Market News

Daily Finance News Update

USD/CAD bearish breakout moves down through support

March 30,2022 |

Firmer energy prices and low volatility in equity markets are helping to support the loonie. The former especially is a tailwind going forward, even w...

USD/CAD bearish breakout moves down through support

Tesla drives S&P500 advance as volatility drops

March 29,2022 |

The last week of March kicked off with another whippy but positive day in US stock markets. The three main sectors that are in the green for the year ...

Tesla drives S&P500 advance as volatility drops

Cable tumbles below December support towards 1.30

March 28,2022 |

The last week of the month has kicked off with another big move in yen pairs. The major hit 125 and has pulled back after the BoJ intervened in bond m...

Cable tumbles below December support towards 1.30

Overbought GBP/JPY pulls back after breaking above 161

March 25,2022 |

Yen crosses have been in focus this week. Weakness in JPY has seen some pairs make new record straight day gains and multi-year highs, especially agai...

Overbought GBP/JPY pulls back after breaking above 161

CAD/CHF potential breakout may hit a strong zone of resistance

March 24,2022 |

There is much attention on the exceptionally extended selloff in the yen this week. The record number of up days in CAD/JPY is showing no end in sight...

CAD/CHF potential breakout may hit a strong zone of resistance

AUD/USD upside break targets 0.75

March 23,2022 |

Rising inflationary pressures are putting added demands on central banks to raise rates sooner and more than previously forecast. This points to an ea...

AUD/USD upside break targets 0.75

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