Author: FX

Earnings Call Insights: Champion Homes (SKY) Q4 fiscal 2026 Management View “Fiscal 2026 results reflect a year of strong execution and performance… across Champion, we earned the business of 26,622 customers in fiscal 2026, the record number of homes sold since the companySeeking Alpha’s Disclaimer: This article was automatically generated by an AI tool based on content available on the Seeking Alpha website, and has not been curated or reviewed by humans. Due to inherent limitations in using AI-based tools, the accuracy, completeness, or timeliness of such articles cannot be guaranteed. This article is intended for informational purposes only. Seeking…

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UK CBI Distributive Trades -46 vs -50 expectedPrior -68Full report hereThe agency noted: “retail selling prices grew in the year to May at the slowest rate in over a year and are set to grow at a similar pace in June. Sales volumes in the retail sector fell short of seasonal norms in May, while annual sales volumes continued to fall but at a slightly slower pace. Next month, sales are expected to remain “poor” for the time of year, with the sales decline in annual volumes set to ease slightly further.”They added that “weak demand continues to weigh on…

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The USD/CAD pair extends its sideways consolidative price move for the second straight day on Tuesday and holds steady near the 1.3800 mark through the first half of the European session. Mixed signals over a potential US-Iran peace deal revive demand for the safe-haven US Dollar (USD), acting as a tailwind for the currency pair. However, a goodish recovery in Crude Oil prices underpin the commodity-linked Loonie and cap spot prices.From a technical perspective, the USD/CAD pair hovers just below the 1.3810-1.3815 confluence – comprising the 50% Fibonacci retracement level of the November 2025-January 2026 downfall and the 200-day Simple…

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The Nova Volume Indicator is a technical analysis tool that measures the flow of market activity. Unlike standard volume histograms that only count total tick volume, Nova evaluates volume in the context of price movements, identifying whether buying or selling pressure dominates. At its core, the indicator assigns colors or intensity levels to volume bars based on direction and magnitude. For example, a rising green bar indicates strong buying activity, while a sharp red bar signals heavy selling pressure. Traders can visualize shifts that might not be apparent just from candlestick patterns. This indicator isn’t just about raw numbers; it’s…

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Looking through inflation spike is no longer an optionThere are increasing signs that inflation shock is spilling over to other parts of the consumption basketEven if Iran war ended today, policy action is needed given the damage to energy infrastructureThe negative impact on growth from the shock will be strongerIncoming data implies upside risks to inflation and downside risks to growthDon’t see any concerning developments with regards to bond yieldsHer stance is that the ECB should raise interest rates in June even if a peace deal is struck between the US and Iran. And there’s good merit to that considering…

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The GBP/JPY cross edges lower during the Asian session on Tuesday and erodes a part of the previous day’s strong gains to the 214.70 region, or a fresh monthly peak. Spot prices, however, lack follow-through selling and currently trade around the 214.35 area, down just over 0.10% for the day.A combination of factors exert some downward pressure on the British Pound (GBP), which, in turn, fails to assists the GBP/JPY cross to build on the recent move up witnessed over the past week or so. Investors pushed back their expectation for the likely timing of the next interest rate hike…

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Will the RBNZ dampen expectations of further tightening? Our Event Guide for the RBNZ Decision points out that policymakers could focus on the supply-side of the inflation shock and urge caution in hiking. Here’s why I’m watching GBP/NZD and NZD/JPY in case the central bank announces a dovish hold. Source link

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Will the RBNZ gang join other major central banks in weighing slower growth against stickier inflation? Our Event Guide for RBNZ’s May Policy Decision suggests that Governor Breman and her team will keep their OCR at 2.25%, but the real story may be the tone. A hawkish hold, especially one that keeps a July hike on the table, could give Kiwi bulls something to work with. If the RBNZ event lands bullish for Kiwi, NZD/USD and NZD/CAD offer some of the cleaner setups on the charts. Source link

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