FX

A weakening U.S. dollar is discreetly helping some ETFs to outperform their size during this earnings season, particularly those comprised of globally exposed American titans. But before investors get caught up in the greenback-driven glow, experts caution: all that moves isn’t necessarily...

As geopolitical tensions escalate in the Middle East, Ukraine has launched U.K.-made Storm Shadow missiles into Russia and the Kremlin has loosened its policy for using nuclear weapons. However, Russian President Vladimir Putin said he is open to a peace deal brokered by President-elect Donald...

The 76th Primetime Emmy Awards, hosted at the Peacock Theater in Los Angeles, witnessed “Shōgun,” “Baby Reindeer,” and “Hacks” clinching top awards, while “The Bear” made a noteworthy impression. What Happened: The Emmy Awards, hosted by...

The 2024 Emmy Award nominations were announced Wednesday with "The Bear" and "Shogun" among the shows with the most nominations. The nominated shows and limited series showed strength once again for streaming platforms. What Happened: With recent award-winners “Ted Lasso” and “...

U.S. commodity exporters and pharmaceutical companies are among the top traders, with Japan casting a cautious eye toward the foreign exchange markets, in the coming days. Top exporters with significant Japanese interests include Exxon Mobil Corp (NYSE:XOM) and Chevron Corp (NYSE:CVX). The weak yen...

The U.S. dollar is currently on an eight-week winning streak, flexing its muscles to reach levels not seen since February 2023. While this surge may suggest imminent rate hikes, the latest Federal Reserve signals and economic data actually tell a different tale. The Dollar Index Takes Off The U.S...

Amidst China’s prolonged economic slump due to the impact of COVID-19, the offshore Yuan (CNH) has experienced significant depreciation against the Canadian Dollar (CAD), creating an enticing bottom-fishing opportunity for investors and traders. From a technical perspective, the pair has...

The GBP/JPY pair finds itself at a critical juncture as the British Pound has experienced a slight pullback against the Japanese Yen in recent weeks. Although there have been attempts to push higher, the price action is signaling a potential topping pattern, noticeable between June 27th and July...

The offshore Chinese Yuan (CNH) is showing signs of a potential comeback against the Indian Rupee (INR) as it emerges from the bottom and rises above the 20-period simple moving average (red line). Recently, it has formed higher lows, indicating increasing strength. Currently, it stands at a...

The EUR/CAD pair is displaying a compelling technical setup, with a 78.6% retracement and lower highs combined with pivot point resistance providing triple confirmation of an impending depreciation of the Euro against the Canadian Dollar. The European Central Bank (ECB) is currently grappling with...

Japan's annual inflation rate in June 2023 rose marginally to 3.3% from May's 3.2%, but fell below market forecasts of 3.5%. While costs increased for various categories such as food, housing, transport, and medical care, fuel, light, and water charges continued to decline for the fifth...

The USD/CHF is currently forming a descending wedge pattern, hinting at a potential turnaround and reversal in its downward trajectory. Over the past nine months, the USD has experienced a steady decline against the Swiss Franc, and it appears to be nearing the end of stage 4, preparing to...

This Friday morning, Japan’s annual inflation rate is set to reveal a fresh decline, catching many off guard, as it unexpectedly dropped to 3.2% in May 2023 from the prior month’s 3.5% peak, missing market forecasts of 4.1%. The slowdown is evident across various sectors, with furniture...

Tomorrow morning, Great Britain awaits a key set of economic releases, including inflation data points, producer price index data points, and retail price index figures. Notably, consumer price inflation in the United Kingdom remained steady at 8.7 percent in May 2023, maintaining the previous...

Tomorrow morning, the Euro Area’s consumer price inflation rate is set to be unveiled, anticipated to continue its downward trend. However, the magnitude of this decrease will play a significant role in shaping the European Central Bank’s (ECB) approach to future rate hikes. Last month...