Podcast – Rising Fed rate hike expectations
OANDA Senior Market Analyst Ed Moya reviews the latest market news with Jonny Hart and Trader Nick. ...
Archive
Stocks lower as debt deal and more Fed tightening has economy recession bound
US stocks are falling as the expected debt deal will prove to be negative for the economy as limited...
Japanese yen crawls back above 140
Japanese retail sales and industrial production soften A possible snap election in Japan could delay...
Canadian dollar edges lower ahead of Canadian GDP
Canada to release GDP US debt ceiling deal off to Congress The Canadian dollar is trading close to a...
AUD/USD slips on soft Chinese PMIs, Aussie inflation jumps
RBA’s Lowe says inflation fight not over Australian inflation rises to 6.8% US Treasury yields...
China’s deflationary spiral bumps up FX risk aversion
China’s NBS Manufacturing and Non-Manufacturing PMIs for May have increased the risk of a deflatio...
Nasdaq 100 Technical: Exhaustion at key resistance
The outperformer Nasdaq 100 seems to have hit a roadblock/resistance at around 14,380. Price actions...
Gold rallies as debt deal progress sends Treasury yields lower
Russian oil shipments weaken but still well above last year’s average Gold finds support after...
Seventh-inning stretch for the debt ceiling deal
Consumer Confidence hits 6-month low Nvidia joins the $1 Trillion club Treasury Yields tumble on deb...
Debt ceiling deal a huge relief but focus now switches to the jobs report
It’s been another uninspiring session on Tuesday with traders buoyed by the deal reached on th...
Oil prices dip with eye on OPEC, gold higher after debt ceiling deal
How much sway does Saudi Arabia still have? Oil prices are slipping on Tuesday as traders weigh up t...
Euro touches 9 week low, German CPI next
Spain’s CPI eases in May German CPI to be released on Wednesday Debt ceiling likely to be appr...
USD/JPY punches above 140, Tokyo issues warning
Japanese yen falls below 140 Japan’s Ministry of Finance issues warning US debt ceiling heads ...
Aussie unchanged ahead of Lowe, CPI
RBA Governor Lowe testifies before a Senate Committee Australia to release CPI US debt ceiling deal ...
EUR/USD Technical: Bears may be getting exhausted
The current minor downtrend phase for EUR/USD from its 3 May 2023 high of 1.1092 is showing signs of...
Swiss franc edges higher ahead of Swiss GDP, business confidence
US markets closed for a holiday US debt ceiling crisis resolved US inflation higher than expected Sw...
GBP/USD flat in holiday-thinned trading
US markets closed for bank holiday US debt ceiling agreement reached GBP/USD has started the week qu...
New Zealand dollar stems nasty slide
US markets closed for a bank holiday New Zealand dollar steadies after a 3.6% plunge last week US in...
AUD/JPY Technical: Bulls got stalled again at 200-day MA
The medium-term up move of AUD/JPY from the 24 March 2023 swing low of 86.06 got stalled again at th...
US stocks at risk of liquidity drain post US debt ceiling deal
US Treasury needs to issue an approximate total amount of US$1.1 trillion in T-bills in H2 2023 to r...