The Hang Seng Index found a firmer footing after Alibaba announced a split up of the company adding to the positive sentiment from a calm banking sector. Where to for HSI?
USD/CAD breaks below the psychological 1.3500 level on Monday and falls towards trendline support at 1.3420, the next important technical floor to watch in the near term.
GBP/USD and EUR/USD rally at the start of the week, supported by broad-based U.S. dollar weakness, with both pairs advancing towards key technical resistance levels at the time of writing.
Spot Gold has enjoyed a strong rally since tapping the $1950 mark this morning, but price action remains mixed. Will the $2000 handle remain a step too far for the precious metal?
The US dollar is giving back all this morning’s opening gains after this weekend’s OPEC+ output cut gave rate hike expectations a push higher.
EURUSD has rallied some 70-odd pips from its Asian session lows as the 1.0800 level remains pivotal. Where to next for EURUSD?
USD/CAD teeters on the edge of a major support zone that if broken could see the loonie tumble. A big fundamental week lies ahead that could lead to such a move for CAD.
Despite upbeat US consumer confidence data, the US Dollar did not receive any love on Tuesday as the 2-year Treasury yield gained. Is further pain ahead for the currency during Asia trade?
Crude oil prices leapt higher to start the week after an unorthodox announcement from OPEC+ to cut output, stoking concerns of a surge in inflation. Will WTI hold the gains?
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