Blogs

The Australian Dollar plunged as the local economy shed 227,000 jobs and the unemployment rate rose to a 19-year high of 7.1%.

The limited reaction to the Bank of Canada (BoC) testimony raises the scope for a larger correction in USD/CAD as the exchange rate reverses at the March low (1.3315).

The New Zealand Dollar fell after local GDP data underwhelmed Looking ahead, AUD is bracing for a key domestic jobs report – will the statistics cause selling pressure to swell?

The Dow Jones and S&P 500 stumbled ahead of Thursday’s trading session as investor appetite for risk stalls with weekly jobless claims data due for release. What’s the stock market’s next move?

Despite the fireworks in equities Gold prices have remained fairly calm over the past couple of months. Is that set to soon change?

The US Dollar continues to show encouraging signs that a potential bottoming attempt might be in play as the VIX Index, or Wall Street fear-gauge, starts to edge higher while stocks lose upward mom…

Fears for the second wave of a coronavirus pandemic keep taking over the market sentiment, as several US states like California, Oklahoma, and Texas recently reported a spike in new infections, while China has reimposed certain restrictions in Beijing like restricting travel from overseas, given the increase of cases.

Weak economic data from Aus/NZ; Confirmed new coronavirus cases again close to all-time daily high

The Pakistani Rupee continues to test important resistance and interestingly has developed a consolidated range this week.

With the global economy in a recession, which started in 2019 with a manufacturing-led contraction, magnified by the Covid-19 pandemic in 2020, Singapore remained the most competitive economy for a second consecutive year.