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Market Insight

Market Spotlight: Etsy Earnings in Focus Today

Etsy Up NextUS earnings season continues today and among the key names reporting, iconic e-commerce Etsy will be one of the key focus points for traders. On the back of a Q3 earnings miss, traders...

Market Spotlight: AUDNZD Plunges on RBNZ Hike - FOMC Minutes Next

RBNZ Hikes Again – More to Come, But Slower PaceThe RBNZ hiked rates once again overnight at its February MPR meeting. Despite signals in November of a further .75% hike to come, the bank ultimately...
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Market Spotlight: GBPJPY Breaking Out On UK Data Beat

Strong Services Sector Gains GBP has been on the rise today as traders digest the latest set of UK economic data. January PMIs saw the UK services sector bouncing back into growth territory last month...

Market Spotlight: Walmart Shareholders Hoping For More Earnings Growth

Walmart In Focus TodayThe big focus for US stock traders today will be the release of Walmart’s Q4 earnings, coming just before the US open. The company’s performance always attracts plenty of...

Market Spotlight: EURAUD Pattern Play

EURAUD Downside OpportunitiesEURAUD is looking interesting here. Following the breakout over late Q3/Q4 last year, price has since stalled, reversing from an attempted break above 1.5713. Price now...

Market Spotlight: NZDCHF Downside Opportunities

NZD Weaker Ahead of RBNZNZDCHF has come under heavy selling pressure over recent sessions as traders brace for the upcoming RBNZ meeting this week. Despite firmly hawkish guidance issued at the...

Market Spotlight: USDCAD Breakout Opportunities

Loonie Looking to BreakUSDCAD has seen a solid run of demand this week, turning focus to the potential for a breakout higher in coming sessions. The pair has been stuck in a range for most of the year...

Market Spotlight: US Yields Surging on Hot Data Streak

Yields Rising QuicklyUS yields are surging higher once again this week on the back of a recent string of better-than-forecast US data which has thrown the ‘Fed pivot’ narrative into turmoil.  With...

Market Spotlight: BOE's Pill In Focus Following UK Inflation Fall

Inflation Falls AgainYesterday’s weaker-than-forecast UK inflation reading has put the emphasis back on a BOE pivot. On the back of the BOE’s most recent .5% hike, taking rates to their highest level...