Market News

Daily Finance News Update

CAD/JPY can’t break key support zone

August 24,2021 |

Risk on is still holding up which means oil is enjoying a second day of gains after yesterday’s 5.5% jump, the biggest one-day move in five months. Wi...

CAD/JPY can’t break key support zone

Weekly Timeframe Analysis: EUR/NZD and EUR/CAD bullish moves hit resistance

August 23,2021 |

While safe haven currencies were the top performers last week, EUR held up next best as investors sought some stability. But the move is not on the ba...

Weekly Timeframe Analysis: EUR/NZD and EUR/CAD bullish moves hit resistance

UK Data: GBP/USD and GBP/CHF Technical analysis

August 20,2021 |

We finish a turbulent few days with a look at GBP pairs after the UK data dump this week. Sterling has suffered and is now on a 1.7% decline amid wide...

UK Data: GBP/USD and GBP/CHF Technical analysis

USD/CAD breakout hits resistance

August 19,2021 |

A sea of red in equity markets has given a risk-off bid to safe haven assets. While high beta currencies continue to sink, dollar strength is in full ...

USD/CAD breakout hits resistance

AUD pairs caught in risk crossfire

August 18,2021 |

AUD is arguably the premier risk currency and remains offered this week for a host of reasons. Worsening sentiment in China and Asia has contributed t...

AUD pairs caught in risk crossfire

NZD crushed, RBNZ hike hopes upended

August 17,2021 |

Tomorrow’s RBNZ meeting was always going to be a seminal risk event in many ways. Markets had fully priced in the first 25bp interest rate rise by a m...

NZD crushed, RBNZ hike hopes upended

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