Australian Dollar Holds Above the Current Market Profile

    Australian Dollar Holds Above the Current Market Profile

    The minutes from the Reserve Bank of Australia’s (RBA) June meeting, released on 30 June, suggested that policymakers are not yet ready to rule out further policy tightening. Board members noted persistent excess demand and broad-based inflationary pressures across the economy, leaving the door open for another interest rate increase if required. Against this backdrop,…

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    TradingView brings overnight session data directly into main symbol experience

      TradingView brings overnight session data directly into main symbol experience

      TradingView is bringing overnight session data directly into the main symbol experience on the platform. With the new 24h session for BOATS-supported US stocks, TradingView users can follow regular, extended, and overnight sessions in one continuous intraday chart. Previously, overnight data was available through separate BOATS symbols. Now, supported overnight activity becomes part of the…

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      USD/MXN Forecasr 10/07

        17.50 Level Acts as Pivot

        Potential signal: The US dollar has slipped a bit against the Mexican peso again on Thursday. USD/MXN The US dollar has slipped a bit against the Mexican peso during trading on Thursday as we continue to dance around the 17.50 level. The 17.50 level is an area that has been important and it does seem…

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        Loonie Tunes: Playing Second Fiddle to the Greenback

          Loonie Tunes: Playing Second Fiddle to the Greenback

          Highlights The Loonie has lost substantial ground to the greenback this year, a fate it shares with several other major G10 currencies. Wider interest-rate gaps have made U.S. assets more attractive, adding pressure on CAD alongside other advanced-economy currencies. The baseline still points to eventual loonie recovery, but that view is vulnerable if U.S. productivity…

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          Dollar Gains on Month-End Buying — TradingView News

            Dollar Slips as Stocks Strengthen — TradingView News

            The dollar index DXY is down by -0.11% today. The dollar is moving lower today as strength in stocks has reduced liquidity demand for the currency. The dollar dropped to its low after US Jun existing home sales unexpectedly declined. Losses in the dollar are limited after US weekly jobless claims unexpectedly fell to a…

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            NZZDUSD Forecast 10/07

              Interest Rate Hikes Fuel Relief

              The New Zealand dollar rose again on Thursday, as we continue to see a significant recovery play out here. NZD/USD The New Zealand dollar has been very strong during the trading session on Thursday as traders continue to look at interest rate markets for clues. The interest rates in New Zealand were raised, and now…

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              GBP/CAD Hits Decade High as USMCA Shock Adds New Driver Ahead of Jobs Data

                GBP/CAD Hits Decade High as USMCA Shock Adds New Driver Ahead of Jobs Data

                GBP/CAD climbed to its highest level in a decade this week, reflecting an increasingly powerful divergence between a Pound supported by fading domestic political risks and a Canadian Dollar facing mounting structural headwinds. Sterling continues to benefit from the unwinding of sizeable speculative short positions built ahead of Prime Minister Keir Starmer’s resignation, while Bank…

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                NZD Leads on Growth Optimism While CAD Awaits Jobs Test

                  NZD Leads on Growth Optimism While CAD Awaits Jobs Test

                  New Zealand Dollar outperformed across the board today after a much stronger-than-expected manufacturing survey reinforced confidence that the economy is gaining momentum following the Reserve Bank of New Zealand’s rate hike. At the other end of the spectrum, Canadian Dollar is the weakest major currency despite another sharp rebound in oil prices, underscoring that structural…

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