Chart of the Day AUDJPYAnother leg lower AUDJPYPresident Xi has set the tone for striking the balance between fighting the virus and ensuring stable economic growth. On one hand, China will further...
Daily Market Outlook, February 17, 2020
Daily Market Outlook, February 17, 2020 The US market broadly gained on Friday and closed the week at record highs despite growing uncertainties over the coronavirus outbreak in China and the...
Daily Market Outlook, February 14, 2020
Daily Market Outlook, February 14, 2020 Global risk appetite turned a tad more cautious overnight, with S&P500 losing 0.16% amid news of increasing number of Covid-19 cases, especially...
Chart of The Day USDJPY
Chart of the Day USDJPYProtracted Correction USDJPYVacillating risk sentiment has swung back to negative following news that Hubei province had “revised” its way of counting Covid-19 infections,...
Daily Market Outlook, February 13, 2020
Daily Market Outlook, February 13, 2020 A day after WHO announced that the cases on new Coronavirus cases had stabilised in China and the market cheered the news, Risk sentiment was overshadowed this...
Chart of the Day NZDUSD
Chart of the Day NZDUSDPotential Intraday Impulse NZDUSDThe RBNZ left rates on hold as expected but the statement was seen as less dovish and NZDUSD rallied ~1% through 0.6450 to a high of...
Daily Market Outlook, February 12, 2020
Daily Market Outlook, February 12, 2020 The Global market broadly gained on Tuesday on easing Coronavirus concerns as investors weighed positive developments such as smaller increases in reported...
Chart of the Day EURUSD
Chart of the Day EURUSDPivot Point Cluster EURUSDThe EUR remains on the soft side. German political uncertainty increased, after the expected successor to Chancellor Merkel stepped down as CDU leader....
Daily Market Outlook, February 11, 2020
Daily Market Outlook, February 11, 2020 The US market rebounded in a broad-based rally on Monday, despite lingering fears over the Coronavirus outbreak, leading the S&P 500 and Nasdaq to hit their...
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