Bank of Canada Delivers a 50 Basis Point Hike, But No Guarantees of Future Hikes
The Bank of Canada raised the overnight rate to 4.25%, while stating that it will […]
Oil Seems to Be Heading for $62
WTI crude is down to $73, while Brent is approaching $78, losing 2% since the […]
Aussie Shrugs Off Soft GDP
The Australian dollar is showing limited movement for a second successive day. In European trade, […]
The End of the Bear-Market Rally?
Equity markets are struggling again on Wednesday, with the latest Chinese trade data highlighting the […]
The Fed: What Happens After the Fed Reaches the Terminal Rate
Yesterday, several major CEOs gave interviews to financial media in the context of a couple […]
EUR/AUD Mid-Day Outlook
Daily Pivots: (S1) 1.5586; (P) 1.5638; (R1) 1.5701; More… EUR/AUD’s break of 1.5704 resistance indicates […]
WTI oil hits new 2022 low as down trend resumes
WTI oil crude oil extends recent decline and hit the lowest level for the year. […]
GBPCHF Wave Analysis
GBPCHF reversed from resistance level 1.1530 Likely to fall to support level 1.1330 GBPCHF recently […]
All Eyes on the Bank of Canada
The Canadian dollar has edged lower on Wednesday. In the European session, USD/CAD is trading […]
Covid Lockdowns Hinders China’s Trade
Last month, China’s harsh lockdown measures negatively impacted foreign trade. Exports fell by 8.7% YoY; […]
AUD/NZD extending decline, targets 1.0437
New Zealand Dollar is clearly overwhelming its Australia counter part recently. AUD/NZD’s decline continues on […]