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Markets
USDCAD Technical Analysis – Pair holds below 1.3000 as investors gauge energy demand
The USDCAD remained resilient holding above 1.2800 support as the dollar got a boost from Fed’s hawkish sentiment. Fed Chairman...
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Midday Brief – A damp mood in the markets as investors avoid the risk
The investors were risk-off in the early European session despite modest gains on Tuesday. The inflation worries continue to cause...
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GBPUSD falls following highest ever CPI reading
Market Brief The overnight session has resulted in a mixed bag for global indices after the big bullish moves in...
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Forex pairs trend as the US dollar comes back under the $104 level
Market Wrap If you look across Fin Twit you’re quickly confronted with the bear thesis as to why the stock...
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Midday Brief – Risk on ahead of US inflation data
The markets opened with a risk on sentiment ahead of important US retail sales. Fed members Meister, Bullard, Harker and...
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GBPJPY Technical Analysis – Recovers on positive UK labour data
The GBPJPY rallied by +1.30% early Tuesday morning on better than expected UK employment data. The employment rate increased to...
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AUDUSD – Rebounce from a 22-months low on Hawkish RBA minutes
The AUDUSD rallied by +0.88% for the 3rd day straight early Tuesday morning as the Australian dollar gets boosted by...
Read moreIs the S&P500 going down after Powell’s speech?
I personally think the S&P500 has bottomed at the bottom of the descending channel and around the 4000. A consecutive...
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The pound steadies as UK unemployment drops to a 48-year low
Market Brief The UK unemployment rate dropped in March to 3.7% just as average earnings rose above expectations. A tight...
Read moreFed speakers will test dollar strength this week
The US dollar is getting a boost currently from a weakening CNH and euro but having seen the US dollar...
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