Market News

Daily Finance News Update

Buy the dip?

July 20,2021 |

The US has opened and the dip buyers are back in. US stocks are higher and Treasury yields have rebounded. Feels like a classic “turnaround Tuesday”? ...

Buy the dip?

USD/CAD explodes higher

July 19,2021 |

The loonie is the weakest major currency on the board today, hit by plunging crude and stocks. Any positives for CAD – like positive vaccination news ...

USD/CAD explodes higher

AUD/NZD pulls back from breakdown

July 16,2021 |

The standout major currency performer today is NZD on the back of sizzling inflation data overnight which accelerated to 3.3% in the second quarter th...

AUD/NZD pulls back from breakdown

GBP/USD building a base

July 15,2021 |

Solid UK job numbers briefly sent the pound higher this morning. Unemployment claims fell in June while wages were up strongly in May with the 7.3% ga...

GBP/USD building a base

USD v safe havens – who wins?

July 14,2021 |

There’s been a lot of event risk this week with bumper US inflation data vying with central bank hawkish surprises, progress on the US infrastructure ...

USD v safe havens – who wins?

NZD/USD bounces off major support zone, RBNZ next up

July 13,2021 |

NZD/USD has a lot to contend with right now. A much stronger than expected US inflation report is challenging the Fed’s view that rising price pressur...

NZD/USD bounces off major support zone, RBNZ next up

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