Tools for TradersTop Movers | Heat Map | Pivot Point | Pivot Meters | Action Bias | Volatility Charts Action InsightNorth Korea Pledged to "Redouble Effort", Markets Ignored With Strong Risk Appetite Risk appetite remains strong in the markets. And the provocative response from North Korea on fresh sanctions is largely ignored. S&P 500 closed up 8.37 pts, or 0.34%, at 2496.48 overnight, making... BOE To Maintain Status Quo With New Comer On Dovish Side We expect the BOE to vote 7-2 to leave the Bank rate unchanged at 0.25% and the asset purchase at 435B pound. Despite overshooting of inflation, most members would remain cautious and cite slow econom... PBOC Removes Capital Control. Yet, Renminbi Internationalization Remains Distant USDCNY continues to recover after the pair slumped to the lowest level since December 2015 last Friday. The rebound, long-awaited as the broad-based USD weakness has caused the pair to decline over th... Technical OutlookUSD/CAD Daily Outlook Intraday bias in USD/CAD remains neutral as consolidation from 1.2061 temporary low continues. We'll stay cautious on strong support from 1.2048 long term fibonacci level to bring sustainable rebound.... Suggested ReadingsElliott Wave View: DXY Dollar Index Turning Lower Dollar Shines Against Yen As US Yields Rise, Pound Near 1-Year High On Inflation Jump European Open Briefing: Asian Equity Markets Were Mixed Early On Wednesday Pound Soars, USD Gains Further GBP/JPY Surges on Higher UK Inflation and Lower Risk Aversion ahead of BoE Gold Pauses After Sharp Losses Kick Off Week Dollar Rally Continues as North Korea Tensions Ease Pound Soars to 1-Year High after Inflation Beat; Dollar also Up, Euro Under Pressure Economic Data
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