Dollar gains seen following the FOMC on Wednesday, and through the overnight Asian session evaporated during London morning trade and through the N.Y. session on Thursday. The DXY stood at about 93.10 just ahead of the Fed, rallied to 93.58 in Asia, later bottoming at 93.06 in N.Y.. Mediocre U.S. da

Asian equities follow Wall Street lower   But the slump could've been worse as stocks recover a little from the lows posted earlier. The Hang Seng is down 0.8% while the Shanghai Composite is down 1.1% currently.   The rout in US equities yesterday is still the main talking point in the market, thou

GBP/JPY is showing signs of exhaustion on the daily time frame. The bears will be keen on price action below the trendline for a test and close below the current support structure.  Following a Doji candle on the daily time frame as the price heads towards a long-term dynamic resistance line, bears

Bearish bets in US stocks have declined to at least 16-year lows amid continued monetary easing by the Federal Reserve and expectations for additional fiscal stimulus.  The median S&P 500 stock short interest as a percentage of market capitalization has declined to 1.75% – the lowest level since

AUD/JPY clocks one-month high on improved risk appetite.  The pair is yet to confirm a triangle breakout on the daily chart.  AUD/JPY jumped to 76.77 a few minutes before press time. That was the highest level since July 22.  The pair is now trading near 76.67 – the upper edge of a four-week-long n

Asian stock markets are in negative territory on Thursday following the negative cues from Wall Street after the release of minutes of the Federal Reserve's monetary policy meeting in July. The Federal Reserve warned the economic recovery of the U.S. from the coronavirus-induced downturn faced a hig

Photo: FM Ethereum Classic has suffered another 51 percent attack on Thursday morning, resulting in the reorganization of over 4,000 blocks. The attacker can reorganize the chains on a decentralized network when they gain over 51 percent of the total hash rate. This can result in rewriting the cha