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Daily Market Charts and Analysis March 11, 2021

Here are the latest market charts and analysis for today. Check them out and know what’s happening in the market today. AUDCAD The Paris-based Organisation for Economic Co-operation and Development (OECD) group is anticipating a robust growth for the Australian economy in fiscal 2021. The forecast is a 4.5% expansion, which is up from the …

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Daily Market Charts and Analysis March 4, 2021

Here are the latest market charts and analysis for today. Check them out and know what’s happening in the market today. USDMXN Investors has been shifting their portfolio allocation from the Mexican peso towards the local equities. This was following the interest rate cut by Banxico of 25 basis points to 4.0%. The bullish expectations …

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Daily Market Charts and Analysis February 18, 2021

Here are the latest market charts and analysis for today. Check them out and know what’s happening in the market today. CADJPY The yen will continue to underperform against the Canadian dollar following a trade deficit report for the month of January. On Tuesday, February 16, Japan posted a -323.9 billion trade balance report which …

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Daily Market Charts and Analysis February 11, 2021

Here are the latest market charts and analysis for today. Check them out and know what’s happening in the market today. USDILS Israel’s Health Minister Yuli Edelstein introduced the “Green Pass” on Wednesday, February 10. The pass will be available to individuals who already took the COVID-19 vaccine shots. These people will then be able …

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Daily Market Charts and Analysis February 04, 2021

Here are the latest market charts and analysis for today. Check them out and know what’s happening in the market today. EURNZD While the EU and its member states posted better-than-expected results, these PMI figures were still below the 50.0 points benchmark. Meanwhile, New Zealand’s recent reports showed upbeat economic data. In Q4, Wellington’s unemployment …

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Daily Market Charts and Analysis January 28, 2021

Here are the latest market charts and analysis for today. Check them out and know what’s happening in the market today. GBPCHF Local currencies are soaring in Europe after the International Monetary Fund (IMF) downgraded European economies despite the improved global economic outlook. The financial institution now sees a 4.5% GDP growth for fiscal 2021, …

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Daily Market Charts and Analysis December 02, 2020

Here are the latest market charts and analysis for today. Check them out and know what’s happening in the market today. NZDCAD New Zealand’s unexpected decline in imports and exports prices will take a toll on the New Zealand dollar. The figures for imports and exports prices reports were -3.7% and -8.3%, respectively. With regards …

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Daily Market Charts and Analysis November 27, 2020

Here are the latest market charts and analysis for today. Check them out and know what’s happening in the market today. USDMXN Mexico’s economic outlook turned bleak amid the rising cases of coronavirus in the country. On November 24, Mexico reached its highest daily cases at 10,794. The increase is still small when compared to …

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Daily Market Charts and Analysis November 26, 2020

Here are the latest market charts and analysis for today. Check them out and know what’s happening in the market today. GBPBRL The Brazilian government’s tax collection for the month of October increased by almost 30.0% to $153.90 billion. This was the highest recorded tax revenue over the course of the pandemic. Analysts said that …

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Daily Market Charts and Analysis November 12, 2020

Here are the latest market charts and analysis for today. Check them out and know what’s happening in the market today. USDILS Joe Biden’s victory in the presidential elections will lift risk-oriented currencies such as the Israeli shekel in the near-term. The US economic calendar will be quiet in today’s trading to make way for …

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Daily Market Charts and Analysis November 25, 2020

Here are the latest market charts and analysis for today. Check them out and know what’s happening in the market today. GBP/CAD Investors shrugged off the rising cases of COVID-19 in Canada amid its promising outlook for ADP Nonfarm Employment Change in the coming months. On Monday, November 23, Canada had the biggest single-day increase …

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Daily Market Charts and Analysis November 24, 2020

Here are the latest market charts and analysis for today. Check them out and know what’s happening in the market today. USDSGD Singapore’s economy expanded by 42.3% in the final month of the third quarter. However, the country’s gross domestic product (GDP) is still down by-5.8% in yearly comparison. Despite the somewhat positive data from …

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Daily Market Charts and Analysis November 23, 2020

Here are the latest market charts and analysis for today. Check them out and know what’s happening in the market today. GBPUSD The United Kingdom continues to outperform its peers in Europe. While the EU and its member states are expecting lower results for today’s report on Composite, Manufacturing, and Services PMI, forecasts for the …

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