Market Insights

AUDUSD shows active growth
Market Insights
AUDUSD shows active growth
The currency pair showed a fairly active growth in the morning session testing the 0.6900, receiving support from macroeconomic statistics.
Inflation and Brexit pressure the pound
Market Insights
Inflation and Brexit pressure the pound
The pound is under pressure and corrected downward due to political difficulties, rapid inflation and recession risk, not to mention Brexit worries.
Gold consolidates
Market Insights
Gold consolidates
The yellow metal is consolidating after 2 days of losses. After China eased COVID restrictions, economic growth expectations are stimulated...
Rising oil prices support CAD
Market Insights
Rising oil prices support CAD
Rising oil prices are supporting the Canadian dollar. After reaching the high of 1.3078, the USDCAD went in a correction...
Consumer sentiment drops, the DAX rises
Market Insights
Consumer sentiment drops, the DAX rises
The DAX continues to rise although consumer sentiment in Germany dropped to a new record low. Even though Wall Street closes in red...
USD extends its decline
Market Insights
USD extends its decline
The EUR is rising as the USD extends its decline, after the IMF revised its economic growth forecast to 2.9% reducing expectations of sharp rate hikes...
FTSE100 is on the rise
Market Insights
FTSE100 is on the rise
FTSE is rising despite weak macro data. After a sharp decrease yesterday, as the UK government borrowed more than expected last month...
EURUSD declines after weak PMI
Market Insights
EURUSD declines after weak PMI
The EURUSD declined after the release of a weak PMI data. The negative dynamics confirm the slowdown in the Eurozone economy...
Gold declines to new lows
Market Insights
Gold declines to new lows
During the morning session, gold prices declined testing new local lows as the dollar regained its traction. The yellow metal rebounded in the last hour...