Global risk appetite is rising, and that is bad news for the safe-haven US Dollar and good news for currency pairs such as GBP/USD, AUD/USD and NZD/USD.
The British Pound moved to higher ground in Asia today as several Bank of England speakers spruiked inflation wariness. Can it break more resistance levels?
Stock markets may be vulnerable to political volatility as China flexes its military might against Taiwan ahead of the Biden-Xi summit. Will reconciliation yield to rockets?
Gold prices are under pressure after China growth slowed and New Zealand inflation surged, with investors pricing in more aggressive central bank policy outlooks, which is supporting bond yields.
The New Zealand Dollar made new highs against the Japanese Yen but remained in a range trading environment against the Swiss Franc. Will NZD/CHF make new highs?
The Dow Jones fell as a drop in crude oil might have sent investors into the Nasdaq 100. The ASX 200 may rise after the RBA minutes reiterated the central…
The Australian Dollar may remain under pressure as APAC traders digest prevailing risk trends and economic growth fears. RBA minutes are in focus against an otherwise light economic docket.
Swiss Franc pairs are on the move as AUD/CHF and NZD/CHF remain on breakout watch. These are the near-term technical levels that matter for AUD/CHF, NZD/CHF, EUR/CHF.
After a weak open, the S&P 500 and Nasdaq 100 reversed losses and moved up, gaining ground for the 4th consecutive day ahead of key earnings that could be pivotal…