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AUD/USD Sinks as China Suspends Economic Talks with Australia, Will Support Break?

Posted by By 06/05/2021Posted inForex
The Australian Dollar fell as China’s NDRC suspended economic talks with Australia ‘indefinitely’, risking escalating tensions. AUD/USD remains glued to risk trends ahead of the US jobs report.
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Bitcoin Rebounds Back Towards $60K, Dogecoin Continues its Upward Surge

Posted by By 06/05/2021Posted inForex
Bitcoin prices may continue to recover lost ground in the coming days on the back of US bank adoption, while Dogecoin could drift lower ahead of Tesla CEO Elon Musk’s…
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S&P 500 Index May Lead Nikkei 225 and ASX 200 Higher Amid Reflation Theme

Posted by By 06/05/2021Posted inForex
The S&P 500 index edged marginally higher as traders continued to rotate out from growth and into value stocks on reflation hopes. APAC markets are poised for a mixed start…
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New Zealand Dollar Analysis: NZD/USD Energy Builds After Positive Economic Data

Posted by By 05/05/2021Posted inForex
NZD/USD momentum appears primed to continue following an upbeat building permits figure showing a 17.9% month-over-month rise for March.
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Crude Oil Price Outlook: WTI Peels Back from Year-to-Date Highs

Posted by By 05/05/2021Posted inForex
Crude oil price action is struggling to take out technical resistance near the $66.00-handle as India, the world's third largest oil importer, grapples with a worsening covid-19 outbreak.
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USD/BRL Points Lower as Brazil's Central Bank Raises Selic Rate to 3.5%

Posted by By 05/05/2021Posted inForex
In a widely expected move, the Brazilian Central Bank increased the Selic rate by 75 basis points to 3.5% as the country looks to combat hotter than expected inflation.
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Stock Market Forecast for the Week Ahead: Reflation Trade Reignited

Posted by By 05/05/2021Posted inForex
Equity traders have had their hands full this week as they juggle various influencers ranging from macroeconomic themes, seasonality and earnings season. Amidst the chaos, a popular trade has retur...
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Three Women Leaders Changing Finance, Economics and Business

Posted by By 05/05/2021Posted inForex
To mark International Women’s Day on March 8, we are highlighting three women leaders who are steering financial, economic and business organizations through unprecedented change.
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AUD/USD Tracks 50-Day SMA Ahead of RBA Statement on Monetary Policy

Posted by By 05/05/2021Posted inForex
AUD/USD continues to bounce along the 50-Day SMA (0.7707) ahead of the RBA Statement on Monetary Policy amid the failed attempt to test the March high (0.7849).
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Dogecoin: Doge Jumps Ahead of Elon Musk's SNL Appearance

Posted by By 05/05/2021Posted inForex
The Tesla Technoking has an appearance on SNL this weekend, and this may be helping to drive the massive breakout in the meme coin, Dogecoin.
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