USD/CAD appears to have reversed course ahead of the April low (1.2403) as the exchange rate extends the series of higher highs and lows from last week.
The Australian Dollar fell overnight as a surge in Treasury yields boosted the US Dollar. Australian PMI data showed the Aussie economy’s recovery is gaining steam. Japanese CPI data is in focus to…
The update to Australia’s Consumer Price Index (CPI) may curb the recent selloff in AUD/USD as inflation is expected to increase for two consecutive quarters.
The Federal Reserve is in its communications blackout window, elevating the importance of US economic data in the days ahead.
Microsoft and Alphabet will announce corporate results on Tuesday. Their quarterly performance and, more importantly, earnings guidance may set the tone for the broader market in the near term.
Global equities turn red as risk sentiment sours. Gloomy economic outlook and the probability of aggressive rate hikes drag DAX, FTSE and CAC lower.
Equities have tacked on a recovery so far this week and are getting a boost from Tesla this morning, but the Fed looms for early-May and the variance in bounces amongst equity indices may be highli…
Chinese Yuan posts largest weekly drop since currency devaluation.
UK and US equities have struggled recently, in light of aggressive rate hike paths and lower forecast GDP data. FTSE and S&P 500 levels considered ahead of major earnings
The US dollar continues to run amok in the FX market, racking up impressive gains across the board. Is the move starting to look stretched?
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