The scale of the sell-off in stocks is the biggest in 8 months, sell USD/JPY?
Onshore yuan traded in China slid to 6.9002 against the US dollar after the PBOC lowered the daily yuan reference rate to its weakest level since May 2017.
China’s PMI fell further in September, short AUD/USD?
Funds flow into precious metals due to fear of Italian crisis, Long Gold?
RBA leaving rates unchanged until 2019 will widen the rate differential between Australia and the US, short AUD/USD?
US President Trump imposed import tariffs worth USD 200 billion on Chinese goods, which affected Shanghai stocks tremendously.
The Fed has raised interest rates three times this year, and a fourth hike is widely expected.
This week's benchmark interest rate rise saw Chairman of the US Federal Reserve Jerome Powell show increasing confidence in the US economy, while further strengthening the case for a fourth hike this year in December.
As no central bank can match the pace of Fed’s hiking, short EUR/USD?