Thank you Canada, BOC’s dovish surprise, big-tech disappointments, bitcoin above $20k
This bear market rally was about to run out of steam, but the Bank of Canada had other plans. A ...
Archive
Oil rallies, gold loves falling yields
Oil Oil is mustering up a nice rally as energy traders try to price in a China recovery that will un...
EUR/USD punches above parity, ECB next
EUR/USD continues to power forward and has breached the parity line for the first time since Septemb...
Pound surges higher, UK budget delayed
The pound has extended its gains and has gained 2.3% this week. In the European session, GBP/USD is ...
USD/CAD hits 3-week high ahead of BoC
The Canadian dollar has extended its gains today, as the US dollar has retreated against all the maj...
Aussie extends rally as inflation outperforms
AUD/USD is sharply higher for a second straight day. In the European session, the Australian dollar ...
Stocks rally as yields fall, softening US data, cryptos impress
US stocks got a boost from another round of decent earnings and as softening economic data that supp...
Oil and gold rise
Oil ...
Canadian dollar rises, markets eye BoC
The Canadian dollar is showing some strength in today’s North American session. USD/CAD is tra...
GBP/USD jumps as Sunak takes the reins
The pound has posted sharp gains today. In the European session, GBP/USD is trading at 1.1353, up 0....
Australian dollar steady after slide
AUD/USD has steadied today after two days of sharp swings. In the European session, the Australian d...
Japanese yen settles down
The Japanese yen is almost unchanged today, after being whipsawed over the past two sessions. In the...
US Close- stock rally continues, US manufacturing activity contracts, oil lower, gold steady, Asia in focus, PM Sunak, ethereum gains
US stocks rallied as momentum builds on calls that the Fed will be tapping the tightening brakes aft...
Canadian dollar starts week with losses
The Canadian dollar has started the week with losses. In the North American session, USD/CAD is trad...
Pound drifting, Sunak takes over as PM
The pound pushed higher at the start earlier today but has given up all of these gains. GBP/USD is t...
Euro slips lower on soft German PMIs
EUR/USD has edged lower at the start of the week. In the European session, EUR/USD is trading at 0.9...
Another whipsaw day for the yen
The Japanese yen is sharply lower today, as USD/JPY has climbed 1.2% and is trading at 149.41 in Eur...
Market Insights Podcast (Episode 390)
OANDA Senior Market Analyst Craig Erlam reviews the latest market news with Jonny Hart. They discuss...
Week Ahead – Big tech earnings eyed
US Wall Street will pay close attention to the first look at third-quarter GDP. After two consecutiv...
US Close – Japan Intervenes, Stocks rally on Fed pivot hopes, Oil edges higher, Gold pops after WSJ article on Fed, Crypto steady at $19k
Wall Street smashed the buy button after reports that the Fed would soon be ready to debate on how t...