Fundamental Analysis

The euro tested the 100-day moving average as the market sorts through political and central bank questions. The New Zealand dollar was the top performer while the euro lagged. The Bank of Canada is d...
Fundamental Analysis

Global market were captured by a global risk-off correction today. However, the spill-overs to the interest rate and FX markets were modest. The dollar held up well despite the decline in core/US yiel...
Fundamental Analysis

The CAC is in red territory on Wednesday. Currently, the index is at 5352.00, down 0.45% on the day. On the release front, the sole eurozone release is Retail PMI, which improved to 52.4. This marked ...
Fundamental Analysis

Long-suffering bullish gold traders had more reason to worry overnight, as they looked up into the sky and saw the vultures circling over their positioning. Despite a flattening of the U.S. yield curv...
Fundamental Analysis

The US Dollar was seen trading slightly higher against the European single currency, as the US economic reports revealed weaker than estimated results on Tuesday. The EUR/USD currency pair fell 6 base...
Fundamental Analysis

The Greenback rebounded from a weekly low against the Loonie, as the report showed that the Canadian trade deficit shrunk in October. The USD/CAD currency pair fell 10 base points to the 1.2634 mark, ...
Fundamental Analysis

The Sterling was little changed against the US Dollar on the UK Services PMI data, though the report managed to sustain the exchange rate above the 1.3400 level. The GBP/USD rose 15 base points or 0.1...