Market Analysis

05 July 2022                        Afternoon Session Analysis Aussie surged amid easing Chinese tariff expectation from US. The global risk appetite accelerated as market participants speculated that the White House would likely to announce an easing of some Chinese...

5 July 2022                           Morning Session Analysis USDCAD dipped over the rising inflation expectations. The overall trend of USDCAD remained bearish over the backdrop of rising inflation expectation in Canada. According to Reuters, Bank of Canada (BoC)...

04 July 2022                        Afternoon Session Analysis US Dollar slumped amid downbeat economic outlook. The Dollar Index which traded against a basket of six major currencies retreated from its higher level amid the fear upon the recession in United States...

4 July 2022                           Morning Session Analysis Inflation keep hovering in Eurozone, EURUSD surged. EURUSD, which traded by major investors rebounded from its recent low on last Friday amid the backdrop of bullish economic data. According to Eurostat,...

1 July 2022                           Afternoon Session Analysis   The Canadian dollar lingered as market sentiment mixed. The Canadian dollar, which was traded by the majority of the traders, hovered near the level of 1.2875 after Canada released its GDP data...

1 July 2022                           Morning Session Analysis US Dollar slumped over the downbeat economic data. The Dollar Index which traded against a basket of six major currencies slumped on Thursday amid the backdrop of bearish economic data. According to Bureau...

30 June 2022                       Afternoon Session Analysis BoE released its dovish speech, GBPUSD eased. GBPUSD, which traded by major investors slumped over the dovish tone from the Bank of England (BoE). According to Reuters, BoE Governor Andrew Bailey claimed...

30 June 2022                       Morning Session Analysis Jerome Powell expressed rate hike tone, US Dollar gains. The Dollar Index which traded against a basket of six major currencies extend its gains on yesterday over the backdrop of hawkish statement from the...

29 June 2022                       Afternoon Session Analysis EURUSD slumped after the speech of ECB President. The EURUSD retreated from its overnight gains after European Central Bank (ECB) President Lagarde release her speech. According to her speech, she...

29 June 2022                       Morning Session Analysis US Dollar surged amid hawkish expectation from Fed. The Dollar Index which traded against a basket of six major currencies rebounded significantly yesterday over the backdrop of risk-off sentiment amid the...

28 June 2022                       Afternoon Session Analysis EURUSD rallied as investors bet on ECB rate hike decision. The EURUSD rose on Monday over the backdrop of rate hike expectation from European Central Bank (ECB). According to Reuters, the market...

28 June 2022                       Morning Session Analysis US Dollar seesawed as mixed market sentiment. The Dollar Index was traded within a range amid the mixed sentiment toward the US financial market. On the positive front, the US Dollar received some bullish...