AUD/USD: “Trump Trade” Overshadowed Cautiously Hawkish RBA, At Risk of Further Downside
US President-elect Trump’s proposed policies may trigger a further upside movement on longer-term US Treasury […]
USD/CAD Eyes Canadian Jobs Report
The Canadian dollar has steadied on Friday after a roller-coaster week. In the European session, […]
Japan’s Consumer Spending Slips, Yen Extends Gains
The Japanese yen has posted gains on Friday. In the European session, USD/JPY is trading […]
EUR/USD Outlook: Bears Hold Grip But Prolonged Consolidation May Precede Fresh Push Lower
EURUSD weakened on Friday after recovery attempts from new multi-month low (1.0682), hit after Wednesday’s […]
Dollar Index Outlook: Markets Digest News from US Election /Fed Policy Outlook
The Dollar Index is in a sideways mode on Friday morning after Thursday’s drop almost […]
Crypto Market Stands on Top
Market Picture The cryptocurrency market is consolidating near the $2.5 trillion mark after pulling back […]
USDCAD Retains Bullish Bias Above 20-day SMA
USDCAD posts new 25-month high but currently stands beneath it Stochastics and RSI show positive […]
Elliott Wave View in EURGBP Calling for More Downside
Short Term Elliott Wave View in EURGBP suggests that decline to 0.8295 on October 18, […]
Fed Powell Said Too Soon to Say How Trump Administration’s Policies Would Reshape Outlook
Markets The barrage of central bank meetings in Sweden, Norway, the Czech Republic and the […]
Fed Has No Choice But to Dance to Trump’s Tune
The Federal Reserve (Fed) delivered the second rate cut of the year yesterday. Chair Jerome […]
China to Unveil Fiscal Stimulus Package
In focus today Today, we should finally get actual numbers on China’s fiscal stimulus as […]
US 10-yr yield retreats after Fed holds rates steady; Powell highlights fiscal risks
US 10-year Treasury yield eased back notably overnight following Fed’s decision to keep interest rates […]