Weekly Market Update (25 October 2021) – Powell: It’s time to taper QE
(1) Last Monday, New Zealand Prime Minister Jacinda Ardern announced the extension of the ongoing COVID lockdown in the city…
Weekly Market Update (09 October 2021) – U.S. jobs report sent out mixed results
(1) The OPEC+ concluded its October meeting last week, sticking to the plan of increasing oil production on a monthly…
Weekly Market Update (04 October 2021) – Rising Treasury yields boosted the U.S. dollar
(1) During his testimony before the Senate last Tuesday, Federal Reserve Chairman Jerome Powell warned that the drivers behind the…
Weekly Market Update (27 September 2021) – More hawkish tones delivered by central banks
(1) The U.S. Federal Reserve held its monetary policy unchanged but delivered a hawkish tone during their meeting last week.…
Weekly Market Update (20 September 2021) – Australian jobs market greatly weakened by recent spike in COVID cases
(1) The annual UK CPI data released last week indicated that prices rose to a 9-year high level. The 1.2%…
Weekly Market Update (13 September 2021) – A week of central bank monetary policy meetings
(1) The Reserve Bank of Australia (RBA) kicked off last week with the first of the three monetary policy meetings.…
NZD/USD Bulls Gradually Taking Further Control
NZD/USD Daily Forecast NZD/USD is trading 0.48% higher to 0.7138 after having dropped below the 0.7100 mark earlier in the…
USD/CAD Downside Likely To Remain Limited
USD/CAD Daily Forecast USD/CAD has once again moved below the 1.2700 mark and is currently trading 0.34% lower to 1.2622.…
EUR/USD Stays Above 1.18000 – Indicates a Higher Weekly Closing
EUR/USD Daily Forecast EUR/USD managed to stay above 1.3800 on Thursday and is currently trading at 1.1839 with immediate support…
USD/JPY Moves Lower Following USD’s Slight Correction
USD/JPY Daily Forecast USD/JPY is trading 0.24% lower to 109.93 following a small correction in the USD. The US Dollar…