Forex
Kickstart the trading day for May 28 w/a technical look at the EURUSD, USDJPY and GBPUSD.
The USD is moving lower to start the trading day with the EURUSD and the GBPUSD stretching to the upside in early US...
ECB’s Holzman says he would support a rate cut next week but next moves not automatic
Comments from Austrian ECB official Robert Holzmann via Econostream:What I see at the moment is that the disinflation process is indeed underwayThere will...
Natural Gas steadies at lower levels in Middle Eastern turmoil
Natural Gas price (XNG/USD) is testing this week’s low on Tuesday after prices fell on Monday due to extensive profit-taking. The decline on...
Canada April producer price index +1.5% vs +0.8% prior
Prior was +0.8% (revised to +0.9%)Prices +1.4% y/y vs -0.5% priorRaw materials price index +5.5% m/m vs +4.3% priorRaw materials +3.1% y/y vs...
Pound Sterling is oncourse to recapture 1.2800 on cheerful market sentiment
The Pound Sterling (GBP) approaches the round-level resistance of 1.2800 in Tuesday’s New York session.
Canada Industrial Product Price (MoM) came in at 1.5%, above forecasts (0.6%) in April
Canada Industrial Product Price (MoM) came in at 1.5%, above forecasts (0.6%) in April
Canada Raw Material Price Index above forecasts (3.2%) in April: Actual (5.5%)
Canada Raw Material Price Index above forecasts (3.2%) in April: Actual (5.5%)
US Dollar tests technical support in DXY with risk of more downturn
The US Dollar (USD) are holding on to losses heading into the official start of this week for US markets, coming back again after a...
US consumer confidence and housing in focus today
The US is back from a holiday today and that will put the FX market at full staff after a period of low...
A low VIX is positive for stocks
The Nasdaq100 and S&P500 indices are showing measured gains, while volatility has declined to levels last seen in January 2020.
