Market News

Daily Finance News Update

Overbought NZD/USD hits resistance and stalls

October 21,2021 |

The Kiwi is the top performing major in October due to the buoyant risk mood and rising inflation expectations. A hawkish central bank also helps with...

Overbought NZD/USD hits resistance and stalls

Technical Analysis: EUR/USD and USD/CHF

October 20,2021 |

EUR/USD long-term downtrend still intact With the dollar on the defensive this week, the EUR rally yesterday extended to resistance at the August low ...

Technical Analysis: EUR/USD and USD/CHF

USD/CAD: Bearish momentum pauses ahead of inflation data

October 19,2021 |

We get the latest Canada CPI figures tomorrow after the Bank of Canada Business Outlook Survey showed a mixed picture yesterday. Record business confi...

USD/CAD: Bearish momentum pauses ahead of inflation data

GBP/USD holds recent gains, focus on CPI data

October 18,2021 |

The market has been ramping up rate hike odds by the Bank of England after more hawkish remarks from Governor Bailey over the weekend. Swaps are fully...

GBP/USD holds recent gains, focus on CPI data

Surging USD/JPY nears long-term resistance zone

October 15,2021 |

There is really only one major currency pair to discuss today. USD/JPY is confounding a lot of market watchers this week, mainly due to US Treasury bo...

Surging USD/JPY nears long-term resistance zone

AUD/USD bullish amid soaring commodities

October 14,2021 |

The aussie looked down and out late last month. The China-proxy was embroiled in the Evergrande story and China’s stressed property market while commo...

AUD/USD bullish amid soaring commodities

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