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MarketPulse - MarketPulse is the market commentary of currency analysts on the state of forex markets using fundamental and technical tools and real time rates
2021-10-22 15:27
Earnings strong but data showing weakness Stock markets are enjoying a more positive end to the week, buoyed by earnings results and a surprise coupon payment by Evergrande. Earnings have be… Read More
Euro Steady As PMIs
2021-10-22 12:23
The euro is trading quietly in the Friday session. Currently, EUR/USD is trading at 1.1636, up 0.10% on the day. Manufacturing PMIs within expectations German and eurozone Manufacturing PMIs… Read More
Will Canada Retail Sales Rebound?
2021-10-22 11:21
The Canadian dollar edged higher in Asia as it drives towards the 1.23 line. USD/CAD is currently trading at 1.2329, down 0.33% on the day. Retail Sales expected to rebound The Canadian doll… Read More
Pound Yawns After Mixed UK Data
2021-10-22 09:41
The British pound continues to have an uneventful week and the lack of activity has continued in the Friday session. GBP/USD has been trading close to the 1.38 level for most of the wee… Read More
2021-10-22 08:04
Oil weakens in Asia Oil prices eased overnight and that has continued in Asia. Weaker industrial metals and natural gas and coal prices appear to be dragging oil lower as well in the short-t… Read More
US Data Lifts Greenback
2021-10-22 07:51
Dollar support by jobs, manufacturing data The US dollar has found the going tough this week, but positive US data gave it some Fed taper legs overnight, lifting the dollar index 0.17% highe… Read More
Evergrande Payment Boosts Asia
2021-10-22 07:27
Investors cheer as Evergrande makes bond payment Evergrande’s offshore coupon payment, just ahead of the default deadline, has boosted Asian equity markets today, sending the China fin… Read More
Paying Up
2021-10-22 07:18
Evergande makes first payment ahead of deadline China state-backed media is reporting that Evergrande has wired its USD 83.52 million overdue offshore bond coupon payment today, just ahead o… Read More
Brent Crude – Time For A Correction?
2021-10-21 16:47
Rally lost momentum Brent crude has been running low on momentum in recent days and may be primed for a corrective move. The fundamentals have become increasingly bullish for … Read More

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