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May 4, 2021
U.K. On Course to Ease Lockdown; Denmark Drops J&J: Virus Update Bloomberg 1 hr ago Bloomberg News (Bloomberg) -- U.K. Prime Minister Boris Johnson said lockdown rules will be scrapped over the next seven weeks. Denmark will ease curbs this week and dropped Johnson & Johnson’s Covid-19 shot. Bavaria’s Oktoberfest festival was canceled, but free beer is available to New Jersey residents who get a vaccine. Popular Searches India was criticized for a “lack of leadership” ...
May 4, 2021
Australia Slammed for India Ban; Denmark Cuts J&J: Virus Update Bloomberg 1 hr ago Bloomberg News (Bloomberg) -- The New York Stock Exchange will allow more traders on the floor if they’re fully vaccinated, after weekly confirmed cases in the U.S. rose at the slowest pace of the pandemic. The Biden administration will support Pfizer’s move to start exporting U.S.-made doses of its vaccine. India was criticized for a “lack of leadership” by a former central bank chief, ...
May 4, 2021
U.K. On Course to Ease Lockdown; Denmark Drops J&J: Virus Update Bloomberg 1 hr ago Bloomberg News (Bloomberg) -- U.K. Prime Minister Boris Johnson said the country is on course to scrap lockdown rules over the next seven weeks. Denmark will ease curbs this week and dropped Johnson & Johnson’s Covid-19 shot. Bavaria’s Oktoberfest festival was canceled, but free beer is available to New Jersey residents who get a vaccine. Popular Searches India was criticized for a “lack ...
May 4, 2021
Canadian Dollar Forecast: Bullish Divergence Hints at Rebound for USD/CAD 2021-05-04 07:00:00 Daniel Moss, Analyst Canadian Dollar, USD/CAD, Coronavirus Vaccines, Crude Oil Prices, Bullish Divergence – Talking Points: The Canadian Dollar may give up gained ground in the near term as coronavirus cases continue to remain elevated. Bullish RSI divergence could ignite a rebound in USD/CAD rates. Asia-Pacific Recap Equity markets traded broadly mixed during Asia-Pacific trade, with Australia’s...
May 4, 2021
U.K. On Course to Ease Lockdown; Denmark Drops J&J: Virus Update Bloomberg 1 hr ago Bloomberg News (Bloomberg) -- U.K. Prime Minister Boris Johnson said the country is on course to scrap lockdown rules over the next seven weeks. Denmark will ease curbs this week and dropped Johnson & Johnson’s Covid-19 shot. Bavaria’s Oktoberfest festival was canceled, but free beer is available to New Jersey residents who get a vaccine. Popular Searches India was criticized for a “lack ...
May 3, 2021
British Pound Forecast: GBP/USD, GBP/JPY Levels to Watch Ahead of BoE 2021-05-03 02:00:00 Daniel Moss, Analyst British Pound, GBP/USD, GBP/JPY, IGCS, Bank of England – Talking Points: The British Pound looks set to extend gains against its haven-associated counterparts ahead of the BoE rate decision. GBP/USD rates perched constructively above the trend-defining 55-EMA. GBP/JPY tracking within the confines of an Ascending Channel. The British Pound slid lower against its haven-associated co...
May 3, 2021
US Dollar Price Forecast: Sell-in May Dynamic Could Drive DXY Higher 2021-05-03 07:00:00 Daniel Moss, Analyst US Dollar, DXY, Non-Farm Payrolls, ISM PMIs, Sell-In May – Talking Points: The haven-associated US Dollar may continue to gain ground on seasonal dynamics and robust economic data. Bullish Falling Wedge break hints at further gains for the US Dollar Index (DXY). Advertisement Asia-Pacific Recap Equity markets slipped lower during Asia-Pacific trade, as inflation concerns and geopoli...
May 3, 2021
What the Asian Thought-Leadership Mafia Gets Wrong May 06 2021, 6:36 AM May 03 2021, 4:00 AM May 06 2021, 6:36 AM (Bloomberg Opinion) -- Asia is the future of the world economy! The growth is so impressive, the opportunities so marvelous! If I had five Indonesian rupiah for every time an executive or investor has asserted these sentiments, I could retire in comfort tomorrow. (Bloomberg Opinion) -- Asia is the future of the world economy! The growth is so impressive, the opportunities so marv...
May 1, 2021
Australian Dollar Technical Forecast: AUD/USD, AUD/JPY Levels to Watch 2021-04-30 23:00:00 Daniel Moss, Analyst Australian Dollar Technical Forecast: Mixed The Australian Dollar could slip lower against USD, however, further gains against JPY seem likely in the near term. Head and Shoulders pattern hints at a bearish reversal for AUD/USD rate. Ascending Triangle pattern points to further gains for AUD/JPY. The Australian Dollar has been stuck in a relatively tight range against its lower-bet...
April 30, 2021
US Dollar Price Outlook: DXY Falling Wedge in Play Ahead of PCE Release 2021-04-30 07:00:00 Daniel Moss, Analyst US Dollar, DXY, PCE Price Index, Federal Reserve, Fed Funds Rate – Talking Points: Equity markets drifted lower during APAC trade as regulatory restrictions weighed on regional risk sentiment. Fed tapering bets may underpin the US Dollar against its major counterparts in the near term. Falling Wedge pattern suggests a reversal higher could be on the cards for the DXY. Asia-Pacifi...