Blogs

On Thursday, the European Central Bank announced that it would be increasing its special program aimed at stimulating the EU economy which has struggled as a result of the Coronavirus pandemic.

Volatility in the USD/CNH is poised to remain elevated. Early indications point towards China backing away from portions of the phase-one trade truce

Today’s US NFP report is expected to result in a volatility spike and an increase in trading volume.

A series of new economic data confirms the UK has most probably embarked on a slow path to recovery from the April lows.

New Zealand was once home to one of the highest yielding currencies and a favorite for investors seeking stable income.

The Euro has hit the stratosphere during trading on Thursday and quite frankly there really is not much showing on the chart that suggests it is ready to give up the massive rally that we have seen.

The British pound was all over the place during the trading session on Thursday, as we continue to tussle with the idea of the 200 day EMA.

The US dollar has rallied a bit against the Japanese yen during the trading session on Thursday, breaking above the ¥109 level.

The Australian dollar has gone back and forth during the trading session again on Thursday, as the market awaits the jobs figure for Friday.

The S&P 500 has initially pulled back during the trading session on Thursday, but at the end of the bell we saw the Plunge Protection Team come out and push the markets back to the upside.