Blogs

Australian construction and service sector data showed deep recessionary readings, but retail sales for February came in better than expected.

New Zealand’s Finance Minister Robertson warned the economic fallout from Covid-19 will by far surpass that of the 2008 global financial crisis.

The S&P 500 had a wild session during the day on Thursday, as it initially looked like we were going to fall apart after the initial jobless claims

The British pound has rallied a bit during the trading session on Friday to show signs of strength before turning around to form a shooting star like candlestick.

The Australian dollar has gone back and forth during the trading session on Thursday and what could best be described as choppy and pointless trading.

The Euro broke down rather significantly during the trading session on Thursday, reaching towards the 1.08 level, an area that I had suggested that could be targeted.

The US dollar has rallied against the Japanese yen during the trading session on Thursday, breaking much higher after getting horrific initial jobless claims.

The FTSE 100 initially tried to rally during the trading session in the futures market on Thursday but as you can see the 5500 level has caused enough resistance

The USD/INR currency pair is one that does tend to trend for very long moves. We have recently seen the US dollar rally significantly towards the ₹77 level,

Silver markets rallied a bit during the trading session on Thursday as initial jobless claims in the United States came out extraordinarily negative.