This Kiwi pair has been stuck in a range for quite some time, and it looks like a breakout could be on the horizon. With NZD scoring 6.1/10 versus CHF’s 6.8/10 in…
Daily Broad Market Recap – May 21, 2025
Risk sentiment took a bearish turn on Wednesday as concerns over U.S. fiscal health ramped up. The S&P 500 fell and Treasury yields jumped after a disappointing 20-year bond auction underscored investor…
Chart Art: Time for EUR/GBP to Go Back to a Longer-Term Trend?
The euro has been sliding against the British pound since mid-April, but EUR/GBP may be nearing a key inflection point that could spark a longer-term bounce. We’re zooming into the 4-hour chart…
Chart Art: Gold Descending Channel Resistance Test, Another Pullback Due?
Gold’s longer-term uptrend is looking pretty steady, but the precious metal is hitting a ceiling at a new downtrend channel forming. Will it retreat again? Take a look at these near-term inflection…
GBP Popped Higher On Stronger CPI But Gains Short-Lived
U.K. inflation surprised to the upside in April, with consumer prices rising at their fastest annual pace since March 2024, driven by higher energy bills and water rates. The headline CPI figure of…
One Simple Trick to Avoid Overtrading
A common mistake that traders make is overtrading, believing that more positions taken translates to higher chances of winning.
Event Guide: Euro Area Flash PMIs (May 2025)
Markets await Thursday’s Euro Area flash PMIs for clues on whether the recent US-China trade truce has boosted European business sentiment. Has manufacturing broken out of contraction territory, or did…
Daily Broad Market Recap – May 20, 2025
The major assets were all over the charts on Tuesday, driven by renewed concerns over U.S. fiscal sustainability and rising geopolitical tensions in the Middle East. Traders juggled mixed signals from central…
Canada’s Headline CPI Slowed to 1.7% in April, Core Inflation Higher
Canada reported a dip in its headline annual CPI from 2.3% to 1.7% in April, but other measures of inflation beat market estimates. Components revealed that the removal of the federal carbon…
AUD Slumps After RBA’s Dovish Rate Cut, Slightly Recovers on Bullock Comments
The Reserve Bank of Australia lowered its cash rate by 25 basis points to 3.85% at Tuesday’s policy meeting, marking its second rate cut this year after February’s initial easing. But while…