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Daily Finance News Update

EUR holds above 1.16 ahead of a neutral ECB

October 27,2021 |

Among a phalanx of central bank meetings this week, the ECB gather tomorrow with no policy changes forecast. Since the last meeting in September, glob...

EUR holds above 1.16 ahead of a neutral ECB

CAD rally stalls ahead of a tapering BoC

October 26,2021 |

The Bank of Canada is widely expected to taper its weekly bond purchases from C$2bn to C$1bn at its first in-person meeting on Wednesday since the pan...

CAD rally stalls ahead of a tapering BoC

GBP crosses at pivotal points

October 25,2021 |

GBP/CAD consolidation around 1.70 Since topping out around the 1.76 barrier through the summer on a few occasions, GBP/CAD has fallen sharply through ...

GBP crosses at pivotal points

AUD pauses for breath ahead of 200-day SMA

October 22,2021 |

The aussie has been enjoying October as the commodity currency rally has reinvigorated the bulls. Improved risk sentiment is also supporting AUD, alth...

AUD pauses for breath ahead of 200-day SMA

Overbought NZD/USD hits resistance and stalls

October 21,2021 |

The Kiwi is the top performing major in October due to the buoyant risk mood and rising inflation expectations. A hawkish central bank also helps with...

Overbought NZD/USD hits resistance and stalls

Technical Analysis: EUR/USD and USD/CHF

October 20,2021 |

EUR/USD long-term downtrend still intact With the dollar on the defensive this week, the EUR rally yesterday extended to resistance at the August low ...

Technical Analysis: EUR/USD and USD/CHF

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