In focus today Today, we should finally get actual numbers on China’s fiscal stimulus as the meeting in the Standing Committee of the National People’s Congress ends. In the US, the University of Michigan’s flash consumer sentiment survey is due for release. Economic and market news What happened yesterday In the US, the Fed unanimously […]
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GBPJPY retreats somewhat, but broader picture remains positive Momentum oscillators suggest declines GBPJPY retreats after several attempts to touch the 200.00 round number, but the short-term bias remains positive. From a technical perspective, there is Read more…
US President-elect Trump’s proposed policies may trigger a further upside movement on longer-term US Treasury yields. A break above the 4.49% on the US Treasury yield may see a further potential rally towards 5.20%. A further Read more…
The Canadian dollar has steadied on Friday after a roller-coaster week. In the European session, USD/CAD is trading at 1.3889 at the time of writing, up 0.22% on the day. Canada’s job growth expected to Read more…