Blogs

Hong Kong's Hang Seng Index remains under pressure as the Asian financial hub's previous political headwinds are set to return. This comes after a brutal Q1 GDP reading amid the COVID-19 pandemic, …

Bitcoin bulls have been waiting for drivers and another may have just appeared as one of the most widely-followed market technicians voiced support for cryptocurrencies in a note earlier today.

The US Dollar came under heavy pressure in Tokyo trade as FX trades await the release of US labor data, specifically, April's Non-Farms Payroll Report.

Retail traders have pushed equity markets off of the March low, but trading volume remains thin, implying institutional capital is in a holding pattern on the sideline.

Switzerland reported an increase in its unemployment rate to 3.3% for April, which rose to 3.4% at the beginning of May.

Oil prices rebounded significantly from record lows, adding a minor catalyst to the Canadian Dollar, which is dependent on the energy sector.

Australia and New Zealand are partially easing their lockdown measures, with new Covid-19 infection rates well-below their counterparts in the developed world.

The British pound has been all over the place during the Thursday session, as the Bank of England chose not to do anything during this announcement cycle.

The Euro pulled back a bit during the trading session on Thursday, reaching towards the 1.0750 level.

The Australian dollar has rallied rather significantly during the trading session on Thursday after initially dropping down towards the 50 day EMA.