The EUR/AUD is set to depreciate further if the recent support area can be broken. Yesterday’s latest GDP figures in Australia revealed that the nation’s economy…
Browsing: forextrading
Rates as of 04:00 GMT Market Recap Japan PM Abe unexpectedly resigned on Friday, causing Tokyo stocks to decline and the yen to rise on a…
Rates as of 04:00 GMT Market Recap It was a “risk-on” day as the Trump regime reached a deal with Moderna to buy 100m doses of…
Rates as of 04:00 GMT Market Recap A wild day! The main feature was a rise in US Treasury yields, both nominal and real, that knocked…
Rates as of 04:00 GMT Market Recap CAD was the best-performing currency as oil prices rose. Bet you’ve seen this graph before: The currency also got…
Rates as of 04:00 GMT Market Recap Increasing tensions with China over TikTok, a rising virus count, downward revision in long-term credit outlook (from “stable” to…
After a 600pip move higher, the EUR could be ready for a break lower. Most technical indicators are in extreme overbought conditions showing potential risk to…
Rates as of 04:00 GMT Market Recap The July meeting of the US Fed’s rate-setting Federal Open Market Committee (FOMC) had no notable surprises and made…
Rates as of 04:00 GMT Market Recap A mixed day for risk in the stock markets, with the S&P 500 up but NASDAQ down and stocks…
EU bourses headed lower today with the German DAX opening lower following a strong session across global equity markets overnight after the prospect of a potential…