Latest Market News 2024

NZD/USD intensifies on Chinese inflation and trade data. Chinese CPI year-over-year fell by 0.3%. Meanwhile, the monthly figure eased to 0.1%. Chinese Trade Balance USD increased to $75.34B in December and the […]
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Date : 12 Jan,2024
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NZD/USD scales higher for the second straight day and is supported by a combination of factors. Expectations for additional stimulus from China boosts antipodean currencies, including the Kiwi. The Fed rate uncertainty […]
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Date : 12 Jan,2024
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USD/JPY retreats after rejecting the 50-Day Moving Average at 146.41 on Thursday. Economists at Société Générale analyze the pair’s technical outlook. Break above 146.60/147.40 essential for confirming extension in rebound USD/JPY rebounded sharply […]
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Date : 12 Jan,2024
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GBP underperforms after mixed GDP data for November. Economists at Scotiabank analyze Cable’s outlook. Intraday support is 1.2690/1.2700 UK November GDP rose a stronger than expected 0.3% MoM but fell slightly more than forecast […]
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Date : 12 Jan,2024
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GBP/USD trades strongly for the third consecutive day on Friday. The BOE may be forced to provide the timeline of its first rate cut as inflation might decline faster than expected. The […]
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Date : 12 Jan,2024
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EUR/USD drifts lower. Economists at Scotiabank analyze the pair’s outlook. Technicals point to more softness ahead EUR/USD looks vulnerable to renewed softness in the near term if or when markets begin to […]
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Date : 12 Jan,2024
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  EUR/USD falls sharply below 1.0950 on deepening geopolitical tensions. Fears of widening conflicts in Middle East region have improved the safe-haven appeal. The ECB is not required to raise interest rates […]
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Date : 12 Jan,2024
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USD/CHF trades with a negative bias for the second straight day amid a softer USD. The Fed rate-cut uncertainty might hold back traders from placing directional bets. A positive risk tone could […]
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Date : 11 Jan,2024
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USD/CHF faces challenges as investors price in the Fed rate cuts. MACD indicator suggests the subdued momentum in the pair. A fall below the 0.8500 level could lead the pair to revisit […]
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Date : 11 Jan,2024
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USD/CAD drifts lower for the second straight day and is pressured by a combination of factors. An uptick in Oil prices underpins the Loonie and weighs on the pair amid subdued USD […]
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Date : 11 Jan,2024
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