US Dollar Index (DXY) Slides to Fresh Lows Post PCE Data
US Dollar Index hits new yearly low after PCE inflation report came in softer than […]
USDJPY Driven by Japanese Fundamentals with Target at 142.00
Bullish Corrective Scenario: Buy positions above 143.50 with a take profit (TP) at 144.00 or […]
Canada’s Economy Advanced in July, Growth Stalled in August
The Canadian economy grew by 0.2% month-on-month (m/m) in July after June’s flat reading. This […]
USD/CAD Eyes Canada’s GDP
The Canadian dollar is steady on Friday. In the European session, USD/CAD is trading at […]
Japanese Yen Soars as Tokyo Core CPI Falls to 2%
The Japanese yen is sharply higher on Friday. USD/JPY is trading at 143.49 in the […]
Crypto Market and Bitcoin Break the Months-Long Downtrend
Market Picture The cryptocurrency market went on to break previous peaks at the end of […]
A Rising Tide Lifts All Boats
Markets A rising tide lifts all boats. Or in this case, a rising Chinese stock […]
Saudi Throws in the Towel
The S&P 500 printed its 42nd record high this year yesterday on the back of […]
Cliff Notes: China Delivers
Key insights from the week that was. Following last week’s monetary policy announcements by the […]
Swiss Franc Edges Lower After Swiss Central Bank Cuts Rates
The Swiss franc is showing limited movement on Thursday. USD/CHF is trading at 0.8483, down […]
SNB Failed to Surprise With Rate Cut and Unlikely to Weaken Franc
The Swiss National Bank met expectations by cutting its key interest rate by 0.25 percentage […]