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Stocks are set to rise while the dollar may stumble as the US Retail Sales smashed expectations by rising by 17.7%, doubling the expectations, FXStree

Major equity indexes in the US opened sharply higher on Tuesday with the upbeat US data fueling the risk rally. As of writing, the S&P 500, which was

The NZD/USD pair struggled to capitalize on its intraday bounce of around 55-60 pips and remained below the key 0.6500 psychological mark through the

Shares of Aurora Cannabis Inc. (ACB) are trading on a firmer note on Tuesday and are approaching the key barrier at $14.00. In fact, the pot-company i

Industrial Production in the US expanded by 1.4% on a monthly basis in May, the data published by the Federal Reserve showed on Tuesday. This reading

<p><strong>The Dollar</strong> rose following the better industrial production figures and Retail sales, leaving EURUSD at session lows of 1.1268 from 1.1285, and USDJPY at session highs of 107.51 from 107.45.</p> <p><span><strong>US industrial production rebounded 1.4% in May</strong>, shy of expecta

<p>The Fed’s commencement of its corporate bond buying program, along with reports that the Trump administration is planning a $1 tln fiscal stimulus program, injected some optimism back into global markets, which in turn led to higher Stock market, Oil prices and higher commodity currencies, including the Canadian Dollar.</p> <

<h3>UK100, H1</h3> <p>European stock markets rallied as risk appetite returns. GER30 and UK100 posted gains of 2.6% and 2.5% respectively earlier, after a broad move higher in Asia overnight. However, both have cooled from day highs amid news of continued friction between North &amp; South Korea and reports from India saying t

<p>In the foreign exchange market, after the dollar index rebounded to a maximum of 97.35 on the day, the bulls’ momentum weakened and closed at 96.57.</p> <p>Boosted by the weakening of the US dollar, non-US currencies basically performed well. The euro/dollar recorded a rebound of more than 0.8% to 1.1324; the GBP/USD rebo