MarketPulse

The Japanese yen rebounded on Tuesday after sliding almost 1% a day earlier. In the European session, USD/JPY is trading at 150.11, down 0.39% on the day. The yen weakened to 150.95 in the Asian...

The US Dollar Index (DXY) rose to a three-week high due to positive US business activity data and improved sentiment. US Services PMI showed growth, driving the overall positive economic...

The recent 5% rebound seen in the AUD/USD from its 3 February low is likely to be a minor corrective rebound. The medium-term downtrend phase of the AUD/USD in place since its 30 September 2024 high...

Risk Assets continue to struggle despite some gains in the S&P 500 and Dow Jones. On the economic data front, we have PMI and inflation figures in the US, Europe, the UK, and the Asia...

Bitcoin's price dipped despite initial gains following President Trump's crypto event appearance. New "whale" investors have accumulated a large amount of Bitcoin, suggesting potential for a...

Fed Chair Powell’s “inflation is transitory” induced rally in US stocks may be temporary. Market breadth remains weak in the Nasdaq 100. Watch the 20,340/790 key medium-term resistance on the Nasdaq...

Brent crude prices remain in a tight range this week as bears and bulls jostle for supremacy. The back and forth between bulls and bears continued today as a larger-than-expected drop in U.S. fuel...

The Bank of England is expected to hold interest rates steady at 4.50% at its meeting today, with a potential 8-1 vote split. Sticky inflation remains a key concern for the BoE, influencing their...

The Japanese yen continues to lose ground against the US dollar. In the European session, USD/JPY is trading at 149.74, up 0.32% on the day. Earlier, the yen reached the symbolic 150 level for the...

The Fed is expected to maintain current interest rates (4.25%-4.50%) and a cautious approach, emphasizing data-driven decisions. Market participants will focus on the Fed's "dot plot" and Chair...

GBP/USD made its way to a four-month high, tapping into the psychological 1.3000 handle yesterday. A retest and foray above earlier in the day was met with some modest selling pressure keeping...

Uncertainties over global growth due to US trade tariffs have triggered the recent rebound seen in the USD/JPY ahead of BoJ & FOMC monetary policy meetings. The 2.2% bounce of the USD/JPY from...

Gold (XAU/USD) tested the $3000/oz level but faces resistance, with key support at 2994, 2982, and 2950. Increased Gold ETF inflows and significant central bank buying are supporting gold prices...

The three-month downtrend phase of WTI crude oil from January 2025 has stalled at a major range support of US$65.40/barrel. China’s impending expansionary policies to boost domestic consumption...

  Markets have seen another week of losses but a positive end to the week may be a sign that a rebound in US equities is the start of improving sentiment. The improved end to the week came about as...

The New Zealand dollar is in positive territory on Friday. NZD/USD is trading at 0.5722 in the European session, up 0.46% on the day. New Zealand’s manufacturing sector improved in February, as...