US: Durable Goods Orders Rebounded in March
Durable goods orders rose 2.7% in March. Core capital goods orders suggest the economy has momentum going into...
FX Market Dynamics Foreshadows The Possible Troubles
Stock indices struggle to stay on highs, while the forex market gives a sign to the possible downward...
USD/INR: Indian Rupee Below Rs70 Per Dollar On Oil
Last month, on the 19th March, the Indian rupee hit a major resistance area against the US dollar,...
BOC Drops its Hawkish Bias, USD/CAD Breaks Above 1.3500
To the surprise of no informed market participant, the Bank of Canada left interest rates unchanged at 1.75%...
Bank of Canada Rate Hold Comes with a Growth Downgrade
Matching expectations, the Bank of Canada held its overnight interest rate unchanged at 1.75% this morning. The tone...
Dollar Continues March Higher as the Stock Rally Pauses
The dollar continues to march on higher, while global yields fell as markets await the next wrath of...
European Update – US Earnings Fail To Lift Stocks
Market bounce quickly fades after encouraging earnings We’re seeing another mixed session in Europe on Wednesday, with stocks...
The Aussie Gets Slammed With CPI Data Miss
Australia’s Inflation appears to have left the building for today’s CPI report. With headline data missing expectations and...
Australian Q1 Inflation – CPI Flat In The Quarter Highlighting Very Little Inflationary Pressure
March Quarter CPI Headline CPI 0.0%qtr/1.3%yr Trimmed mean 0.28%qtr/1.6%yr Weighted median 0.10%qtr/1.2%yr Inflation surprises to the downside –...
Yen Drifting as BoJ Inflation Matches Forecast
USD/JPY continues to trade quietly. In the North American session, the pair is trading at 111.92, down 0.02%...
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