As shown by the Nikkei 225 (Japan 225 on FXOpen) chart: → In less than a month, the index price has dropped by more than 25%, providing grounds to suggest the start of a bear Read more…
EUR/GBP – strong three day rally (the cross was up 2.1%) started to lose traction after hitting fresh high of nearly three months on Monday (0.8596). Overbought daily studies warn of partial profit taking following Read more…
The Japanese yen continues its recovery rally. The USDJPY pair falls to 143.38 on Monday. This development is likely only the midpoint of the process as the market regains past losses and brings the JPY Read more…
Global markets extend losses, Nikkei plummets, Nasdaq 100 enters correction territory. Selloff attributed to recession fears, profit-taking, and geopolitical tensions. Goldman Sachs raises recession odds, Australian government increases terrorism threat level. Nasdaq 100 technical analysis Read more…
The Australian dollar has taken a nasty spill to start off the trading week. AUD/USD dropped as much has 2.5% in the Asian session and fell to its lowest levels since November 2023. The Aussie Read more…
Nvidia shares tumbled in early Monday trading, extending the stock’s one-month decline to around 23%, amid a major pullback in global tech stocks and reports of a delay in the delivery of its newly-designed AI Read more…
Check back for updates throughout the trading day U.S. equity futures plunged lower Monday, while safe-haven Treasury bonds rallied and oil prices slumped to multi-month lows, amid a global market rout tied to recession fears, Read more…
Market in crisis mode after Friday’s US labour report An RNBZ rate cut could be on the cards if data weakens China’s problems hamper progress in the region Kiwi in desperate need of good data Read more…
Gold is lower today, but close to recent highs Geopolitics and dollar underperformance support gold Momentum indicators are tentatively bullish Gold is trading lower again today, recording its third consecutive red candle, but remaining a Read more…
USDJPY fell sharply overnight, hitting the lowest since early January, extending steep bear-leg off 155.21 lower top into fifth consecutive day. The pair was down 3.3% in Asian session on Monday, remaining under increased pressure Read more…