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Markets
Canadian Dollar consolidates vs USD; await Canadian CPI/FOMC minutes
The USD/CAD pair is seen extending its sideways consolidative price move for the second straight day and trading above the 1.3600 mark during the Asian session on Monday. Moreover,…
NZD/USD hovers near 0.6050 following January’s Business NZ PSI data
NZD/USD inches higher after registering modest gains in the previous session, trading around 0.6040 during the Asian hours on Monday. The pair maintains its gains after New…
Gold remains below $5,050 despite Fed rate cut bets, uncertain geopolitical tensions
Gold (XAU/USD) edges lower after registering over 2% gains in the previous session, trading around $5,030 per troy ounce during the Asian hours on Monday. However, the…
Japanese yen weakens as GDP miss tempers BoJ rate hike bets
The USD/JPY pair attracts some buyers during the Asian session on Monday and climbs back above the 153.00 mark following the disappointing release of Japan's Q4 GDP report. Spot…
Back to risk-on now?
S&P 500 found relief from Friday‘s premarket selling continuation, refusing to decline more before CPI. The fear was that thanks to rising oil (and oil products) prices, the…
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The key trendline to watch on Internet Computer
Internet Computer Protocol (ICP) is a cryptocurrency that remains well off its prior highs, and the drawdown has been significant. From its highs in November, ICP is down over 76%.…