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Wall Street quiet ahead of big tech earnings “US indices have entered a period of quiet trading as we await the latest batch of earnings from tech companies. But bearishness among individual investors has reached levels not seen in fourteen years, according to today’s Conference Board data. Almost h

USD/CNH's attempt to break above key resistance at 7.37 lost traction, with the pair retreating sharply after hitting 7.43. Now trading below its 50-day moving average, the currency risks further losses unless it can reclaim 7.32 in the short term, Société Générale's FX analysts note. Resistance at

Pound Sterling (GBP) is up 0.5% against the US Dollar (USD) but marginally underperforming most of the G10 currencies within the context of broad-based USD weakness, Scotiabank's Chief FX Strategist Shaun Osborne notes. BoE’s Bailey strikes dovish tone "The performance is typical for GBP, as it has

The rally of gold’s price seems to be unstoppable with fundamental issues providing safe haven inflows for the shiny metal. In this report we are to examine the validity of the negative correlation of the USD with gold’s price, the uncertainty in the markets and Fed’s intentions. We are to conclude

Oil ended the week up over 4%, continuing the rebound that began on 9 April following a strong rally due to tariff postponement. Prices managed to recover from 4-year lows by more than 16%, which is impressive and brings the market closer to bullish territory. However, the situation currently appear

Markets Fed Chair Powell sent a clear signal to markets in a keynote speech for the Economic Club of Chicago. He started by pointing out that the level of the tariff increases announced so far by the new Administration is significantly larger than anticipated. The same is likely to be true of the ec

The USDMXN is developing a long term rounded top formation as it closed back below the 20.0000 level once again today. In light of recent US Dollar weakness, this should not come as much of a surprise that the USDMXN has been trading so heavily. Technically, the USDMXN is nearing key support at the

The single European currency is trying to approach the level of 1,14 again, having absorbed a significant part of yesterday's losses, where it temporarily fell well below 1,13. The European currency's decline of almost 200 basis points from Friday's high of 1.1475 partially confirmed my idea to main

EU mid-market update: New week sees fresh mindset causing volatility to simmer down; Sentiment skewed to buyside as Trump announces temporary relief on key electronics. Notes/observations - European markets react to U.S. tariff exemption news on key electronics—including semiconductor chips and equi

Scope for US Dollar (USD) to continue to weaken vs Chinese Yuan (CNH); any decline is unlikely to reach the major support at 7.2430. In the longer run, sharp but short-lived price action has resulted in a mixed outlook; USD is likely to trade between 7.2430 and 7.3700 for now, UOB Group's FX analyst

Q1 earnings season has kicked off in the US, amidst the tariff drama. Tariffs loom large over this earnings season, even if most reciprocal tariffs are on pause. The question for investors is whether the disruption caused by tariffs on China and elsewhere, even if they are delayed, will lead to prof