- Market News
Recent Market News Headlines
UK GDP Beats Expectations Ahead of US Data
Strong UK GDP figures surprise markets ahead of key US retail sales and jobless claims releases on Thursday.
Global Markets Brace for Iran Deal, Fed Hold, and RBA Hike
Iran deal hopes lift equities while the Fed holds rates and the RBA delivers a surprise hike to 4.35%.
ECB Holds Rates Amid Inflation Uncertainty and Caution
The European Central Bank holds rates steady at 2.00% while markets watch closely for clues on future moves.
Eurozone PMI Signals Contraction as War Fuels Inflation
The eurozone economy contracts in April as the Middle East conflict drives inflation higher and hammers services activity.
- Market News
Recent Market News Headlines
UK GDP Beats Expectations Ahead of US Data
Strong UK GDP figures surprise markets ahead of key US retail sales and jobless claims releases on Thursday.
Global Markets Brace for Iran Deal, Fed Hold, and RBA Hike
Iran deal hopes lift equities while the Fed holds rates and the RBA delivers a surprise hike to 4.35%.
ECB Holds Rates Amid Inflation Uncertainty and Caution
The European Central Bank holds rates steady at 2.00% while markets watch closely for clues on future moves.
Eurozone PMI Signals Contraction as War Fuels Inflation
The eurozone economy contracts in April as the Middle East conflict drives inflation higher and hammers services activity.
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Mini Charts
USD/CAD
U.S. Growth Rebounds; Asia’s Markets React to New Data
U.S. Q2 GDP surpassed forecasts, boosting the dollar. Tokyo’s CPI rise suggests a possible BoJ rate hike, with strong oil demand.
Market Focus: BoJ Remarks and Their Impact on Global Markets
Bank of Japan Governor Ueda emphasized caution in inflation-targeting frameworks, influencing USD/JPY trading, while the Euro shows strength amid improved German sentiment.
Asia Forecast: Market Movements as New Trading Week Begins
Federal Reserve speeches may drive market movements. The Asian trading session is expected to be quiet, with minimal economic data scheduled.
The Dollar Up, Gold Vulnerable as Asia Session Opens
In the aftermath of Philip Jefferson's speech, markets brace for potential shifts in currencies and commodities.
Market Watch: Canadian Manufacturing Inflation Spurs Loonie Surge
Persistent inflationary pressures in Canada's manufacturing sector drive the Loonie's strength, with the USD/CAD pair trading below 1.3700.
Market Focus: European Outlook on Dollar Index and Gold Prices
The Dollar Index (DXY) dipped below 106 in Europe, while gold stabilized around $2,370/oz, maintaining an unusual positive correlation.
USD/CAD: H1 Support is in Play
USD/CAD -Technical Analysis- H4 Chart The chart shows that the price made a bullish move and breached the simple moving average 30. It...
Latest Developments in Currency and Commodity Markets
In Canada, inflation eased to 2.9%, impacting the Loonie, while Australia saw a 4.0% wage growth, potentially affecting inflation.
USD/CAD: Bull Looks to Make a Move
USD/CAD -Technical Analysis- H4 Chart The chart shows that the price after being bearish made a bullish correction. The chart produced a bearish...
USD/CAD: May Remain Choppy for a While
USD/CAD -Technical Analysis- H4 Chart The chart shows that the price had its second bounce at 1.34300. At the second bounce, it produced...
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