The Euro is under pressure as the US Dollar lifts off amid a risk-off rout that has Germany’s DAX index heading to new lows. Will EUR/USD do the same?
AUD/USD appears to be on track to stage another test of the January high (0.7314) as it clears the February range.
Nasdaq 100 plunges as the Ukraine and Russia conflict sparks a furious rally in energy prices, raising concerns over global growth and inflation.
Looming developments in the RSI may accompany a further decline in EUR/USD if the indicator pushes into oversold territory for the first time in 2022.
Amidst Square’s 20% rally last week, Chris Vecchio, Ilya Spivak and Daniel Dubvraski breakdown the company’s earnings and the macro outlook for tech stocks as a whole.
The Bank of Canada’s rate decision but, more importantly, its forward guidance could reinforce the medium-term bullish outlook for the Canadian dollar
It’s been a wild week in the USD and the currency put in a strong breakout from a symmetrical triangle formation. But that break soon found resistance before bears began to pounce.
Dollar to Ruble refers to the US Dollar and Russian Ruble exchange rate. Interest in the pair has risen sharply following Russia’s attack on Ukraine.
Oil prices have surged after Russia declared war on Ukraine. With further supply constraints supporting higher prices, inflationary pressures continue to rise.
US Manufacturing PMI data for February came in stronger than expected, giving the US Dollar a boost off the back of safe haven flows.
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