Focus turns to uk gdp and canada employment for direction

The markets are overall staying in directionless mode for now. Dollar’s selloff overnight didn’t last, as risk rally ...

February 10, 2023, 5:39 am

3 outperforming stocks partying like it's 2020

Some stocks partied like rock stars coming off the March 2020 market bottom. As doomsday pandemic fears faded, it was the most risky (and often least ...

February 9, 2023, 12:45 pm

European equity close: a strong day turns into a modest win due to late selling

• Stoxx 600 +0.3%
• German DAX +0.6%
• Francis CAC -0.1%
• UK's FTSE 100 +0.3%
• Spain's Ibex +0.7%
• Italy's FTSE...

  February 8, 2023, 4:36 pm

Dax 40 & dow jones: weekly analysis 06th – 10th february

Market movers A week full of macro and monetary events came to an end. The stock exchanges gained a lot after the Fed and ECB decisions that met expec...

February 6, 2023, 9:53 am

Aud/usd rebounds to near 0.6950 despite us-china tensions, rba policy buzz

AUD/USD has rebounded firmly after dropping to near 0.6950 despite deepening US-China tensions. A surprise jump in the US NFP data has ...

February 6, 2023, 6:59 am

Alibaba: initial phase of rally is drying up

Alibaba stock has become one of the main drivers of the Chinese stock market, returning 35.6% since December 30, 2022. In global terms, I would like t...

January 26, 2023, 5:01 am

Japanese yen price action setups: usd/jpy, eur/jpy, gbp/jpy

The Bank of Japan didn’t alter policy last night and a large wave of Yen-weakness appeared; but that’s been ...

January 18, 2023, 5:30 pm

Stocks pare gains with focus on fed

A rally faded, as investors weighed bets about whether the Federal Reserve might dial back its aggressive pace of increases in interest rates. Read Fu...

January 11, 2023, 2:29 am

Gbp/usd faces barricades around 1.1930 as us dollar index rebounds

GBP/USD has sensed selling pressure around 1.1930 amid a recovery in the US Dollar Index. A recovery in the risk-on profile is getting ...

January 6, 2023, 6:14 am

Eur/usd forecast: near-term slides sub-1.0600 in sight

Optimism faded amid speculation China may end up boosting price pressures. US indexes edged lower on We...

December 28, 2022, 7:59 pm

Nobel laureate paul krugman compares tesla to bitcoin — and says he wouldn’t trust elon musk to feed his cat

Breathless hype and faith underpin the valuations of both Tesla and bitcoin, but some of Musk’s appeal has faded, Krugman said. Read Full Story The ...

December 28, 2022, 2:29 pm

Yen rally takes a breather, dollar and canadian await data

The markets become rather directionless again in Asian session. Yen is paring some gains as the boost from BoJ faded. Swiss Franc, Aussie and Kiwi are...

December 21, 2022, 6:22 am

Why sundial growers fell 16.6% this week

The former meme stock-turned-value-stock turned lower with U.S. peers as hopes for a SAFE Banking bill this year faded....

December 9, 2022, 9:57 am

Pivot to a defensive approach with these 3 top stocks

Comments from a relatively less-hawkish Jerome Powell last week relieved the market, but that euphoric feeling has seemingly faded....

December 7, 2022, 4:33 pm

Cannabis stocks posts second day of steep losses on uncertainty over safe plus banking measure

Shares of cannabis companies fell sharply for the second straight day as optimism faded around passage ...

December 7, 2022, 11:23 am

Nzd/aud cross hits 0.94 for the first time since january

US nonfarm payrolls stronger than expected. Initial hawkish market reaction quickly faded. NZ rates sharply lower on Friday as market starts to questi...

December 4, 2022, 7:14 pm

Usdjpy moves back to the downside and below its 200 day moving average

As stocks moved back higher and yields moved lower, the US dollar is getting weaker.The USDJPY is back below its 200 day moving average of 134.506....

December 2, 2022, 8:42 pm

Us oil tests resistance

Oil prices find support from a large drawdown in US inventories. Sentiment remains cautious at best after WTI broke below September’s low of 76.60. ...

December 1, 2022, 8:15 am

Gbp/usd price analysis: pound tests the descending triangle breakout below 1.2100

The GBP/USD pair is displaying a lackluster performance after dropping from the round-level resistance of 1.2100 in the Asian session. Exhaustion in t...

December 1, 2022, 4:14 am

Usd/cad declines towards 1.3400 as oil strengthens, us/canada gdp eyed

USD/CAD is declining towards 1.3400 amid a sheer recovery in oil prices. The risk-off impulse has faded ...

November 29, 2022, 6:59 am