Financial News

FxWirePro: CAD relative value trades on Canadian price data announcement

Yesterday's Canadian price data, which surprised on the upside, showed how secondary the inflation trend is in the eyes of market participants at the moment. The boost for the Canadian dollar was strong at first but did not last long.

Read more ...

Crypto Technicals: LTC/USD holds 21-EMA support, break below to see dip till 70.20

LTC/USD chart - Trading View

Exchange - Coinbase

Support: 77.80 (21-EMA); Resistance: 86.54 (weekly cloud)

Technical Analysis: Bias Neutral

- Litecoin upside has been capped at weekly cloud. Overall market sentiment is still holding bullish

Read more ...

FxWirePro: A birds eye-view on EUR bloc FX vols on eurozone PMIs

The publication of composite purchasing manager indices for the eurozone has been lackluster (Service PMIs are at 52.5 versus consensus 53.1 and previous flashes at 53.3 levels and Manufacturing PMIs are at 47.8 against consensus 48.1 levels.

Read more ...

Crypto Technicals: BTC/USD extends marginal gains above 5-DMA, bias neutral

BTC/USD chart - Trading View

Exchange - Bifinex

Support: 5201 (5-DMA); Resistance: 5488 (Apr 10 high)

Technical Analysis: Bias Slightly bullish

- BTC/USD extends marginal gains above 5-DMA, trades 0.75% higher at 5294 at 0940 GMT

Read more ...

US March retail sales preview

U.S. retail sales statistics for the month of March will be released at 12:30 GMT, today.

Why retail sales and U.S. consumers are important?

  • Domestic consumption of goods contributes about 25% of GDP or around $ 4.9 trillion.
Read more ...
We Accept: Visa Card Payment Master Card Payment Skrill Payment Bank Wire Payment