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Novo Nordisk Has The Largest One Day Decline Since December 20th

Novo Nordisk Has The Largest One Day Decline Since December 20th

Novo Nordisk (NOVOB.DK) is down more than 5.5% today following the release of Phase 3 clinical trial results for its new…
EUR/USD ANZ Recommendation

EUR/USD ANZ Recommendation

ANZ Research has issued a recommendation for the EURUSD currency pair. ANZ Research recommends taking a short position on the…
U.S. An underwhelming jobs report with government shrinkage featuring in Feb payrolls – UOB Group

U.S. An underwhelming jobs report with government shrinkage featuring in Feb payrolls – UOB Group

The latest US Employment Situation report by the Bureau of Labor Statistics (BLS) last Fri (7 Mar) was weaker than…
EUR: Picking through the politics – ING

EUR: Picking through the politics – ING

EUR/USD is consolidating after last week’s 4.4% rally. We haven’t seen anything like that since the early days of the…
EUR extends gains for best week versus the USD since 2009 – Scotiabank

EUR extends gains for best week versus the USD since 2009 – Scotiabank

The Euro (EUR) is ending the week with another, solid daily gain on the US Dollar (USD). This is the…
USD/CNH: Set to trade sideways between 7.2300 and 7.2600 – UOB Group

USD/CNH: Set to trade sideways between 7.2300 and 7.2600 – UOB Group

US Dollar (USD) is likely to trade sideways between 7.2300 and 7.2600 vs Chinese Yuan (CNH). In the longer run,…
Fed Harker Signals “Waning Business Confidence,” Rising Inflation Costs in The U.S.

Fed Harker Signals “Waning Business Confidence,” Rising Inflation Costs in The U.S.

Patrick Harker, CEO of the Philadelphia Federal Reserve, commented on US inflation and economic sentiments today, pointing to rising inflation…
ECB Cuts Interest Rates by 25bp, The Euro/Usd Gains

ECB Cuts Interest Rates by 25bp, The Euro/Usd Gains

ECB Interest Rate Actual 2.65% (Forecast 2.65%, Previous 2.90%) We can see a positive reaction on EURUSD after the ECB…
Canada is poised to ease tariff retaliation if Trump rolls back some of its own tariffs.

Canada is poised to ease tariff retaliation if Trump rolls back some of its own tariffs.

Wall Street ended yesterday’s trading in a positive mood. The Nasdaq index posted almost 1.5% gains, while the S&P500 index…
Bullish German Economy as Seismic Shift Announced

Bullish German Economy as Seismic Shift Announced

A seismic fiscal shift has been announced by Germany’s Chancellor in waiting. This has sent yields surging across Europe at…
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