The Swiss franc is slightly higher on Thursday....

Oil slides on OPEC+ report Oil markets are on...

China concerns boost the US dollar The US dollar...

China tightens lockdown in Shanghai Asian equity markets are...

The New Zealand dollar has started the week in negative territory. NZD/USD is down 0.50%, and is trading at 0.6825 in the North American session. The currency enjoyed its best week since August 2021, with gains of 1.75%. The war in Europe has drained risk appetite, but the kiwi, although sensitive to risk, is also a […]

European markets are closing in on bear market territory in heavy selling at the end of the week as investors grow increasingly fearful of recessionary and escalation risks. The sell-off has gathered pace as the morning has progressed and I can’t expect the mood will improve as we head into another highly uncertain weekend. The […]

After starting the week with gains, the euro has been on a nasty slide, which has continued on Friday.  EUR/USD has dropped below the symbolic 1.10 level in the European session and is at its lowest level since June 2020. Fire at Ukraine nuclear plant sends euro lower The intensified fighting which is raging in […]

Massive uncertainty remains It’s been another week of significant volatility in financial markets and there’s little reason to expect next week will be any different. The Russian invasion of Ukraine sent shock waves around the world and the ripple effects were felt throughout the markets as investors were forced to consider what the consequences would […]

Following two consecutive sessions of declines, cryptocurrencies rebounded on Friday, as markets prepared for the first non-farm payrolls of the year. ETH was up 8% as of writing, with the crypto market cap 4.4% higher. Bitcoin On the first Friday of each month, non-farm payrolls in the United States are released, and this typically sees […]

It’s been another downbeat session in financial markets, with even US tech stocks losing recovery momentum ahead of the open as focus switches to the January jobs report. While earnings season has overall been something to reflect positively on, there have been plenty of potholes along the way that has continued to stall any recovery […]

The Canadian dollar is in positive territory and continues to have an excellent week, with gains of 1.28%. The currency is back below 1.25 and is looking to close below this symbolic line for the first time since mid-November. This week’s robust rally by the Canadian dollar is more a case of greenback weakness rather than […]

Canadian dollar climbs despite high US inflation The Canadian dollar has extended its gains for a third consecutive day. USD/CAD has dropped 0.15% on the day, enough to push the pair below the 1.25 level, which has psychological significance, for the first time since mid-November. It has been an excellent week for the Canadian dollar, which […]