Market Insights

Governor Macklem impacts the loonie
Market Insights
Governor Macklem impacts the loonie
The loonie was trading in a bullish trend that was stopped at a strong resistance level 1.3755. This upward dynamic lost momentum...
Gold trades in a narrow range ahead of NFP
Market Insights
Gold trades in a narrow range ahead of NFP
Gold is consolidating in a narrow range as eyes are shifted to NFP data. The weak performance of the USD during the previous sessions as a result of...
USDJPY ahead of NFP
Market Insights
USDJPY ahead of NFP
The pair is consolidating awaiting new drivers that will direct its trend. It is trading in a mixed dynamic ahead of the NFP report tomorrow.
Will the EURUSD stay in parity?
Market Insights
Will the EURUSD stay in parity?
EUR edged higher during the previous session due to weaker US macro statistics that decelerated the dollar. Then, weaker PMI data...
Oil stands stubborn
Market Insights
Oil stands stubborn
OPEC+ will meet today on expectations to cut oil production output by 1 million barrels per day or more. The black gold edges higher ahead of the meeting...
What to expect from FOMC tonight
Market Insights
What to expect from FOMC tonight
At the moment, markets are betting that interest rates will be raised at an average of 75 points or 100 points. If it’s a 100-point increase...
EURUSD regains traction
Market Insights
EURUSD regains traction
Risk-on mood helped the pair to regain its traction. It is currently consolidating at 1.0250 as a result of downward correction for the US dollars.
How will US inflation data impact markets?
Market Insights
How will US inflation data impact markets?
US inflation data is in focus today. It will significantly impact financial markets' movement and determine their direction.
ECB and BoE divergence sends EURGBP downwards
Market Insights
ECB and BoE divergence sends EURGBP downwards
URGBP formed a bearish engulfing candle. The fear of a European recession sent the pair below 0.8500. After the perpendicular downside move...