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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.

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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
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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
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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
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Canadian dollar gets spanked, BoC holds rates
The Canadian dollar is almost unchanged on Thursday, after sliding 0.8% a day earlier. In the European session, USD/CAD is trading at 1.3569, up 0.04%. BoC holds interest rates There were no surprises from the Bank of Canada, which maintained the cash rate at 5%.
11-04-2024 08:07 GMT by Kenneth Fisher
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Euro stabilizes ahead of ECB decision
The euro is steady on Thursday, after sliding over 1% on Wednesday following the hot US inflation report. In the European session, EUR/USD is trading at 1.0745, down 0.03%. ECB widely expected to hold rates The European Central Bank meets later today and is widely expected to hold the deposit rate at 4% for a fifth straight time.
11-04-2024 05:39 GMT by Kenneth Fisher
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USD/JPY Technical: Rising US Treasury-JGB yield spreads outweigh BoJ’s intervention risk
A firmer March’s US CPI has altered the relative fundamentals narrative between the US & Japan. Reduces the risk of FX intervention from Japanese authorities to prop up a weaker JPY due to the lack of supporting fundamentals. The bullish reversal seen in the 10-year yield spread of the US Treasury over JGB may act as an impetus to support further US dollar strength. Watch the next intermediate resistances of 153.50 & 154.25 on the USD/JPY. This is a follow-up analysis of our prior report,
11-04-2024 05:35 GMT by Kelvin Wong
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EUR/USD Outlook Ahead of ECB Main Refinancing Rate and Monetary Policy
Talking Points European Central Bank – ECB US Consumer Price Index – US CPI EUR/USD Technical Analysis - Weekly Chart EUR/USD has been grappling with significant pressure over the past few weeks, caught between the influence of inflation data and the ongoing speculation on the USA and Euro Zone interest rate paths. Since January 1st, 2024, the pair has been trading within a range as high as 1.1000 and as low as 1.0700.
11-04-2024 00:07 GMT by Moheb Hanna
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Australian dollar slides on hot US inflation report
The Australian dollar has declined sharply on Wednesday. In the North American session, AUD/USD is trading at 0.6515, down 1.7%. US inflation higher than expected at 3.5% The US consumer price index has accelerated for a second straight month.
10-04-2024 11:36 GMT by Kenneth Fisher
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Canadian dollar calm ahead of BoC decision
The Canadian dollar is slightly lower on Wednesday. In the European session, USD/CAD is trading at 1.3559, down 0.09%. Bank of Canada expected to stay pat The Bank of Canada is widely expected to hold the cash rate at 5.0% at today’s meeting.
10-04-2024 07:33 GMT by Kenneth Fisher
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NZ dollar rises as RBNZ pauses
The New Zealand dollar has extended its gains on Wednesday and is higher for a third straight day. In the North American session, NZD/USD is trading at 0.6074, up 0.24%. RBNZ holds rates, says economy weak There was little drama from the Reserve Bank of New Zealand’s meeting on Wednesday, as the decision to pause was widely expected.
10-04-2024 05:12 GMT by Kenneth Fisher
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NZ dollar climbs ahead of RBNZ rate decision
The New Zealand dollar has posted considerable gains on Tuesday. In the North American session, NZD/USD is trading at 0.6065, up 0.54% and its highest level since March 21. RBNZ widely expected to hold cash rate The Reserve Bank of New Zealand meets early on Wednesday and it’s practically a given that it will hold the cash rate at 5.5%.
09-04-2024 09:23 GMT by Kenneth Fisher
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