Bank of Canada Hikes by 50 bps and Signals Potential end to Rate Hikes
BoC Hikes by 50 bps in Potentially its Final Hike The Bank of Canada’s Governing Council voted to raise the overnight rate by 50 basis points to 4.25%, where the…
German Equities Weighed Down by Bleak Outlook
German Dax Technical Forecast: Dax 40 ends its nine-week rally as recession risks weigh on sentiment Global equities sink after China’s balance of trade contributes to grim outlook Recommended by…
Major Forex Trading Sessions from Around the World
There are three major forex trading sessions which comprise the 24-hour market: the London session, the US session and the Asian session. Each major geographic market center can exhibit vastly unique…
WTI Crude Oil Slumps to Fresh Yearly Low amid Recessionary Fears
KEY POINTS: Recommended by Zain Vawda Get Your Free Oil Forecast Most Read: Crude Oil Forecast: EU Sets Russian Oil Price Cap at $60, OPEC+ Unchanged WTI FUNDAMENTAL OUTLOOK Crude Oil remains…
British Pound (GBP) Latest – GBP/USD Steered by Renewed Dollar Strength
GBP/USD – Prices, Charts, and Analysis US Dollar recovery dents GBP/USD ahead of Central Bank meetings. Chancellor Hunt looks to improve the City of London’s competitiveness. Recommended by Nick Cawley…
The US Dollar Gripped the Ascendency as Risks of Recession Swirl. Will USD go Higher?
US Dollar, USD, DXY INDEX, Treasuries, Curve, Crude Oil, AUD/USD, GDP – Talking Points The US Dollar resumed strengthening and has consolidated so far today There appears to be a…
Australian Dollar Steady Despite GDP Disappointment. Where to for AUD/USD?
Australian Dollar, AUD/USD, RBA, CPI, Commodities, ASX 200, US Dollar – Talking Points The Australian Dollar has absorbed fundamentals factors without blinking AUD/USD remains anchored near 67 cents after the…
Key Support Zones Now in Play
S&P 500, Dow, Nasdaq Talking Points: US equities sold off today, with all of the Dow, S&P and Nasdaq moving-lower and encountering key spots of support. The Fed is in…
Gold Snaps Back, Silver Tests Key Support
Gold, Silver Talking Points: Precious metals were on a strong run last week, with Gold prices setting a fresh three month high and Silver setting a fresh seven month high.…
USD/ZAR Grinds Lower – Strong GDP Data, Dollar Weakness Lifts the Rand
USD/ZAR Talking Points South African GDP overshoots estimates despite political turmoil USD/ZAR Slides to support as Dollar weakness limits gains Fundamental data remains key for the EM (emerging market) currency…