Technical Analysis
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JPY sticks to disappointing domestic data-inspired losses against a recovering USD
The Japanese Yen attracts sellers for the second straight day in reaction to disappointing domestic data. The optimism over the…
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Dow Jones Industrial Average remains in consolidation as markets look ahead to NFP jobs data
The Dow Jones is holding steady as markets await Friday’s NFP report. Despite an overall upbeat tone to equities, market…
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USD/CAD slips below 1.3650 as US jobless claims rise, Canada’s PMI contract
Canadian Dollar boosted by Greenback’s weakness as US jobless claims jump to 247K Canada’s Ivey PMI contracts for second month,…
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PVH Shares Crash 18% as Company Trims EPS Guidance
Shares of PVH Corp. (PVH.US), the American fashion and apparel holding company that owns Calvin Klein and Tommy Hilfiger, are down…
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Gold prices steady after ECB cuts rates, US Jobless Claims rise
Gold prices remain supported by rising trade tensions and weakening economic growth prospects which continue to support the demand safe-haven…
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Silver Surges 3.5% Reaching 13 Year Highs
Silver (SILVER) is gaining 3.5% today, reaching nearly $35.6 per ounce and hitting its highest levels since 2012. The rally is…
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Pound Sterling steadies as BoE’s Bailey reaffirms gradual monetary easing approach
The Pound Sterling demonstrates strength around 1.3550 against the US Dollar as the Greenback suffers from downbeat US economic data…
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Chart of The Day – EUR/USD
The EURUSD exchange rate returned above 1.14 yesterday in response to surprisingly weak macroeconomic data from the U.S. The euro’s appreciation…
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XAU/USD Technical Analysis – Eyes on the NFP report
Gold got stuck in another consolidation as traders await the NFP report due tomorrow Fundamental Overview Gold got stuck in…
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ECB Preview: Central banks take a lurch to the dovish side
A theme is emerging as we move towards the final weeks of Q2, central banks are getting more dovish. ECB…
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