S&P 500, Nasdaq 100 Inch Higher Following US PPI Data
US PPI data came in weaker than expected, leading to increased rate cut bets and a rise in US indice...
Archive
AUD/NZD: A dovish RBNZ may maintain Aussie outperformance over Kiwi
New Zealand’s core inflation trend has decelerated at a faster pace than Australia. RBNZ may u...
GBP/USD Edges Higher as Wage Growth Hits Lowest Level in 2 Years
Unemployment rate fell to 4.2%, with a decrease in both short-term and long-term unemployment. UK wa...
Brent Crude – Oil Advances as OPEC Cuts Demand Forecast
Oil prices continue to rise despite OPEC cutting demand forecasts for 2024 and 2025. OPEC is likely ...
New Zealand dollar higher, focus on RBNZ
The New Zealand dollar has started the week with gains. NZD/USD is trading at 0.6026 in the North Am...
British pound calm ahead of UK jobs report
The British pound is drifting on Monday. GBP/USD is trading at 1.2768 early in the North American se...
Hang Seng Index: The medium-term bullish trend has been damaged
China’s lacklustre core consumer inflation growth for July suggests the current pace of piecemeal ...
Australian dollar gains ground, eyes wage growth
The Australian dollar has started the week in positive territory. AUDUSD is trading at 0.6596 in the...
Markets Weekly Outlook – US CPI to Test Markets Following Tumultuous Week
US equities rebounded from a selloff earlier in the week, ending slightly higher. However, caution r...
Gold (XAU/USD) Remains Strong Above $2400/oz as Fed Hints at Upcoming Rate Cuts
Despite a stronger US Dollar yesterday, gold’s upward trend continued, bolstered by the rate c...
Canadian dollar rallies, jobs report looms
The Canadian dollar has shined this week, posting gains over the past four days and rising 1%. Will ...
NZ Inflation Expectations dips, New Zealand dollar steady
The New Zealand dollar has recorded marginal gains on Thursday. NZD/USD is trading at 0.5998 in the ...
USD/CAD Consolidates at Support Ahead of Canadian Employment Data
USD/CAD found support ahead of Canadian employment data release. Positive US jobless claims data boo...
Aussie jumps as RBA says rates could rise
The Australian dollar has had a busy week and is showing strong gains on Thursday. In the European s...
Nikkei 225: Potential bullish key reversal week after 4 weeks of decline
Monday, 5 August significant sell-off in the Nikkei 225 has triggered a potential bullish key revers...
Japanese Yen (JPY) Price Action: Following Dovish BoJ Comments, What Does Price Action Tell Us?
The Bank of Japan (BoJ) released their summary of opinions, accompanied by bearish comments from BoJ...
S&P 500, Nasdaq 100 Technical Outlook: Significant Hurdles Ahead, Will the Rally Continue?
Pullbacks of 5% or more in the S&P 500 are relatively common, having occurred on average three ...
Yen slides as BoJ dampens rate hike hopes
The Japanese yen’s rally came to crashing halt on Wednesday. USD/JPY has jumped 2.1%, trading at 1...
Canadian dollar keeps rally alive despite weak Ivey PMI
The Canadian dollar has rallied for a third straight day on Wednesday. In the North American session...
NZ dollar surges on strong employment data
The New Zealand dollar has soared today. In the European session, NZD/USD is trading at 0.6018, up a...