Market News

China holds 1 and 5-year rates steady for the 15th month in a row
July 20, 2021

China holds 1 and 5-year rates steady for the 15th month in a row On the news front, it was a light day. In Australia, Covid lockdowns news sped up, the city of Melbourne (and state Victoria) lockdown was stretched out for an additional 7 days and the territory of South Australia will have a

Read more
EUR/USD blurs remedial pullback close 1.1800
July 16, 2021

EUR/USD blurs remedial pullback close 1.1800 Generally, EUR/USD is moving downwards. Presently, EUR/USD is trying the resistance zone of 1.18200 and the following support zone is at 1.16300. Search for momentary buying chances of EUR/USD on the off chance that it breaks the resistance zone of 1.18200. The EUR/USD pair holds around the 1.1800 level

Read more
Empire Fed hits record but risk trades slide
July 16, 2021

Empire Fed hits record but risk trades slide The gold level at $1827 WTI raw petroleum down $1.53 to $71.60 US 10-year yields 6 bps to 1.295% S&P 500 down 14 focuses to 4347 JPY drives, AUD slacks The US dollar bid returned on Thursday with no genuine purpose. Early trading was stifled however as

Read more
EUR/USD recovered from a new three-month low, the danger stays slanted to the disadvantage
July 15, 2021

EUR/USD recovered from a new three-month low, the danger stays slanted to the disadvantage By and large, EUR/USD is moving downwards. As of late, EUR/USD climbed into the resistance zone of 1.18200. Right now, EUR/USD is trying the resistance zone of 1.18200 and the following support zone is at 1.16300. The EUR/USD pair exchanges close

Read more
Australian unemployment rate drops under 5%
July 15, 2021

Australian unemployment rate drops under 5% NZD/USD is down likewise, however by a bigger number of pips. EUR, GBP, CAD, CHF are on the whole down against the huge dollar by shifting (limited quantities) moreover. Yen has dealt with a little addition against the USD. The Australian dollar was minimally pestered by the information discharge,

Read more