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Markets
Pushing against resistance in the 0.8020 area
The US Dollar remains bid against a somewhat softer Swiss Franc, weighed by a brighter market sentiment on Thursday. The Greenback keeps its bullish trend from late December lows…
XAU/USD returns above $4,600 as the Dollar hesitates
Gold’s (XAU/USD) reversal from all-time highs found buyers near $4,580 on Thursday, before returning to levels past $4,600 during the European trading session. A somewhat softer US…
USD/CNH remains neutral for now – UOB Group
US Dollar (USD) remains neutral but is now expected to trade in a lower range of 6.9520/6.9900, UOB Group's FX analysts Quek Ser Leang and Peter Chia note. USD/CNH is expected to…
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Mercosur trade deal a strategic geopolitical win – Standard Chartered
EU to sign a free trade agreement with the Mercosur bloc 25 years after first entering talks. The deal, still pending ratification, will reduce import duties on over 90% of exports…
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Stays below nine-day EMA near 0.6700
The AUD/USD pair remains steady for the second successive session, trading around 0.6680 during the European hours on Thursday. The daily chart’s technical analysis indicated a…
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Stocks to watch after December’s CPI report: CARS, CVNA, TSN
December’s CPI report showed inflation is stable but not necessarily improving in the way markets and the Federal Reserve may prefer. Still, when excluding the volatile categories…
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