Technical Analysis
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GBP/USD drops as US economy shrinks, inflation holds firm
The US economy contracts 0.3% in Q1, missing forecasts and raising stagflation concerns. Inflation accelerates with Q1 price index at…
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EUR/GBP Price Analysis: Sterling slips as Euro regains traction post-Europe session
EUR/GBP trades near the mid-0.8500s after gaining ground post-European session. Bullish bias intact despite mixed short-term signals. Key moving averages…
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USD/CHF down as soft US data and China slowdown hit sentiment
The USD/CHF is trading lower, hovering near the week’s lows, as recession fears and weak Chinese PMIs weigh on sentiment.…
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Oil Prices Hit Four Year Low at $58
Oil prices have plummeted to their lowest level in four years, with West Texas Intermediate (OIL.WTI) crude dropping more than…
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Trade of The Day – NZD/JPY
Facts:An upward trend has been in force since April 9The bounced off the key support at 84.40 Recommendation: Trade: Long position on…
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EUR/USD recovers as US Dollar falls back after weak US Employment, GDP data
EUR/USD rebounds to near 1.1385 as the US Dollar surrenders some gains after the release of the US ADP Employment…
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Pound Sterling declines against USD despite US economic contraction
The Pound Sterling retraces against the US Dollar to near 1.3350 as the former underperforms across the board. The US…
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US GDP shrinks, as imports surge, but it is not as bad as it seems
US GDP data was weaker than expected for last quarter. The US economy experienced a sharp slowdown, as expected, and…
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U.S. Equities Sell-off After Negative Preliminary GDP in Q1
01:30 PM BST, United States – GDP data: GDP (Q1): actual -0.3% QoQ; forecast 0.2% QoQ; previous 2.4% QoQ; Real Consumer Spending (Q1):…
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EUR/USD slips as Eurozone major economies report soft inflation data
EUR/USD falls to near 1.1370 as major nations in the Eurozone have indicated that price pressures grew moderately. The pair…
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S&P 500 — US Large Cap Index
FTSE 100 — UK Blue Chips
Euro Stoxx 50 — Eurozone Leaders
DAX 40 — German Equities
CAC 40 — French Market Index
Nikkei 225 — Japan Benchmark
Hang Seng — Hong Kong Index
Shanghai Composite — China Mainland
ASX 200 — Australian Market
TSX Composite — Canada Index
Nifty 50 — India Large Cap
STI Index — Singapore Market
KOSPI — South Korea Index
Bovespa — Brazil Equities
JSE Top 40 — South Africa Index
IPC Index — Mexico Market