USD/CAD Breaks Key Support, Risk of More Downsides
Key Highlights USD/CAD started a fresh decline from the 1.3685 zone. It traded below a […]
Japan industrial production down -0.1% mom in Nov, output weakening
Japan industrial production declined -0.1% mom in November, better than expectation of -0.2% mom. But […]
Tesla Market Cap Plunges 72% Since 2021 Peak, Nasdaq 100 Sinks on Fed Woes
Tesla’s market capitalization plunged 72% since last year’s peak, which means it no longer towers […]
Risk On or Risk Off in 2023: Looking to the Nasdaq – Dow Ratio
While most traders are focusing in on a single asset or perhaps market heading into […]
Currency Pair of the Week: EUR/GBP
Heading into the last week of the season, anything can happen! Many times, large institutional […]
Gold Price Gains Traction on Relaxing China Covid Curbs, Weaker Dollar
Gold price is establishing above psychological $1800 barrier and moving within the upper part of […]
ECB de Guindos: There will be further rate hikes until inflation on a path back to target
ECB Vice-President Luis de Guindos said in an interview, regarding how high are interest rates […]
US goods trade deficit narrowed to USD -83.8B
US goods exports dropped -3.1% mom to USD 168.9B in November. Goods imports dropped -7.6% […]
WTI Oil Hits Three-Week High on Improved Sentiment
The WTI oil price rose above $80 per barrel and hit the highest level in […]
AUD/USD: Aussie Benefits from Renewed Risk Sentiment
The Australian dollar rose further on Tuesday, driven by fresh risk appetite on optimistic news […]
BoJ Opinions: Expansion of 10-yr yield fluctuations enhances sustainability of YCC
In the Summary of Opinions at BoJ’s December 19-20 meeting, several members noted that Japan […]