The dollar downtrend pauses

Posted by Jeffrey Dec 15, 2020 Share 0

Currency markets calm as US dollar takes a breather The US dollar index continues to bounce aroun...

Wall Street drags Asia lower

Posted by Jeffrey Dec 15, 2020 Share 0

Asia equities dip lower as investors in a cautious mood Wall Street limped to a negative close ov...

A day of consolidation beckons

Posted by Jeffrey Dec 15, 2020 Share 0

Financial markets have a hurry up and wait look about them at the moment. There are lots of balls in...

Oil and gold decline, bitcoin higher

Posted by Ed Dec 14, 2020 Share 0

Oil gains capped as OPEC lowers forecast Crude prices pared gains after OPEC lowered their demand...

Vaccine rollout, M&A Monday, stimulus hopes

Posted by Ed Dec 14, 2020 Share 0

Vaccine rollout in US as Covid runs rampant The vaccine rollout and merger Monday stock market ra...

Oil stays above USD50, gold slips

Posted by Craig Dec 14, 2020 Share 0

Oil rally faces near-term risks Oil prices are edging higher after pulling back a little at the e...

Yen slightly higher on Tankan indices

Posted by Kenny Dec 14, 2020 Share 0

The Japanese yen started off the trading week with gains. Currently, USD/JPY is trading at 103.72, d...

Oil edges higher, gold consolidates

Posted by Craig Dec 14, 2020 Share 0

Oil rally faces near-term challenges Brent crude ended last week around the USD50 level and is ed...

Just another Brexit delay

Posted by Craig Dec 14, 2020 Share 0

One final push this week before markets enter into holiday mode and with so much still unresolved, i...

Profit-taking ahead of huge week

Posted by Craig Dec 11, 2020 Share 0

Stock markets are in the red on Friday, as we continue to see consolidation in the markets after a f...

ECB eases, Brexit still at impasse

Posted by Kenny Dec 11, 2020 Share 0

EUR/USD is slightly lower in the Friday session. Currently, EUR/USD is trading at 1.2113, down 0.19%...

Surging NZ dollar punches past 71-level

Posted by Kenny Dec 11, 2020 Share 0

The New Zealand dollar has taken a pause on Friday, after an impressive climb of 1.1% on Thursday. N...

Airbnb becomes its own FOMO superhost

Posted by Jeffrey Dec 11, 2020 Share 0

IPO sends Airbnb skyward Another day, another US IPO with 100% gains. Following DoorDash on Wedne...

US Close – Stimulus uncertainty, jobless claims surge, ECB delivers, tech’s bubbly feeling

Posted by Ed Dec 10, 2020 Share 0

US stocks are struggling for direction as investor skepticism over a holiday stimulus deal grows, jo...

Commodities update: oil surges, gold volatile

Posted by Ed Dec 10, 2020 Share 0

Oil climbs on Pfizer Crude prices are surging in anticipation of the FDA’s potential approval of ...

Waiting on stimulus breakthrough

Posted by Craig Dec 10, 2020 Share 0

Wall Street opened a little lower on Thursday as we await the FDA's decision on the Pfizer vaccine a...

Brent breaks 50-level, gold dips

Posted by Craig Dec 10, 2020 Share 0

Brent above USD50 psychologically important Oil prices are up more than 2% today, with Brent brea...

Pound flat as manufacturing data jumps

Posted by Kenny Dec 10, 2020 Share 0

The British pound is showing little movement in the Thursday session. GBP/USD is currently trading a...

Euro yawns as ECB increases recovery fund

Posted by Kenny Dec 10, 2020 Share 0

EUR/USD continues to have a quiet week. Currently, EUR/USD is trading at 1.2114, up 0.27% on the day...

Oil brushes off inventories

Posted by Jeffrey Dec 10, 2020 Share 0

Oil survives an inventory scare Oil showed remarkable resilience overnight as official US Crude I...