MarketPulse

Wall Street indexes showed positive momentum, driven by strong bank earnings reports. Tech sector earnings, expected later in October, could further boost US indices. S&P 500 technical analysis...

The Canadian dollar has declined against the US dollar for a tenth consecutive trading day and has fallen 2.1% in October. In Tuesday’s session, USD/CAD is trading at 1.3811 at the time of writing,...

Brent oil prices have recovered to $78.30 despite OPEC+ downgrading demand growth forecasts and falling Chinese imports. China’s oil imports fell for the fifth consecutive month in September stoking...

The Canadian dollar can’t find its footing and is trading at a nine-week low against the US dollar. In the North American session, USD/CAD is trading at 1.3792 at the time of writing, up 0.21%. The...

The British pound is coming off a quiet week and the lack of activity has continued on Monday. Early in the North American session, GBP/USD is trading at 1.3040, down 0.14% on the day. It’s a busy...

China’s latest set of inflationary data for September increases the risk of a deflationary spiral being entrenched. China policymakers continued to use rhetoric to push out new fiscal stimulus...

Gold prices remain steady despite weak Chinese data, Risk-Off Start to the week. Market uncertainty and geopolitical tensions are supporting gold’s safe-haven appeal. Key support and resistance...

The New Zealand dollar is lower on Monday. In the European session, NZD/USD is trading at 0.6082, down 0.44%. Services PMI Contracts for Seventh Straight Month New Zealand’s economy has been...

Another week and more disappointment for market participants eyeing rate cuts from the Federal Reserve. A slow start to the week with a lot of rangebound price action through to Thursday afternoons...

The Canadian dollar has edged lower on Friday. In the European session, USD/CAD is trading at 1.3767 at the time of writing, up 0.19%. The Canadian dollar has hit a rough patch and is on a seven-day...

The British pound is showing little movement on Friday in what has been a very quiet week for the currency. In the European session, GBP/USD is trading at 1.3071, up 0.10% on the day and its lowest...

The US Dollar Index (DXY) is in an intriguing position after mixed price action and ahead of PPI data. The future of the dollar may be influenced by external factors like oil prices and Middle East...

This is a follow-up analysis of our prior report “GBP/USD Technical: Sterling bulls are in control” published on 27 August 2024. Click here for a recap. Since our last publication, the price actions...

The yen is calm on Thursday after sharp losses a day earlier. In the European session, USD/JPY is trading at 148.88, down 0.28%. Fed Minutes: Next Cut Will Likely be 25 bps The Federal Reserve...

GBP/USD is in uncharted territory if i may so with the pair confined to a 30 pip range since early Monday morning. Cable is notorious for its significant moves in comparison to its major counterpart,...

The Australian dollar continues to decline and is down for a fifth straight day. In the North American session, AUD/USD is trading at 0.6725, down 0.31%. The Aussie is down 2.7% in October and is...