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Usd/cad extends rally, markets brace for weak canadian retail sales
Canadian retail sales expected to have declined US Services and Manufacturing PMIs projected to have slowed USD/CAD pushes above 1.35 The US dollar is...
Sterling price outlook: signs of bullish impetus reverse ahead of a busy week
Sterling showed some signs of promise earlier this week on the back of another stubbornly hot inflation number which dragged rate expectations higher....
Fmas:23 session spotlight – industry leaders talk opportunities for all
In less than three weeks, the Finance Magnates Africa Summit (FMAS:23) will be coming to South Africa. This will include one of the event’s most ant...
Usd/jpy price analysis: japan’s cpi continues rise in march
Consumer inflation in Japan continued to rise in March. Recession fears have increased due to poor US data released on Thursday. Import growth in Japa...
The week ahead 24th – 28th april: a mixed earnings season in the usa
Welcome to Key to Markets preview of the Week Ahead Currency Pair Performance 5-day performance as of April 20, 2023. 10:00 GMT. Source: finviz.com 10...
Nasdaq composite technical analysis
On the daily chart below for the Nasdaq, we can see that the market consolidated just below the key 12274 resistance. The moving averages are still cr...
Ecb's rehn warns against early withdrawal of restrictive monetary policy
We have moved policy to an area that restricts aggregate demandThere is no reason for us to abandon it or exit it prematurelyThe path to sustainable g...
Cable holds lower as dollar keeps slightly firmer on the session
The pound is doing that thing where it is following the action in commodity currencies again today, with it being one of the worst performing major cu...
Hong kong's sfc calls vantage website 'suspicious'
Hong Kong's Securities and Futures Commission (SFC) has issued a warning against Vantage International Group Limited, the Cayman Islands registered ar...
Stocks recover some poise in mixed trading
Here's a snapshot of things now:S&P 500 futures +0.1%Nasdaq futures +0.1%Dow futures flatEurostoxx +0.1%Germany DAX -0.2%France CAC 40 +0.2%UK FTSE +0...
Eu parliament votes to pass mica legislation
In a tweet, European Financial Services Commissioner Mairead McGuinness said the vote was “a world first” and that the new regulation can come int...
Eur/usd remains listless despite improving euro area business activity
The latest Euro Area PMIs show business activity in the single block at an 11-month high, driven by an increasingly robust service sector......
Ecb officials highlight persistent core inflation, emphasize data-dependent approach
ECB Vice President Luis de Guindos recently highlighted the persistence of core inflation, stating that it may be more persistent than markets anticip...
Jasper’s market squawk 21-04-2023
Recession Fears Resurface Stocks and the dollar slid on Thursday following notable poor earnings and a rout of weak economic data in the US, circling ...
European parliament passes a law on cryptocurrencies
On Thursday, MEPs voted 529 to 29 with 14 abstentions to approve Markets in Crypto-assets (MiCA), a law that creates a regulatory framework for the ci...
Inflation in japan stabilizing
High inflation is not such a big problem for Japan as it is for, for instance, the US and the UK. Although the sharp jump in the Core CPI in Japan two...
Bitcoin and ether erase recent momentum
Market Picture Bitcoin fell to $28K on Thursday, losing 2.8% in the last 24 hours. The crypto market is shrinking roughly at the same rate, losing 2.5...
Usdcad rebounds strongly from april lows
USDCAD had been trending lower after peaking at the 2023 high of 1.3860 in mid-March. However, the pair managed to halt its decline and has been gaini...
Wti oil futures on a slippery slope again
WTI oil futures returned to losses after a whopping continuous 24% rally during the previous four weeks, which lifted the price up to an almost five-m...
Xag/usd: bulls may send the market to 27.927
In the long term, Silver is most likely moving inside a corrective trend consisting of cycle waves w-x-y-x-z. On the 1H timeframe, we see the structur...
Aud/usd slides on hawkish fedspeak
AUD/USD has fallen sharply Fed members continue to urge more rate hikes Fed members say inflation still too high The Australian dollar has been relati...
Aud/usd: aussie dollar accelerates lower on soured risk mode
Australian dollar fell around 0.9% in Asia / early Europe on Friday, deflated by fading risk appetite as US recession fears grow. The US dollar also r...
Crude coming down to fill the gap, supporting usd/cad rally towards 1.3555
Crude oil is coming down, trying to fill that gap now from early April when Opec decide to cut production to stabilize prices. However, these gaps wer...
Earnings drag indices lower!
Stocks continued dropping as traders reacted to a mixed bag of corporate earnings. With Tesla and Netflix both subdued, sentiment has reflected the to...
Uk pmi composite rose to 53.9, lopsided growth but gained momentum
UK PMI Manufacturing fell from 47.9 to 46.6 in April, a 4-month low. PMI Services jumped from 52.9 to 54.9, a 12-month high. PMI Composite rose from 5...
Usd/cad outlook: soaring as oil prices fall
Oil fell due to fears that a potential recession could reduce fuel demand. Macklem believes that the effect of increased US rates on the Canadian doll...
Russell 2000 technical analysis
On the daily chart below, we can see that the price action is compressed between the 50% Fibonacci retracement level and the trendline. Although the m...
Eur/usd daily outlook
Daily Pivots: (S1) 1.0940; (P) 1.0965; (R1) 1.0996; More… Intraday bias in EUR/USD remains neutral as consolidation from 1.1075 is extending. Outloo...
Gbp/usd daily outlook
Daily Pivots: (S1) 1.2409; (P) 1.2439; (R1) 1.2472; More… GBP/USD is still bounded in range below 1.545 and intraday bias stays neutral for the mome...
Forex swing trader ea mt4 – free download
Forex Swing Trader EA Review Forex trading has become increasingly popular over the years, and with it, the demand for reliable and effective trading ...
Usd/chf daily outlook
Daily Pivots: (S1) 0.8900; (P) 0.8944; (R1) 0.8967; More… Intraday bias in USD/CHF remains neutral at this point. Another decline cannot be ruled ou...
Uk april flash services pmi 54.9 vs 52.9 expected
Prior 52.9Manufacturing PMI 46.6 vs 48.5 expectedPrior 47.9Composite PMI 53.9 vs 52.5 expectedPrior 52.2This follows a similar trend to the French and...
Us jobs numbers point to weaker dollar
Both the dollar and US stocks dropped yesterday, an untypical development in the markets. Usually the currency and the stock market go in opposite dir...
Usd/jpy daily outlook
Daily Pivots: (S1) 133.85; (P) 134.41; (R1) 134.82; More… Intraday bias in USD/JPY stays neutral at this point. Some more consolidations could be se...
Aud/usd daily report
Daily Pivots: (S1) 0.6702; (P) 0.6737; (R1) 0.6777; More… Intraday bias in AUD/USD remains neutral as range trading continues. On the downside, brea...
