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_88976159-1.jpeg
GBP/USD eyes retail sales
The British pound is having a quiet week and that trend has continued on Thursday . In the North American session, GBP/USD is trading at 1.2450, down 0.04%. Will UK retail sales improve? The UK release retail sales for March on Friday.
18-04-2024 11:33 GMT by Kenneth Fisher
Australian-Dollar-Symbol-flag-aud-aussie.jpg
AUD/USD steadies ahead of employment data
The Australian dollar has stabilized on Wednesday, after a 2.2% decline over the past three days. In the North American session, AUD/USD is trading at 0.62254, up 0.37% but remains close to five-month lows. Australian job growth expected to slide Australia’s employment is expected to post a small gain of 7,200 in March after a blowout gain of 116,500 in February.
17-04-2024 11:34 GMT by Kenneth Fisher
Flag_of_New_Zealand.png
NZ dollar rebounds on sticky inflation report
The New Zealand dollar has bounced back with strong gains on Wednesday, ending a nasty slide of 3.4% which started last week. In the North American session, NZD/USD is trading at 0.5907, up 0.45%. New Zealand inflation falls less than expected New Zealand’s CPI continued to ease in the first quarter but the markets were expecting more.
17-04-2024 10:16 GMT by Kenneth Fisher
AdobeStock_516162336-scaled-e1707504624775.jpeg
GBP/USD rises as UK inflation higher than expected
The British pound has rebounded after sliding 2.1% over the past week. In the European session, GBP/USD is trading at 1.2461, up 0.28%. UK inflation drops to 3.2% Inflation in the UK continues to decline but the March release was not as strong as expected.
17-04-2024 07:46 GMT by Kenneth Fisher
euro-star-coin-graph-candle.jpg
EUR/CHF Technical: Bullish exhaustion condition detected after 2-month of rallies
A bolder dovish ECB increases the likelihood of a yield premium shrinkage of Eurozone sovereign bonds over Switzerland sovereign bonds. The recent 2-month of rallies seen in the EUR/CHF have been overstretched with bearish momentum conditions flashed out. EUR/CHF is at risk of shaping a short-term mean reversion decline within a medium-term uptrend phase. Watch the 0.9755 key short-term pivotal resistance on the EUR/CHF. The recent two months of Euro strength against the CHF has led to a stella
17-04-2024 05:24 GMT by Kelvin Wong
New-Zealand-Map-flag.jpg
NZ dollar slips ahead of New Zealand inflation
The New Zealand dollar is down for a third straight day and has plunged 3.4% in less than a week. In the North American session, NZD/USD is trading at 0.5881, down 0.36%. New Zealand inflation expected to fall to 4.3% New Zealand’s inflation rate has been dropping and the trend is expected to continue on Wednesday.
16-04-2024 11:42 GMT by Kenneth Fisher
canadian-dollar-cad-loonie-flag.jpg
Canadian dollar extends losses as Canada’s inflation rises
The Canadian dollar is down for a fifth straight day and has slipped 1.9% during that time. In the North American session, USD/CAD is trading at 1.3840, up 0.37%. Canada’s inflation rises to 2.9% Canada’s inflation rate for March rose to 2.9% y/y, ticking up from 2.8% in February and above the market forecast of 2.7%.
16-04-2024 10:16 GMT by Kenneth Fisher
data-stock-market-global-equities.jpg
Currency war and geopolitical risk are deadly concoctions for risk assets
The odds have inched higher for a currency war scenario where the Chinese yuan may be weakened further to drive export growth due to its latest decelerating growth trend in China’s retail sales and persistent weak housing prices. Export-oriented countries may be forced to enact “beggar-thy-neighbour” typed monetary policies to deliberately weaken their respective currencies. A heightened currency war-liked scenario is likely to trigger another layer of US dollar strength. A persistent US dollar
16-04-2024 07:00 GMT by Kelvin Wong
scissor-jobs-cuts-slash-downsize.jpg
GBP/USD dips after weak employment data
The British pound dropped 0.30% after today’s UK employment report but has recovered most of these losses. In the European session, GBP/USD is trading at 1.2452, up 0.05%. UK job growth slides, unemployment rises The UK employment report was weaker than expected.
16-04-2024 06:10 GMT by Kenneth Fisher
AdobeStock_88976159-1.jpeg
GBP/USD eyes UK employment release
The British pound is steady on Monday. In the North American session, GBP/USD is trading at 1.2445, up 0.05%. US retail sales climb 0.7% US consumers continue to shop and spend as March retail sales was stronger than expected.
15-04-2024 11:12 GMT by Kenneth Fisher
Wall-Street.jpg
US DJIA Technical: Major US banks' Q1 earnings in the focus over adverse macro factors
Three major US banks; JPMorgan Chase, Citigroup, and Wells Fargo will report their Q1 2024 earnings results today. JPMorgan Chase is ranked 13th in terms of component weightage in the DJIA. Analysts’ Q1 earnings estimates for these three US banks have been lowered which increases the possibility of positive earnings surprises. Technical analysis suggests a potential short-term mean reversion rebound scenario on the DJIA after 10 days of decline. Watch DJIA’s key short-term support of 38,200/060.
12-04-2024 05:57 GMT by Kelvin Wong
1 … 59 60 61 … 276