FX markets are starting to settle down after a momentous week. While events in Europe were really the dominant factor, we would not have seen such...
Tesla, NVIDIA, and Apple under pressure as volatility rises Stock market recap: Volatility dominates Wall Street for the third consecutive week The US stock market has...
US Nonfarm Payrolls show steady job growth, but Fed remains in no rush to cut rates. Powell reiterates that inflation path will be “bumpy,” keeping policy...
The CAD is a moderate underperformer on the session, easing slightly alongside its commodity peers amid fragile risk appetite, Scotiabank’s Chief FX Strategist Shaun Osborne notes. ...
The Euro (EUR) is ending the week with another, solid daily gain on the US Dollar (USD). This is the EUR’s best weekly performance since 2009,...
The proposal from Germany’s expected coalition partners that they plan to relax the country’s debt rules to boost defence spending and support infrastructure has been billed...
EUR/USD holds gains after the European session, trading near the 1.0870 area and marking fresh highs since November 2024. The 20 and 100-day moving averages are nearing...
USD/MXN retreats as US trade policies overshadow economic data. Mexico’s inflation beats forecasts, but Banxico still expected to cut rates on March 27. USMCA four-week exemptions...
USD/MXN retreats as US trade policies overshadow economic data. Mexico’s inflation beats forecasts, but Banxico still expected to cut rates on March 27. USMCA four-week exemptions...
Pound Sterling (GBP) is a little stronger on the session but, again, trends largely reflect the broader tone of the USD rather than any GBP-specific developments,...
US Nonfarm Payrolls rise to 151K, but unemployment ticks up to 4.1%. Markets price in three Fed rate cuts in 2025 amid economic uncertainty. UK traders...
Room for US Dollar (USD) to retest the 147.30 low vs Japanese Yen (USD); the next support at 147.00 is unlikely to come under threat. In...
NZD/USD may aim for initial resistance at the three-month high of 0.5794, reached on January 24. The 14-day Relative Strength Index remains above 50, reinforcing the...
AUD/JPY tests the psychological support level at 93.00. The 14-day RSI remains above the 30 mark, reinforcing the prevailing bearish bias. The pair could test the primary...
GBP/USD steadies around 1.2900 as traders adopt caution ahead of US Nonfarm Payrolls GBP/USD holds little gains after registering losses in the previous session, trading around...
Alibaba (BABA) started a 5 waves rally from Jan 22, 2024 low. Up from there, wave (1) ended at 116.57 and wave (2) pullback ended at 80.06....
EUR/USD advanced after the European session, trading above the 200-day SMA near the 1.0830 region as bullish momentum continued. The pair has gained nearly 5% this...
Trump delays reciprocal tariffs on Mexico until April 2 after talks with Sheinbaum. USD/MXN briefly falls as tariff relief boosts MXN before rebounding above 20.30. Traders...
GBP/USD rally stalls near 1.2900 as trade war fears weigh on traders The rally in the Pound Sterling stalled after sustaining three straight days of gains....
Australian Dollar (AUD) is expected to continue to strengthen vs US Dollar (USD), but it does seem to have enough momentum to reach 0.6410 for now....