Forex

Chris, Victor and Dan Ives explore experiences in past downturns, fears regarding China's lockdowns and the global supply chain, and the future of tech stocks.

The US Dollar (via the DXY Index) is slowly erasing losses from earlier in the week.

Crude oil prices continue to trade back and forth within their two-month range.

New Zealand Dollar is attempting to snap a seven-week losing streak after rebounding off key technical support. The levels that matter on the NZD/USD weekly chart.

Canadian Dollar counter-offensive took a leg lower today with USD/CAD now testing a key pivot zone at uptrend support. Levels that matter on the near-term Loonie charts.

After Tuesday’s strong rally, GBP/USD tanks, but the move could be temporary as the UK’s four-decade high inflation could end up producing a more aggressive tightening response from the BoE.

U.S. stocks are in bounce mode, but that looks like all it is before at some point in the not too distance future we will see selling pick up again.

Canadian inflation data came in hotter than expected for April, which could force the BoC to become even more hawkish in the months ahead.

The SARB’s monetary committee attempts to strike the perfect balance between calming inflation while supporting the weakened local economy in tomorrow’s rate decision

The Euro continues to probe the important 1.05 level against the US dollar despite recent talk from one ECB hawk that an out-sized 50 basis point rate hike is possible…