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EUR/USD:    The shared currency entered into a phase of selling on Thursday after marginally whipsawing through a H4 trendline resistance extended from the high 1.2555, as well as a H4 supply base coming in at 1.2383-1.2374. Influenced by a round of USD buying and less-than-stellar Eurozone manufacturing PMIs, this prompted the H4 candles to … Continue reading Friday 23rd March: Canadian dollar in the spotlight – eyeing inflation and retail sales figures.

Global Markets: Asian Stock Markets : Nikkei up 0.92%, Shanghai Composite down 0.63%, Hang Seng down 0.54%, ASX down 0.22% Commodities : Gold at $1330.10 (+0.65%), Silver at $16.54 (+0.71%), WTI Oil at $69.34 (-0.19%), Brent Oil at $65.11 (-0.09%) Rates : US 10-year yield at 2.866, UK 10-year yield at 1.529, Germany 10-year yield … Continue reading Thursday 22nd March: Fed hikes rates by 25bps, Trump to announce China tariffs today

EUR/USD:    The Fed, as anticipated, raised their target interest rate to 1.50-1.75 percent on Wednesday. Ultimately, though, the market chose to latch on to the dovish aspects of the decision/press conference. The EUR/USD snapped through orders at 1.23 and concluded trade shaking hands with the H4 mid-level resistance at 1.2350. Directly overhead, the team … Continue reading Thursday 22nd March: Keep an eye on GBP-related markets today as BoE’s ‘Super Thursday’ is likely to cause ripples!