The single currency has fallen under 1.0590, below pandemic lows and at its lowest level since April 2017. The 1.0600 area for EURUSD has repeatedly worked as a turning point since 2015. In 1997 and 1998 the selloffs also stopped at this level. And in late 1999, a move below 1.06 after a prolonged consolidation […]

The Swiss franc is on track for its most substantial monthly decline against the dollar in almost ten years. The USDCHF pair chart has shown neat support on declines from increasingly higher levels since the beginning of last year. And in April, we see the bulls attempting to develop the offensive. The pair rushes upward […]

Rates as of 0630 GMT Market Recap Stock markets continue to lead as Mondays bounce proved shortlived. There wasnt necessarily any particular trigger for yesterdays selloff, just the entire panoply of risks the war in Ukraine coupled with the COVID19 lockdown in China, which will only exacerbate the extraordinarily high inflation and force central banks […]

Demand for electricity in the United States has been stagnant since 2008, which broke a century long streak of uninterrupted growth.