Market News and Analysis Archive

Jul

Core PCE Price Index, Consumer Spending, UoM Consumer S...

The dollar showed little change against most major currencies on Thursday, with the dollar index (USDX) trading within a tight range between levels 103.85 and 104.31 since the begi...

26/07/2024 - 07:45 UTC

Oil, Gold, Dow wobbled on hopes & hypes of Gaza war cea...

· Also hotter than expected US GDP and core deflator data may support the Fed's stance of wait & watch till Dec’24 Oil stumbled over -6% in July (till date) on hopes & hop...

25/07/2024 - 08:00 UTC

Jul

U.S. Advance GDP, U.S. Unemployment Claims, U.S. Durabl...

The dollar slipped against most major currencies on Wednesday, continuing a downward trend from the previous session, with the dollar index (USDX) down by 0.08%. Growing expectatio...

25/07/2024 - 07:58 UTC

Jul

German, U.K. and U.S. Flash Manufacturing and Services,...

The dollar showed little volatility on Tuesday, with the dollar index (USDX) hovering around the 104.2 mark as uncertainty over the U.S. presidential race and anticipation of inter...

24/07/2024 - 07:46 UTC

Wall Street tumbled on subdued tech earnings and hotter...

· Overall, S&P PMI and retail sales data indicate upbeat economic activities and hotter RM cost pressure, which may cause slower disinflation in Q3 On Monday, Wall Street ...

23/07/2024 - 22:00 UTC

ECB may not cut again in Sep’24; has to follow Fed from...

· EURUSD was also supported by the unexpected election win (final round) by the Macron-led center-left alliance in France against far-right Le Pen On 18th July, some focus...

23/07/2024 - 18:30 UTC

Jul

EU Consumer Confidence, Existing Home Sales, Richmond M...

The dollar held up strongly against most major currencies on Monday, with the dollar index (USDX) trading in a tight range between levels 103.9 and 104.16 for the past two sessions...

23/07/2024 - 08:17 UTC

Gold and Dow slid on fading hopes of a Trump 2.0 Trifec...

· After Biden’s pre-mature exit from the White House race, techs recovered on fading concern of an imminent AI tech restriction on China · Unlike ailing & senile Bi...

22/07/2024 - 17:00 UTC

Using Heikin Ashi Candles - Heikin Ashi Candlestick Pat...

Candlestick charts tell you plenty of useful information about what prices did during a trading session. They tell you where prices started off, the high and low points they touche...

22/07/2024 - 08:24 UTC

Jul

In the week ahead: BOC Rate Statement, U.S. GDP, Core P...

The U.S. dollar gained for a second session against most major currencies on Friday, with the dollar index (USDX) extending its rally above the 104.0 mark to end the week 0.31% hig...

22/07/2024 - 07:55 UTC

Nifty soared on hopes of a blockbuster budget but stumb...

· After the budget, the focus may be on state elections; if Modi loses badly, then he may have to exit gracefully by Dec’25 on the 75-yrs age retirement policy in the BJP ...

21/07/2024 - 10:15 UTC

Gold, Dow, Bonds stumbled on hawkish Fed talks; techs t...

· Trump may face hurdle in election as ailing & senile Biden set to exit the race, paving the way for younger/smarter/experienced VP Harris to fight · Fed will scru...

19/07/2024 - 16:20 UTC

Jul

U.K. and Canada Retail Sales, FOMC Members Williams and...

The U.S. dollar gained against most major currencies on Thursday recovering most of Wednesday’s losses, with the dollar index (USDX) extending its rally early on Friday to break ab...

19/07/2024 - 07:50 UTC

Nasdaq plunged on the concern of tech restrictions on C...

· At TTM EPS around $191 and recent high 5700, S&P-500 TTM PE is now almost around 30; at extreme bubble zone on hopes & hypes of Trump & Fed stimulus Wall Street was trad...

18/07/2024 - 15:50 UTC

Jul

ECB Interest Rates, U.S. Jobless Claims, Philly Fed Man...

The U.S. dollar fell for yet another session on Wednesday, with the dollar index (USDX) down by 0.47%, breaking below the tight range seen in the last few sessions and hitting leve...

18/07/2024 - 07:55 UTC

Dow, gold soared on hopes of rate & tax cut stimulus in...

· Trump 2.0 may continue all aspects of TCJA-2017 with additional corporate & middle-class tax cut · Fed may start 11 QTR rate cuts cycle from Dec/Sep’24 · ...

17/07/2024 - 15:45 UTC

Jul

U.S. Building Permits, Industrial Production, FOMC Memb...

The U.S. dollar was almost unchanged against most major currencies on Tuesday, with the dollar index (USDX) down by 0.03%, fluctuating within a tight range between levels 103.71 an...

17/07/2024 - 07:57 UTC

Gold slip on less dovish Powell talks and hotter retail...

· Powell indicated despite some progress, the Fed needs to have more confidence in Q3 for the pace of disinflation; the Fed may not cut from Sep’24 · Wall Street su...

16/07/2024 - 14:00 UTC

Top 10 Most Valuable Currencies in the World in 2024

16/07/2024 - 08:44 UTC

Jul

U.S. Retail Sales, Canada CPI, FOMC’s Kugler Speaks

The U.S. dollar was trading between gains and losses against most majors in the last past few sessions, with the dollar index (USDX) showing little movement, fluctuating within a t...

16/07/2024 - 07:22 UTC

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The news and analysis archive

See what you've missed and make informed trading decisions.

Core PCE Price Index, Consumer Spending, UoM Consumer S...

Oil, Gold, Dow wobbled on hopes & hypes of Gaza war cea...

U.S. Advance GDP, U.S. Unemployment Claims, U.S. Durabl...

German, U.K. and U.S. Flash Manufacturing and Services,...

Wall Street tumbled on subdued tech earnings and hotter...

ECB may not cut again in Sep’24; has to follow Fed from...

EU Consumer Confidence, Existing Home Sales, Richmond M...

Gold and Dow slid on fading hopes of a Trump 2.0 Trifec...

Using Heikin Ashi Candles - Heikin Ashi Candlestick Pat...

In the week ahead: BOC Rate Statement, U.S. GDP, Core P...

Nifty soared on hopes of a blockbuster budget but stumb...

Gold, Dow, Bonds stumbled on hawkish Fed talks; techs t...

U.K. and Canada Retail Sales, FOMC Members Williams and...

Nasdaq plunged on the concern of tech restrictions on C...

ECB Interest Rates, U.S. Jobless Claims, Philly Fed Man...

Dow, gold soared on hopes of rate & tax cut stimulus in...

U.S. Building Permits, Industrial Production, FOMC Memb...

Gold slip on less dovish Powell talks and hotter retail...

Top 10 Most Valuable Currencies in the World in 2024

U.S. Retail Sales, Canada CPI, FOMC’s Kugler Speaks

Want to learn more about CFD trading?