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Daily Finance News Update

Can Cable conquer 1.40?

May 05,2021 |

Will the Bank of England join the Bank of Canada in reducing its purchases of bonds, known as tapering? There is a range of opinions on the MPC meetin...

Can Cable conquer 1.40?

Technical Timeframe Analysis: USD/JPY bulls pause

May 04,2021 |

The monthly USD/JPY chart shows us that the pair has been trading in a shallow bearish channel since the highs in December 2016 at 118.66. The followi...

Technical Timeframe Analysis: USD/JPY bulls pause

Risk events aplenty this week – NFP, BoE and Canada jobs

May 03,2021 |

Dollar holds up downtrend The curious dollar-positive tone from Friday is failing to extend this week, capped in the USDX by the mid-march lows and th...

Risk events aplenty this week – NFP, BoE and Canada jobs

RBA to stand pat as AUD struggles

April 30,2021 |

Next week sees the RBA meet on May 4 followed by the Statement on Monetary Policy released on May 7. Recently, the meetings linked to the Statements h...

RBA to stand pat as AUD struggles

Technical Analysis: EUR crosses watching Friday’s data

April 29,2021 |

Eurozone economic confidence soared earlier today rising to its highest since September 2018. Thanks to the improved vaccine rollout, there was streng...

Technical Analysis: EUR crosses watching Friday’s data

Technical Analysis: JPY crosses at key levels

April 28,2021 |

JPY crosses have the propensity to move on either a consensus FOMC decision and outlook or one where Chair Powell is more hawkish than the markets thi...

Technical Analysis: JPY crosses at key levels

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