Subscribe To
Dow jones etfs continue winning run as rates at 2001 high
Fed raised its benchmark interest rate by 0.25% on Wednesday, leaving room for more hikes this year. Such rising rate environment is a plus for the Do...
July 27, 2023, 9:27 am
Airbus a320neo engines in question as pratt & whitney issues strike
Thousands of Pratt & Whitney engines used to power Airbus A320neos could be affected by manufacturing issues, the supplier has warned. Some 1,200 engi...
July 27, 2023, 9:03 am
Wti oil futures consolidate near 3-month peak
WTI oil futures (September delivery) have been in a steady uptrend since late June, crossing above both the 50- and...
July 27, 2023, 8:38 am
Audusd poised for an upturn
AUDUSD seems to have secured a strong foothold near 0.6735 and around its 20- and 200-day simple moving...
July 27, 2023, 8:37 am
Equities pull higher in european morning trade
In Europe, the IBEX is up 0.6% to its highest since February 2020 while the FTSE MIB is up 0.9% to its highest since September...
July 27, 2023, 8:21 am
Usd/cad price analysis: clings to mild losses below 1.3200 within immediate triangle, us gdp eyed
On the flip side, a convergence of the 200-Exponential Moving Average (EMA) and a descending resistance...
July 27, 2023, 7:44 am
Aud/usd holds early advance today but still respecting key levels in the big picture
After a setback from the softer Australia CPI data yesterday, the aussie currency is recovering well today as it is up 0.6% against the dollar to 0.68...
July 27, 2023, 7:17 am
Russell 2000 technical analysis - watch this key resistance for the next big move
The Fed yesterday hiked interest rates by 25 bps as expected and kept the policy statement unchanged. This outcome was already priced in, and the mark...
July 27, 2023, 6:08 am
Trade ideas thread - european session 27 july 2023
The dollar is now on the backfoot again but it's not as bad as it looks. At least not compared to when we saw the rout two weeks ago. EUR/USD is still...
July 27, 2023, 5:38 am
Australia export price down -8.5% qoq in q2, largest fall since 2009
Australia’s Q2 Export Price Index registered -8.5% qoq drop, the most substantial quarterly decline since Q3...
July 27, 2023, 4:22 am
Usd/cad struggles below 1.3200 mark amid bullish oil prices, sustained usd selling
The USD/CAD pair extends the overnight pullback from the 1.3235-1.3240 area, or over a one-week high and continues losing ground through the Asian ses...
July 27, 2023, 4:14 am
Silver price analysis: xag/usd snaps two-day uptrend below $25.00, focus on 200-sma and us gdp
However, the 200-SMA level of around $24.80 restricts further downside of the XAG/USD, a break of which...
July 27, 2023, 1:14 am
Usd/cad loses traction above the 1.3200 mark, us gdp eyed
The USD/CAD pair struggles to gain and loses momentum above the 1.3200 mark during the early Asian session on Thursday. The major pair currently trade...
July 27, 2023, 12:29 am
Nzd/usd moves sideways above the 0.6200 mark with a focus on us gdp
NZD/USD remains flat near the 0.6200 area after the Fed’s decision and statement. As expected, the Federal Reserve (Fed) raises rates by 25 basis po...
July 26, 2023, 11:44 pm
Hang seng index, asx200, nikkei 225: powell leaves the door ajar
It will likely be a testy day for the Hang Seng Index and broader Asian markets after Powell left the markets in limbo on future interest rate hikes. ...
July 26, 2023, 11:30 pm
Us equity close: dow extends winning streak to 13 sessions
I often say that the Dow Jones Industrial Average is a poor measure of the US stock market but it's certainly been a great investment for anyone who h...
July 26, 2023, 8:29 pm
Nzd/usd rises following fed decision
NZD/USD rose above 0.6200 and jumped to positive territory. Fed hiked rates by 0.25% as expected to 5.25-5.50%. Powell opened the door to “not hike ...
July 26, 2023, 7:45 pm
Not much movement. waiting for powell.
EURUSD: The EUSUSD remains above its 50% midpoint of the July trading range. That level comes in at 1.10539. The New York (and London session) held th...
July 26, 2023, 6:26 pm
Nzdusd consolidate between short term technical levels
Generally speaking, the NZDUSD is consolidating between the 50% retracement of the move up from the June 29 low at 0.6230, and the 61.8% retracement l...
July 26, 2023, 4:16 pm
Audusd moved lower after lower australia cpi. what next through the fomc rate decision?
The AUDUSD is lower on the day. The declines were helped by the lower-than-expected CPI data out of Australia last night. That sent the pair down to a...
July 26, 2023, 3:07 pm
