4 Global Market Updates- 4 March, 2023
In this article, we have covered the highlights of global market news about the EUR/USD, USD/CAD, USD/BRL and USD/JPY. EUR/USD reclaimed 1.0600, extending its gains thanks to a weak US dollar. On a weaker US Dollar and amid rumors that the US Federal…
Read more
USD/CAD falls below 1.3600 on rising Oil prices and a weaker Dollar.
On Friday, USD/CAD encounters new supply and is under pressure from several sources. The Canadian dollar is supported by rising oil prices, which serve as a drag on the US dollar's mild decline. Fears of a recession and aggressive Fed…
Read more
4 Global Market Updates- 3 March, 2023
In this article, we have covered the highlights of global market news about the AUD/USD, GBP/USD, EUR/USD and USD/INR. AUD/USD: Modest buy around 0.6750 as USD tracks offbeat yields, US ISM Services PMI watched While it oscillates around the intraday high of 0.6752 early on…
Read more
USD/JPY nears YTD peak; bulls anticipate sustained move over 100-day SMA
In response to rebounding USD demand, USD/JPY picks up new bids and moves closer to the YTD top. Hawkish Fed predictions drive up US bond rates and give the dollar another boost. Bullish traders are favored by the contrasting Fed-BoJ…
Read more
4 Global Market Updates- 1 March, 2023
In this article, we have covered the highlights of global market news about the USD/CHF, NZD/USD, AUD/USD and EUR/USD. USD/CHF bulls hover around 0.9400 as weaker Swiss data challenges inflation worries. After a gloomy start to March, USD/CHF licks its wounds around 0.9400 as the…
Read more
