Category: Investments

Dollar and safe havens shine; loonie amongst the few winners The US dollar is storming higher today, heavily supported by surging Treasury yields, as markets seem to be pricing in four rate hikes by the Fed in Read more…

Daily Pivots: (S1) 114.29; (P) 114.47; (R1) 114.79; More… Further rise could be seen in USD/JPY as rebound from 113.47 might extend. But we’re not expecting a break of 116.34 for now. Instead, the corrective Read more…

Daily Pivots: (S1) 0.9124; (P) 0.9141; (R1) 0.9161; More…. Intraday bias in USD/CHF remains neutral first. On the downside, firm break of 0.9084 support will argue that choppy rise from 0.8925 has completed. Fall from Read more…

Daily Pivots: (S1) 1.1387; (P) 1.1410; (R1) 1.1429; More… Outlook in EUR/USD is unchanged and intraday bias remains neutral first. Rebound from 1.1185 is seen as a corrective move. Above 1.1482 will extend the rebound Read more…

Fed fears return as oil hits a 7-year high, prompting a selloff in tech stocks. US futures Dow futures -0.9% at 35607 S&P futures -0.99% at 4614 Nasdaq futures -1.43% at 15350 In Europe FTSE Read more…

Daily Pivots: (S1) 1.3624; (P) 1.3657; (R1) 1.3676; More… GBP/USD’s pull back from 1.3748 extended lower today but stays above 1.3489 support. Outlook is unchanged and intraday bias remains neutral first. Downside of retreat should Read more…

Stocks markets are turning back into risk off mode with US futures pointing to sharply lower open. Yen managed to reverse earlier losses and trading generally higher. Canadian Dollar is also firm as supported by Read more…