Market News

Daily Finance News Update

Technical Analysis: GBP takes a pounding

September 28,2021 |

GBP/USD sinks to eight-month lows Cable has broken recent cycle lows at 1.3571 this afternoon, falling over 1% versus the dollar. The gains it made af...

Technical Analysis: GBP takes a pounding

CAD outperforms on surging oil

September 27,2021 |

While the Evergrande story rumbles on with no definitive solution as yet, rising energy prices are grabbing the headlines. Rising gas prices are up ov...

CAD outperforms on surging oil

USD/JPY threatening new swing highs as yields rise

September 24,2021 |

The dollar is finding a bid today as it reverses its recent losses on more cautious risk sentiment. China Evergrande failed to make a coupon payment d...

USD/JPY threatening new swing highs as yields rise

Commodity currencies enjoy better risk mood, JPY suffers

September 23,2021 |

Market trends are fairly positive today as events in China look to be more constructive. Evergrande shares surged on higher volumes as Beijing tried t...

Commodity currencies enjoy better risk mood, JPY suffers

DXY near the highs, eyes Fed’s dot plot

September 22,2021 |

The broad-based rally seen in the dollar since the low earlier this month has paused over the last few sessions. This evening’s Fed meeting and press ...

DXY near the highs, eyes Fed’s dot plot

Technical Analysis: GBP/USD and GBP/JPY in the crossfires

September 21,2021 |

Softer risk tone keeps GBP/USD offered After trading down to its weakest in four weeks yesterday, GBP/USD looked to be clawing back some losses earlie...

Technical Analysis: GBP/USD and GBP/JPY in the crossfires

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