USD/CAD Hits Resistance
The Canadian dollar softened as November’s inflation reading showed signs of slowing down. On the […]
US Dollar Slides As Markets Take Stock Ahead of Holidays. Where to for USD?
The US Dollar is weaker today as markets appear to be putting the cue back […]
AUD/NZD extending corrective rebound
As risk-on sentiment carried forward to Asian sessions, Aussie is benefiting much more than Kiwi […]
WTI oil extends rebound, but down trend still intact
Oil prices extended the near term rebound this week as winter storm hit the US. […]
Bitcoin Price Technicals Suggest Fresh Drop To $16K
Key Highlights Bitcoin price started a fresh decline below the $17,150 support. It traded below […]
AUD/NZD Breakout?
This has been an interesting year for AUD/NZD. If one had bought the currency pair […]
Australian Dollar, S&P 500 Gain as Nike Earnings, Consumer Confidence Boost Markets
The sentiment-linked Australian Dollar climbed alongside the S&P 500 as an improvement in risk appetite […]
VIX Collapse Lifts the Equities, EURUSD Extreme Range with Limited Time
We are feeling the effects of holiday liquidity expectations. While enthusiasts may consider the S&P […]
USDJPY Bearish Break Was Dramatic, But Liquidity Can Tame Even That Move
The breakdown from USDJPY – and most Yen crosses – following the Bank of Japan’s […]
US consumer confidence rose to 108.3, reversing consecutive declines
US Conference Board Consumer Confidence rose from 101.4 to 108.3 in December. Present Situation Index […]
ECB de Guindos: 50bps is the new norm for a period of time
ECB Vice President Luis de Guindos said in an interview with Le Monde, “increases of […]