO decision in South Korea trade dispute

© Reuters. A logo is pictured on the WTO in Geneva GENEVA (Reuters) – The United States has appealed against a World Trade Organization panel decision which recommended in January that Washington revise a series of duties imposed in the Obama era on South Korea, a Geneva-based trade official said on Friday. Since the WTO […]

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AUD/USD pares gains on the day as dollar firms further in European morning trade

The dollar is gaining further as Treasury yields keep higher 10-year Treasury yields are nearly 10 bps higher currently, up to 1.74%, and that is continuing to push bids into the dollar in European morning trade. In turn, that has seen AUD/USD erase its earlier advance in a fall from 0.7840 to 0.7800. So, let’s […]

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