Market News

Daily Finance News Update

Commodity currencies consolidate near lows

November 30,2021 |

AUD/USD clings to support around August lows The aussie, like all risky, high yielding currencies has endured a lengthy losing streak in recent weeks....

Commodity currencies consolidate near lows

Modest EUR/USD rebound is not convincing

November 29,2021 |

It’s obviously unwise to be putting a lot of risk to work in the current environment. We are back to being amateur epidemiologists, or more likely wat...

Modest EUR/USD rebound is not convincing

JPY pairs plunge amid holiday-thinned liquidity

November 26,2021 |

Safe havens are soaring and risk assets tanking on Black Friday. It’s an early close in the US for major markets so volumes are less than normal as tr...

JPY pairs plunge amid holiday-thinned liquidity

AUD/CAD and GBP/CAD near key support

November 25,2021 |

With oil prices stabilising, CAD has enjoyed a better week. The Bank of Canada’s relatively hawkish outlook also bodes well for more gains further out...

AUD/CAD and GBP/CAD near key support

USD/JPY makes fresh highs into Thanksgiving

November 24,2021 |

The dollar is powering higher this morning, especially against low yielding currencies like JPY and CHF. We get a deluge of US data today ahead of the...

USD/JPY makes fresh highs into Thanksgiving

25bp or 50bp? NZD awaits rate hike at RBNZ meeting

November 23,2021 |

Volatility is expected overnight in the kiwi when the RBNZ meet to raise rates for a second consecutive time. A 25bp hike is baked in which would take...

25bp or 50bp? NZD awaits rate hike at RBNZ meeting

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