The Bank of Canada (BOC) is the first central bank to announce its monetary policy decision this week. The other...
[adrotate group=”3″] The EUR/USD pair trades without direction as it waits the ECB decision scheduled for Thursday. Bears attempted to...
[vc_row][vc_column][vc_column_text]The USDJPY pair is down for the second straight day. The pair is trading at 107.90, down from Friday’s open...
GBPUSD bullish setup at the 1.30 level
The EURUSD pair is little changed today as traders reflect on the upbeat manufacturing PMIs from Europe and the better-than-expected unemployment numbers from Japan. The pair is trading at 1.1242m which is higher than the intraday low of 1.1217.
[vc_row][vc_column][vc_column_text]Global stocks were in a cheerful mood this week. In Europe, the DAX index, CAC 40, and FTSE MIB had...
[adrotate group=”3″] Global stocks rose this week as investors remained optimistic about recovery of the world economy. As shown below,...
[adrotate group=”3″] The economic calendar was relatively calm this week. The only major events in it were the RBA interest...
[vc_row][vc_column][vc_column_text]The Automatic Data Processing Inc. (ADP) Employment Change data for August 2019 came in at +195,000, which beat the market...
[vc_row][vc_column][vc_column_text]Yesterday, NZDUSD dropped to is lowest level seen since 2009 at 0.6023, but its sell-off could soon be over. As...
[adrotate group=”3″] The rise of Brent crude to $51.88 on Thursday further cements the strengthening seen in oil-backed currencies such...
Amazon will report second-quarter earnings on July 30 after the closing bell. Analysts expect a strong performance as the coronavirus lockdown boosted online shopping and the cloud services