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<p>The European Central Bank is widely expected to announce a ramping up of its pandemic emergency purchase program (PEPP) on Thursday at 11:45 GMT as the Eurozone economy slowly emerges from weeks of lockdown. But as the euro rallies on the prospect of a double dose of fiscal and monetary stimulus, a smaller-than-anticipated increase in [&he

<p>USDCAD extended Monday’s losses and is currently trading not far above a two-month low of 1.3491 hit earlier today. The strong bearish rally started has been evolving since April 21. However, the momentum indicators are suggesting a possible pullback in the very short-term. The stochastic oscillator is creating a bullish crossover in the o

<p>Stocks focus on China purchases and not protests, Oil rises as Russia open to 1-month cut extension, Gold steady, Bitcoin pops past $10K US equities advanced higher after Chinese firms continued to purchase US soybeans, alleviating concerns that China was halting US agricultural imports. Stock optimism is not going away as pandemic concern

<p>The S&P 500 futures remain on the upside after they managed to close higher yesterday, as investors focused on signs of U.S. economic recovery and shrugged off violent protests across the country as well as rising U.S.-China tensions. This morning, China Foreign Minister said he had no information on soybean purchase halt. No major ec

<p>The Euro extends advance into sixth straight day on Tuesday and cracked key Fibo barrier at 1.1166 (61.8% of 1.1494/1.0635) to post new 2 1/2 month high at 1.1187. Weak dollar and growing risk mode keeps the single currency inflated and bulls look for today’s close above 1.1147 (27 Mar former high) and1.1166 Fibo level […]

<p>The US Dollar has declined by 1.52% against the Swiss Franc since last week’s trading sessions. The currency pair tested the lower boundary of a descending channel pattern at 0.9580 on June 1. All things being equal, the USD/CHF exchange rate could make a retracement towards the 0.9680 during the following trading sessions. However,

<p>The Eurozone single currency surged by 4.17% against the British Pound during last month’s trading sessions. The currency pair tested the 0.9050 area on May 29. After the exchange rate breached the 0.9050 level, sellers took control of the market. Most likely, the EUR/GBP pair will continue to edge lower during the following trading

<p>Yesterday, the Institute for Supply Management’s Manufacturing Purchasing Mangers’ Index climbed to 43.1 in May (vs 41.5 in April) showing the contraction of factory activity was slowing. The Markit U.S. Manufacturing Purchasing Managers’ Index posted 39.8 in May (vs 36.1 in April). Construction Spending declined only 2.9

<p>Bitcoin has staged a powerful upside rally towards the $10,400 area, following a breakout above the $10,080 resistance level earlier this morning. The BTCUSD pair has staged a strong technical correction and could now test the $9,800 level before pushing higher again. Overall, the BTCUSD pair could still advance towards the $11,600 level o

<p>The euro currency is continuing to lose upside momentum against the US dollar, as the pair struggles to move past the 1.1150 resistance level. A breakout below the 1.1100 level exposes further losses towards the 1.1060 and possibly the 1.1020 level. EURUSD traders may also start to book profits due to the upcoming European Central [&hellip