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In focus today In Germany we await Ifo data for April. The current assessment of the economy remains weak, but expectations have risen lately so it will be important to follow if we finally see a turn in the assessment of the current activity. Economic and market news What happened overnight In Australia, the Q1 […]

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24/06/2024

Nvidia Selloff Raises Worries

The week kicks off on a weak note following a moody trading session across Europe and the US on Friday. One of the most significant moves of last two trading days of the US was a 10% selloff in Nvidia sales for … no reason other than the fact that it was the end of […]
22/07/2024

BoC to Cut Rates Again, What’s Next?

Bank of Canada to slash rates by 25bps for the second time in a row More easing expected, but policymakers might signal a data-dependent approach USDCAD tests key resistance of 1.3740; key support at 1.3620 Investors are confident that the Bank of Canada (BoC) will cut interest rates by a quarter percentage point for the […]
26/04/2024

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The Swiss franc is steady on Friday. In the European session, USD/CHF is almost unchanged at 0.9118. It has been quite a ride for the Swiss franc, which hit eight-year highs against the US dollar in the last week of 2023. The US dollar has roared back in 2024, surging 8.2% against the Swiss currency. […]