Market News

Recent US data has pushed the US dollar even higher, extending USD/CAD gains while the BoC opted to pause rates. Bullish momentum stalls at significant resistance level...

The Euro Area is struggling to expand, according to the latest Eurostat data, leaving the single currency at the mercy of a strong US dollar...

​​Indices have seen bullish momentum slip away, as concerns about renewed rate hikes hit risk appetite. ​...

GBP prices slumped this morning after the Halifax house price index reports showed property prices missing estimates. GBP/USD now below 1.25....

US indices turned lower on Wednesday after stronger-than-expected services sector data pushed up the odds of a November rate hike. What’s next for S&P 500 and the Nasdaq 100 index?...

The Euro backed away from recent lows today with the US Dollar ascendency taking a breather. The ECB meet week and the market is uncertain about a hike. If they do, will EUR/USD rally?...

Gold is restarting to feel the heat of rising US real yields following upbeat US data in the past couple of days. What is the outlook and what are the key levels to watch in XAU/USD?...

Crude oil prices launched to a 10-month high overnight as OPEC+ supply cuts are extended, and US stockpiles continue to shrink while the structure of the market appears at a crossroads....

USD/CAD rises to its best level since late March and challenges a key technical resistance zone, opening the door to a possible bullish breakout and the prospect of additional upward momentum....

EUR/USD falls to its weakest level in three months as markets price in higher odds of additional Fed tightening in 2023 following strong and better-than-expected U.S. economic data....