OANDA Group
CFXS
Newsletter
Open hamburger menu

All news & analysis

Stay up-to-date with the latest market developments. Discover breaking news, in-depth analysis, expert commentary, and market insights that affects all asset classes, from forex and commodities to stocks and indices. MarketPulse news will help you stay ahead so you can make informed trading decisions.

AdobeStock_311952179-e1704307154485.jpeg
Nasdaq 100: Bullish reversal remains intact supported by positive momentum in 10-year T-Note futures
Macro factor (10-year US Treasury yield) has likely taken over the driver's seat in dictating the short to medium-term directional movements of the major US stock indices. Last Friday, 31 May key intraday bullish reversals recorded in the S&P 500, Nasdaq 100, and Dow Jones Industrial Average were led by an earlier rally in the 10-year Treasury Note futures that kickstarted in the European session. Watch the key short-term support of 18,340 on the Nasdaq 100. This is a follow-up analysis of our
03-06-2024 11:00 GMT by Kelvin Wong
AdobeStock_237774248.jpeg
EUR/USD calm as eurozone manufacturing improves
The euro has posted slight losses on Monday. EUR/USD is trading at 1.0835 in the European session, down 0.11% on the day. Eurozone manufacturing close to stabilizing The eurozone manufacturing sector is still contracting but there is light at the end of the tunnel.
03-06-2024 07:18 GMT by Kenneth Fisher
AdobeStock_553100194-2-scaled.jpeg
EUR/USD shrugs as Eurozone CPI higher than expected
The euro has  on Friday after edged higher on Friday after eurozone CPI was hotter than anticipated. EUR/USD is trading at 1.0848 in the European session, up 0.27% on the day. Eurozone inflation accelerates in April The inflation rate in the eurozone surprised the markets with a hotter-than-expected release for May.
31-05-2024 10:44 GMT by Kenneth Fisher
Canada-economy-growth-flag.jpg
Canadian dollar eyes Canadian GDP
The Canadian dollar is showing little movement on Friday, but that could change with the release of Canadian GDP and the US PCE Price index later today. USD/CAD is trading at 1.3660 in the European session, down 0.15% on the day. Canada’s economy expected to have flatlined in March Canada’s economy is expected to have remained unchanged in March, after a weak gain in February of just 0.2% m/m, which was less than expected.
31-05-2024 04:33 GMT by Kenneth Fisher
japanese-yen-jpy-usdjpy-japan.jpg
USD/JPY: JPY cross pairs may get smacked down by higher JGB yields
A further rise in the JGB yields may increase the cost of JPY-funded carry trade strategies. The pace of the JGB yield upmove has increased significantly since March-end. A lower-end offered amount of 425 billion yen for BOJ’s scheduled bond-buying programme on 31 May for JGBs with residual maturity of 5 to 10 years may see a further rally in JGB yields. Watch the key short-term resistance of 158.30 on the USD/JPY. This is a follow-up analysis of our prior report, “USD/JPY: JPY weakness is back
30-05-2024 13:34 GMT by Kelvin Wong
frozen-euro.jpg
EUR/USD climbs after US GDP, eurozone CPI next
The euro is in positive territory on Thursday. EUR/USD is trading at 1.0840 in the North American session, up 0.37% on the day. Eurozone inflation expected to tick higher to 2.5% The week wraps up with eurozone inflation on Friday.
30-05-2024 11:46 GMT by Kenneth Fisher
swiss-franc-flag.jpg
Swiss franc jumps as Swiss GDP improves
The Swiss franc has posted strong gains on Thursday after Switzerland’s GDP was hotter than expected. USD/CHF is down 0.83% on the day and is trading at 0.9056 early in the North American session.
30-05-2024 08:51 GMT by Kenneth Fisher
AdobeStock_147938531.jpeg
Euro edges lower as German inflation accelerates
The euro is quiet on Wednesday. EUR/USD is trading at 1.0840 in the North American session, down 0.14% on the day. German inflation rises to 2.4% Germany’s inflation rate rose to 2.4% y/y in May, following a 2.2% gain in each of the past two months.
29-05-2024 10:21 GMT by Kenneth Fisher
australia-map.jpg
AUD/USD yawns as CPI higher than expected
The Australian dollar is showing limited movement on Wednesday. AUD/USD is trading at 0.6647 in the European session, down 0.02% on the day at the time of writing. What will it take to shake up the Australian dollar?
29-05-2024 05:49 GMT by Kenneth Fisher
AdobeStock_113312323.jpeg
WTI Oil: On track for a potential recovery after 2-month of 12% decline
Recent additional stimulus measures from China, a reduction in elevated net long positioning from large futures speculators & an uptick in geopolitical risk premium may support higher oil prices. Watch the key medium-term support of US$78.40/US$76.60 on WTI crude oil. A break above US$81.70 may trigger a multi-week bullish impulsive upmove in WTI crude oil. This is a follow-up analysis of our prior report, “WTI Oil Technical: Approaching a key medium-term resistance, at risk of a mean reversion
29-05-2024 05:01 GMT by Kelvin Wong
Australian-Dollar-Symbol-flag-aud-aussie.jpg
AUD/USD rises after retail sales tick higher
The Australian dollar has edged higher on Tuesday. AUD/USD is trading at 0.6667, up 0.25% on the day at the time of writing. Australia’s retail sales rise 0.1%, CPI next Australian consumers remain frugal and cautious, as retail sales rose just 0.1% m/m April.
28-05-2024 10:08 GMT by Kenneth Fisher
AdobeStock_379092467-3-scaled.jpeg
USD/JPY shrugs as Japan’s inflation data a mix
The Japanese yen continues to drift and is showing little movement on Tuesday. USD/JPY is trading at 156.92, up 0.01% on the day at the time of writing. Corporate service prices jumps, BoJ core CPI dips Japanese inflation indicators have been a mix this week.
28-05-2024 05:34 GMT by Kenneth Fisher
eur-chf-euro-swiss.jpg
EUR/CHF Technical: Potential bullish impulsive moves resume
The potential upcoming interest cut on 6 June from the ECB is likely to have been fully priced in by the markets. The forward guidance by ECB officials on the timing of subsequent rate cuts is murky and the consensus forecasts for the current Eurozone core inflation deceleration trend may have plateaued in May. These factors are likely to support a further potential widening of the premium seen in the Eurozone/Switzerland 2-year sovereign bond yield spread. Watch the key medium-term support of 0
27-05-2024 12:01 GMT by Kelvin Wong
AdobeStock_5062038-scaled.jpeg
USD/JPY steady as BoJ’s Ueda urges caution
The Japanese yen has been drifting since late last week and is calm on Monday. USD/JPY is trading at 156.85, down 0.09% on the day at the time of writing. Ueda: BoJ will proceed with caution The Bank of Japan has been outlier, as it looks to raise interest rates at a time when other major central banks are aiming to cut rates as inflation falls.
27-05-2024 07:06 GMT by Kenneth Fisher
AdobeStock_88976159-1.jpeg
GBP/USD steady despite plunge in retail sales
The British pound continues to have a quiet week in which it has stayed close to the 1.27 line. GBP/USD is trading at 1.2715, up 0.13% at the time of writing in the European session. UK retail sales tumbles 2.3% UK retail spending slumped in April with a 2.3% m/m decline.
24-05-2024 08:21 GMT by Kenneth Fisher
sinking-yen-jpy-drowning.jpg
USD/JPY: JPY weakness is back in vogue at least for the short-term
The 10-year JGB yield has continued to push higher to 1% together with 3-month and 6-month overnight indexed swap (OIS) rates in Japan at 0.12% to 0.17% The JPY has failed to strengthen despite the bullish movements in JGB yields and OIS rates. Broad-based US dollar strength and the deceleration in the lagging core-core CPI inflation trend are the main drivers of short-term JPY weakness. Watch the key short-term support of 155.90 on the USD/JPY. This is a follow-up analysis of our prior report,
24-05-2024 02:17 GMT by Kelvin Wong
AdobeStock_5062038-scaled.jpeg
USD/JPY steady as Japanese PMIs mixed
The Japanese yen is slightly lower on Thursday. USD/JPY is trading at 156.70, down 0.08% on the day at the time of writing. Japan’s PMIs for April were a mixed bag and the yen didn’t show much reaction.
23-05-2024 09:15 GMT by Kenneth Fisher
1 … 55 56 57 … 277