Week in Review: Bitcoin all-time highs, Weaker Dollar in another volatile week The US Dollar was once again on the main stage this week as we have observed initial market reactions after last Friday’s US Credit Rating Downgrade by Moody’s […]
RBNZ Decision, Japan CPI, Fed Minutes, and US Core PCE – Markets Weekly Preview Read More »
Gold has been back on its horses towards the second part of the month after retracing 10.8% from it’s April highs. Safe-Haven assets are bid today as President Trump reignites tariff discussions. Trading at $3,346, the precious metal is less
Will Gold Break Its All-Time High? Momentum Builds Ahead of Key Level Read More »
Pound hits highest level since Feb. 2022 The British pound posted gains earlier but has failed to consolidate. In the European session, GBP/USD is trading at 1.3395, up 0.03% on the day. The pound has gained 1.1% this week and
Pound Steady as UK Inflation Surges Read More »
The Australian dollar has posted sharp losses on Tuesday, following the Reserve Bank’s decision to lower interest rates. Early in the North American session, AUD/USD is trading at 0.6395, down 0.95% on the day. RBA lowers rates to 3.85% The
Australian Dollar Slides after RBA’s Dovish Rate Cut Read More »
The Canadian dollar continues to have a quiet week. In the North American session, USD/CAD is trading at 1.3920, down 0.21% on the day. Canadian CPI eases to 1.7%, core CPI higher Canada released the April inflation report, which indicated
Canada’s Inflation Eases, Canadian Dollar Edges Lower Read More »
Asian Session Market Wrap The MSCI Asia Pacific index rose by 0.4% after the S&P 500 nearly entered a bull market on Monday. Hong Kong stocks went up by 1.3%, with Contemporary Amperex Technology surging up to 18% on its
Markets Eye Trade Deals, DAX Breaches 24000 Read More »
The New Zealand dollar has posted strong gains on Monday. Ahead of the North American session, NZD/USD is trading at 0.5912, up 0.53% on the day. US dollar slips on Moody’s downgrade The US dollar is trading lower today against
New Zealand Dollar Higher as US Credit Rating Downgraded Read More »
Week in Review: Optimism Begins to Fade as Consumer Sentiment Deteriorates Wall Street’s main indexes were set to end the week on a high note, thanks to a temporary truce in the U.S.-China trade war. The S&P 500 was on
Markets Weekly Outlook – RBA, PBoC Decisions and UK Inflation in Focus Read More »
The British pound is in positive territory on Thursday. In European session, GBP/USD is trading at 1.3287, up 0.23% on the day. UK GDP gives the pound a boost The British economy expanded 0.7% q/q in the first quarter, below
UK GDP Stronger Than Expected, US Retail Sales Post Small Gain, Pound Posts Gains Read More »
The New Zealand dollar is down for a second straight day. In the North American session, NZD/USD is trading at 0.5872, down 0.45% on the day. New Zealand inflation expectations projected to rise New Zealand releases inflation expectations for the
New Zealand Dollar Extends Losses, Inflation Expectations Expected to Rise Read More »
