When I analyze a chart, I look for technical levels that “do their job”—levels where the market consistently reacts. On the 10-year yield chart above, …
The GBPUSD has reestablished a short-term bullish bias after a failed downside break last week. During that break, sellers had their shot as price moved …
Closing changes on the day: German DAX, +0.3% France’s CAC +0.8% UK’s FTSE 100 +0.9% Spain’s IBEX +1.2% Italy’s FTSE MIB +0.8% Spanish stocks are …
BofA highlights that corporate hedging behavior in G10 FX, particularly in EUR/USD, may shift meaningfully if the euro continues to strengthen. Corporates appear underhedged against …
Sector Overview The technology sector today paints a varied picture. Microsoft (MSFT) and Oracle (ORCL) are down 0.71% and 0.67% respectively, reflecting some bearish sentiments. …
The EURUSD continues to trade within a well-defined range, with price action capped once again at the resistance zone between 1.1265 and 1.1275—a level that …
The implied odds of a Bank of Canada rate cut on June 4 have plunged to 36% from 65% following today’s CPI report. The main …