Day Correlations News Today

The correlation between US oil and USDCAD is an assumed common, negative relationship; but this Dollar-pair is one of the less responsive pairs to recent CPI volatility

USDCAD’s violent reversal this past Friday amid US and Canadian employment data led to a clear break of trendlines support and the 100-day SMA

There are two themes USDJPY watchers should keep particular focus on: carry trade potential and risk appetite trends which don’t always line up for this pair

Today’s trade has been a marked downshift in activity - and certainly direction - but the technical support in the vicinity likely has less to do with the shift than broader liquidity conditions

Investors’ speculative appetite still represents a significant influence in the benchmark crypto, but is the feedback loop strong enough for top event risk ahead to break BTC from its range?

This past week’s range echoes the congestion across the broader market with short-term – and likely short-lived – breaks a tangible risk

Fundamentals remain a serious contrast to market progress, and it is likely only a matter of time before the speculative charge meets reality

USDJPY Outlook A Correction or Reversal of the Prevailing Bull Trend? 2021-04-05 16:30:00 John Kicklighter, Chief Strategist USDJPY has dropped sharply to start the new trading week with the second biggest daily decline of the year While the 109.25 and 110 levels were substantial technical barriers that were hurdled by this pair the past two weeks, the historical midpoint of the pair is overhead at 111.50 What makes the pullbac...