Market News

Daily Finance News Update

EUR set-ups to watch ahead of next week’s PMIs

May 14,2021 |

The single currency sits in the middle of the majors on month-to-date performance but a strong close today could see more buyers enter the fray. Germa...

Buy the dip…in AUD/JPY?

May 13,2021 |

AUD/JPY is one indicator many traders can use to identify market risk sentiment as it is a classic macro risk barometer. It incorporates two of the ma...

USD/CAD hits multi-year lows

May 12,2021 |

USD/CAD is heading for its fourth straight monthly decline and sixth consecutive weekly loss. The monthly USD/CAD timeframe shows we have now reached ...

GBP crosses eyeing major levels ahead of GDP

May 11,2021 |

Sterling broke the Scottish election shackles yesterday with cable pushing to new highs and EUR/GBP moving to the lower end of its recent trading rang...

Technical Analysis: Buoyant majors kick off week strongly

May 10,2021 |

The dollar is suffering after the shocking US monthly NFP jobs data put paid to any possible policy action by the Fed in June. Powell and crew have al...

Bullish momentum can push AUD to 0.8007

May 07,2021 |

Let’s revisit the aussie which is top of the major currency pile this week/month. The commodity rally continues to make headway with the Bloomberg Com...

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