Sunday 18 April 2021
  • :
  • :

Archives post

CAD Weekly Forecast – BOC’s Macklem Under The Spotlight

Canada won’t be printing market-moving data this week, which means that the Loonie will likely dance to the tune of its counterparts.

Daily London Session Watchlist: GBP/NZD

The RBNZ kept rates on hold but sounded optimistic about a recovery while the BOE will be having its Monetary Policy Report hearings next....

Daily U.S. Session Watchlist: NZD/USD

NZD/USD bulls are on a roll as risk sentiment moves positive. Will the momentum continue after RBNZ Governor Orr’s speech ahead? 

US Judge Dismisses Motion Against Bancor After Finding Allegations Inadequate to Give It Jurisdiction

A Manhattan federal judge has dismissed a securities fraud class action against Bancor after ruling that the plaintiff’s allegations...

Bitcoin Has No Intrinsic Value, Asset Is Too Volatile, Says Bank of Korea Governor

Bank of Korea Governor Lee Ju-yeol has said that crypto assets like bitcoin have no intrinsic value – put simply, a measure of what...

Bitcoin Futures Open Interest Hits $19 Billion, Harsh Intraday Swings, Analyst Says ‘Fresh Rally’ Expected

The start of the week saw digital currency markets drop significantly in value, as billions of dollars were shaved off the entire crypto...

Markets Move Higher As Tech Stocks Rebound

Meanwhile, traders will pay close attention to rising Treasury yields.

European Equities: German Consumer Sentiment and U.S Stats in Focus

Economic data from Germany and the U.S will be in focus today. Any fall in German consumer confidence could test support for the DAX and...

The Economic Calendar Keeps the EUR and the Greenback in the Spotlight

It’s a relatively busy day ahead on the economic calendar, placing the EUR and the Dollar in focus. U.S jobless claims figures will need...

US Dollar Outlook: DXY Index Rejects 50-Day Moving Average

The US Dollar advanced early on during Wednesday’s trading session, but bears pushed back and sent the DXY Index recoiling lower after...