Daily Pivots: (S1) 1.4322; (P) 1.4357; (R1) 1.4412; More… Range trading continues in USD/CAD and intraday bias remains neutral. Further rise is expected as long as 1.4260 support holds. Break of 1.4516 will resume larger Read more…
The forex markets remain unusually quiet today, with Dollar staying soft despite multiple attempts to rebound. The greenback has only managed meaningful gains against the weaker Yen and the struggling Canadian Dollar, while failing to Read more…
Gold prices surged past 2750 mark this week, supported largely by a weaker Dollar. The overall market sentiment is on a relatively calmer backdrop, with US President Donald Trump’s decision to delay tariff implementations contributed Read more…
Japan recorded a trade surplus of JPY 130.9B in December, the first surplus in six months, driven by a 2.8% yoy rise in exports to JPY 9.91T. Imports also jumped, rising 1.8% yoy to JPY Read more…
US equities were boosted by strong earnings and Trump’s AI push. Technology stocks led the rally, this time, and pushed Nasdaq 100 1.33% higher, the S&P500 hit a fresh intraday record high while gains in Read more…
In focus today Markets remain closely focused on President Trump’s actions during this first week of his presidency. He is expected to issue several executive orders building on his current momentum, leading to US news Read more…
Key Highlights GBP/USD started a recovery wave from the 1.2100 zone. A major bearish trend line is forming with resistance at 1.2400 on the 4-hour chart. EUR/USD extended its recovery above the 1.0400 resistance. Gold Read more…
The EURGBP exchange rate remained steady earlier despite the release of UK labor market data. While wage growth (excluding bonuses) came in slightly higher than expected, the more critical month-on-month rise in private sector pay, Read more…
New Zealand’s inflation data for the fourth quarter was released overnight, showing the headline CPI remained steady at 2.2%, slightly higher than the expected 2.1%. However, the non-tradable inflation index, which is closely watched, dropped Read more…
Social Security payments have been helping seniors supplement their retirement income since the Social Security Administration was created in 1935. With the decline of employer pension plans, workers have become increasingly responsible for building their Read more…