AUD/USD Bounces off Key Floor
The Australian dollar recovers over a rebound in risk appetite. Stiff selling at September’s high […]
USD/CAD Seeks Support
The Canadian dollar edged higher after its economy grew by 0.1% in October. The US […]
Slow Week
It has been quite a quiet start to the week with many major markets still […]
USD/CAD IG Client Sentiment: Our data shows traders are now net-long USD/CAD for the first time since Dec 04, 2022 when USD/CAD traded near 1.34.
Traders are further net-long than yesterday and last week, and the combination of current sentiment […]
EUR/USD IG Client Sentiment: Our data shows traders are now at their least net-long EUR/USD since Dec 15 when EUR/USD traded near 1.06.
Traders are further net-short than yesterday and last week, and the combination of current sentiment […]
Platinum (PL) Ready to Rally in 2023
Platinum (PL) continues to trade sideways and the metal is in the process of forming […]
GBP/USD Reaches Key Support, Bulls Eye Increase
Key Highlights GBP/USD corrected lower from the 1.2450 zone. It traded below a major bullish […]
ECB Knot: We are just at the beginning of the second half
ECB Governing Council member Klaas Knot said in an FT interview that in the five […]
BoJ Kuroda: Japan approaching a critical juncture away from low inflation and growth
BoJ Governor Haruhiko Kuroda said yesterday that widening of the allowed band for 10-year JGB […]
EURCHF Wave Analysis
EURCHF reversed from resistance level 0.9920 Likely to fall to support level 0.9815 EURCHF today […]
Japan retail sales rose 2.6% yoy in Nov, unemployment rate down to 2.5%
Japan retail sales rose 2.6% yoy in November, below expectation of 3.8% yoy. The growth […]