US Close: Another record high, Yields rally ahead of Jackson Hole, Delta and vaccines, 5-year auction, USD turns negative
The S&P 500 index made a fresh record high today, topping 4,500, the end of year target for man...
Archive
Commodities and Cryptos: Oil holds onto gains post EIA report, Gold softens, Bitcoin steadies
Oil Crude bullishness returned as COVID headlines supported an improved reopening outlook for the re...
GBP/USD – A Bearish Breakout?
OANDA Senior Market Analyst Craig Erlam discusses the recent move into bearish territory for GBPUSD ...
Bitcoin – Poised for a correction?
Running on fumes after 70% rally Bitcoin has enjoyed a good run this past month but recent rallies a...
Oil rally loses steam, gold awaits Powell speech
Oil stabilises after a bumper start to the week Oil prices have seen their resurgence grind to a hal...
Markets steady ahead of Jackson Hole
Back on the fence A relatively muted session on Wednesday as investors sit on the fence ahead of the...
Dollar pushes yen close to 110
The Japanese yen is in negative territory on Wednesday. Currently, USD/JPY is trading at 109.99, up...
Market Insights Podcast (Episode 230)
Jonny Hart looks back on the week’s business and markets news with OANDA Senior Market Analyst...
Euro in wait-and-see-mode before Powell
The euro rally has taken a pause in the Wednesday session., Currently, EUR/USD is trading at 1.1736,...
AUD rally pauses ahead of Jackson Hole
Australian dollar drifting After plenty of volatility over the past week, the Australian dollar has ...
Oil rush, gold steady
Oil The oil price snapback will only continue if the headlines continue to support the narrative tha...
Stocks supported on earnings and stimulus breakthrough, US data, RBNZ, German politics, Hungary hikes, bitcoin softens
US stocks made fresh record highs after record results from Best Buy painted a very strong outlook f...
GBP/JPY – More consolidation to come?
Momentum moving in favour of sellers We’ve been seeing consolidation in GBPJPY for several m...
Australian dollar bounces back, breaks past 72
Australian dollar rebounds after slide The Australian dollar has shown strong volatility of late. La...
Oil rises on China, gold eyes Powell
Oil buoyed by China virus containment Oil prices are making gains once more after a fantastic start ...
Rebound stalls ahead of Jackson Hole
The week got off to a strong start on Monday but momentum is already waning, with European stocks a ...
Euro pauses after strong start to week
The euro is drifting on Tuesday, after posting gains in the Monday session. EUR/USD is trading at 1....
NZ dollar rises as retail sales shine
The New Zealand dollar has shot up on Tuesday, extending this week’s rally. NZD/USD is current...
Oil rebounds, gold above 1800
Oil shines on Pfizer approval Crude prices roared back after the Pfizer COVID vaccine got full FDA a...
Record highs for stocks, vaccine mandates are coming, soft PMIs, housing strength, Jackson Hole expectations, bitcoin hovers near USD 50k
US stocks rallied to record highs after both Pfizer’s vaccine was granted full approval by US reg...