News & Analysis
COTD: EURUSD – Consolidation Before A Stronger Dollar?
EURUSD -Daily EURUSD Euro Dollar is a strange pairing at the moment in terms of directional bias. In today's Chart of The Day, we'll be looking at its current performance in the daily time frame. First up, we notice this long period of conso...
Read MoreWeek Ahead: Ultra Loose Monetary Policies and Flash PMIs
By Deepta Bolaky @DeeptaGOMarkets After the Fed’s confirmation last week that US interest rates will likely remain near zero through 2023, the immediate attention will switch to other central banks meetings this week for confirmation of the u...
Read MoreInterest Rates and Central Banks
By Deepta Bolaky @DeeptaGOMarkets Investors were very much focused on central banks meetings amid the current uncertainty and caution in the markets. Given that governments and central banks have gone out of their conventional ways to support t...
Read MoreCOTD: GBPUSD – Negative Rates Talk As Indicators Converge
GBPUSD -4HR GBPUSD The Bank of England announcement was expected by most to be a non-event today with interest rates left on hold, and this was partially true. The figures did remain on hold. However, the BOE's rhetoric following the ...
Read MoreOvernight on Wall Street: Thursday 17 September 2020
By Deepta Bolaky @DeeptaGOMarkets Equity Markets It was a Fed day as investors awaited updates from the Federal Reserve Chairman Jerome Powell. Amid a fragile risk environment, markets are looking for support from central banks and governments. ...
Read MoreCOTD: Rio Tinto – Yearly Pivot Points In Action
RIO.AX - Weekly Rio Tinto (RIO.AX) With the general commodities theme currently occupying markets, we thought it was time to include Rio Tinto (RIO.ax), one of the more significant resource-driven stocks from the ASX 200, as our Chart...
Read MoreOvernight on Wall Street: Wednesday 16 September 2020
By Deepta Bolaky @DeeptaGOMarkets Equity Markets An environment of caution remains especially ahead of the US central bank meeting. Global stocks advanced higher but risk sentiment remains fragile as investors are looking for more guidance from ...
Read MoreCOTD: NZDCAD – Kiwi Trend Pushing Higher
NZDCAD - 4HR NZDCAD In today's Chart of The Day, we view NZDCAD on the four-hour time frame as a battle of commodity-driven currencies emerges. While the New Zealand Dollar drifts higher against a weakened US Dollar, the Canadian Do...
Read MoreOvernight on Wall Street: Tuesday 15 September 2020
By Deepta Bolaky @DeeptaGOMarkets Equity Markets An environment of caution is prevailing in the stock market. Global stocks were mixed on Monday - Asian stocks and US stocks performed better than European stocks. Source: Bloomberg Wall ...
Read MoreCOTD: AUDJPY – Will a Stronger Yen Impact an Already Resilient Aussie Dollar?
AUDJPY As the Japanese Yen continues to strengthen on the back of reports suggesting Yoshihide Suga will become Japan's next prime minister, in today's Chart of The Day, we will look at how a stronger Yen may impact an already resilient Aussie D...
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