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Eur/gbp daily outlook
20/07/2023 07:44

Eur/gbp daily outlook

Daily Pivots: (S1) 0.8608; (P) 0.8655; (R1) 0.8703; More… Intraday bias in EUR/GBP remains on the upside at this point. Current development argues t...

Equities market turns bearish as investors lose n5.17bn
20/07/2023 07:44

Equities market turns bearish as investors lose n5.17bn

Equities trading at the Nigerian Exchange Limited (NGX) turned bearish to close marginally lower by 0.01 per cent on Wednesday. The domestic bourse �...

Usd/jpy recovers to 139.50 on japan economic fears, pm kishida’s defense of boj doves
20/07/2023 07:44

Usd/jpy recovers to 139.50 on japan economic fears, pm kishida’s defense of boj doves

USD/JPY bounces off intraday low to reverse the first daily loss in three. Japan government cuts economic forecasts, PM Kishida advocates sustained ex...

Eur/jpy daily outlook
20/07/2023 07:38

Eur/jpy daily outlook

Daily Pivots: (S1) 155.72; (P) 156.46; (R1) 157.23; More…. Intraday bias in EUR/JPY remains on the upside at this point. Rebound from 153.32 is in p...

Gbp/jpy daily outlook
20/07/2023 07:35

Gbp/jpy daily outlook

Daily Pivots: (S1) 179.83; (P) 180.74; (R1) 181.64; More… Intraday bias in GBP/JPY remains neutral for the moment. On the downside, break of 179.45 ...

Eur/chf daily outlook
20/07/2023 07:33

Eur/chf daily outlook

Daily Pivots: (S1) 0.9605; (P) 0.9627; (R1) 0.9640; More… EUR/CHF’s is resuming recent decline by breaking through 0.9606. Intraday bias is back o...

Almost 50% of the uk traders feel inflation blues and seek cheaper solutions
20/07/2023 07:31

Almost 50% of the uk traders feel inflation blues and seek cheaper solutions

The latest UK inflation reading published yesterday (Wednesday) showed a fall in the consumer price index (CPI) to its lowest level in more than a yea...

Electrolux weighs asset sales after loss on declining sales
20/07/2023 07:31

Electrolux weighs asset sales after loss on declining sales

Electrolux weighs asset sales after loss on declining sales Read Full Story The post Electrolux weighs asset sales after loss on declining sales appea...

Gold price rally continues in dubai; 24k crosses $65-per-gram mark
20/07/2023 07:30

Gold price rally continues in dubai; 24k crosses $65-per-gram mark

On the technical front, expert says prices of the yellow metal are in a strong uptrend and are currently testing the $1,980 level … Read Full Story ...

Bitcoin spot etfs could bring $30b in new demand, crypto trader nydig says
20/07/2023 07:30

Bitcoin spot etfs could bring $30b in new demand, crypto trader nydig says

A lot can be learned from the listing of the first Gold ETF, but looking to the past also comes with some caveats. Read Full Story The post Bitcoin Sp...

Crypto price today: bitcoin holds above $30,000; xrp, cardano rises up to 5%
20/07/2023 07:30

Crypto price today: bitcoin holds above $30,000; xrp, cardano rises up to 5%

“BTC continues to perform within a narrow range of less than 2%, around $30k. In the last 24 hours, XRP continued to be amongst the top performers i...

Gbp/usd remains under pressure around the 1.2920 mark
20/07/2023 07:30

Gbp/usd remains under pressure around the 1.2920 mark

The GBP/USD pair remains under pressure around 1.2920 heading into the European session. The Pound Sterling extends its downside following the softer-...

Eur/usd daily outlook
20/07/2023 07:30

Eur/usd daily outlook

Daily Pivots: (S1) 1.1171; (P) 1.1206; (R1) 1.1237; More… EUR/USD dipped to 1.1173 but quickly recovered. Intraday bias remains neutral at this poin...

Silver price forecast:  flat trade as investors monitor dollar, yields
20/07/2023 07:28

Silver price forecast: flat trade as investors monitor dollar, yields

Silver prices slip as Treasury yields and dollar drive market; speculation of Fed rate hike pause strengthens silver’s position amid weaker dollar. ...

Gbp/usd daily outlook
20/07/2023 07:27

Gbp/usd daily outlook

Daily Pivots: (S1) 1.2857; (P) 1.2951; (R1) 1.3034; More… Intraday bias in GBP/USD stays neutral for the moment. Near term outlook will stay bullish...

Usd/chf daily outlook
20/07/2023 07:25

Usd/chf daily outlook

Daily Pivots: (S1) 0.8563; (P) 0.8588; (R1) 0.8610; More… Further decline cannot be ruled out in USD/CHF. However, some support could be seen from 1...

Fx option expiries for 20 july 10am new york cut
20/07/2023 07:25

Fx option expiries for 20 july 10am new york cut

There are quite a number of large expiries to take note of for the day, as highlighted in bold.The first being for EUR/USD near the 1.1200 mark, so th...

Ig group sees total trading revenue increase of 5% to £1 billion in fy 23
20/07/2023 07:24

Ig group sees total trading revenue increase of 5% to £1 billion in fy 23

Charlie Rozes, Acting Chief Executive Officer, commented: We’ve performed well in the much more difficult market conditions that persisted through m...

Usd/jpy daily outlook
20/07/2023 07:23

Usd/jpy daily outlook

Daily Pivots: (S1) 138.97; (P) 139.48; (R1) 140.19; More… Intraday bias in USD/JPY remains neutral and outlook is unchanged. Strong resistance is ex...

Usd/cad daily outlook
20/07/2023 07:21

Usd/cad daily outlook

Daily Pivots: (S1) 1.3142; (P) 1.3193; (R1) 1.3218; More…. USD/CAD is staying in range above 1.3091 and intraday bias stays neutral at this point. W...

France july business confidence 100 vs 100 prior
20/07/2023 06:45

France july business confidence 100 vs 100 prior

Prior 100Manufacturing confidence 100Prior 101; revised to 100Services confidence 102Prior 102The French business climate keeps steady in July, with n...

Is canadian dollar getting ripe for a bounce? usd/cad, eur/cad, gbp/cad price action
20/07/2023 06:30

Is canadian dollar getting ripe for a bounce? usd/cad, eur/cad, gbp/cad price action

The Canadian dollar looks set to resume its rise against some of its peers, thanks to a still-hawkish Bank of Canada (BoC) and a potential base buildi...

Tp24 raises chf 380m debt funding from barclays and m&g investments
20/07/2023 06:29

Tp24 raises chf 380m debt funding from barclays and m&g investments

Swiss Fintech TP24, (former Tradeplus24) has raised £345m (CHF 380m CHF) in debt funding from UK parties Barclays Bank and M&G Investments. The amoun...

Crypto market watchers cautious on prospects of spot bitcoin etfs after blackrock’s move
20/07/2023 06:29

Crypto market watchers cautious on prospects of spot bitcoin etfs after blackrock’s move

Market experts bares it all out in a recent interview, reveals how far they think BalckRock’s Bitcoin Spot ETF applicatio will can hold up. Read Ful...

Eur/gbp price analysis: justifies nearby resistance break to approach 200-ema below 0.8700
20/07/2023 06:29

Eur/gbp price analysis: justifies nearby resistance break to approach 200-ema below 0.8700

If the EUR/GBP manages to remain firmer past 0.8685, a horizontal area comprising multiple levels marked since January and a five-month-old descending...

Intraday analysis – gbp sees pullback
20/07/2023 06:19

Intraday analysis – gbp sees pullback

GBPUSD seeks support The pound tumbled after the UK’s consumer price growth showed a noticeable slowdown in June. A clean cut below the first suppor...

German producer prices fell by 0.3% versus a forecasted 0.4% fall
20/07/2023 06:16

German producer prices fell by 0.3% versus a forecasted 0.4% fall

German producer prices fell by less than expected in June. However, the decline continued to reflect a weak demand environment for German producers. T...

Mikron group again significantly improves sales and profitability
20/07/2023 06:14

Mikron group again significantly improves sales and profitability

Mikron Holding AG / Key word (s): Half Year Results Mikron Group again significantly improves sales and profitability 20-Jul-2023 / 07:00 CET/CEST Rel...

Tesla continues to hold about $184 million in bitcoin
20/07/2023 06:14

Tesla continues to hold about $184 million in bitcoin

Tesla hasn’t added or shared its digital asset holdings, with the electric vehicle manufacturer. It is expected to continue to hold about $184 milli...

Eurostoxx futures -0.2% in early european trading
20/07/2023 06:14

Eurostoxx futures -0.2% in early european trading

German DAX futures -0.1%UK FTSE futures flatThis mirrors the mood in US futures a little, though the drag there is mostly to do with tech shares. Nasd...

Eur/jpy consolidates above the 156.00 mark following japan’s trade surplus
20/07/2023 06:14

Eur/jpy consolidates above the 156.00 mark following japan’s trade surplus

EUR/USD clings to mild gains around 1.1220 as it prints the first daily profits in three heading into Thursday’s European session. The Euro pair che...

Bitmex renews ac milan deal, expands partnership
20/07/2023 06:13

Bitmex renews ac milan deal, expands partnership

BitMEX, a cryptocurrency exchange, has reverend its sports sponsorship deal with the popular Italian football club, AC Milan, ahead of the upcoming ga...

Australia june labour force: showing few signs of letting up
20/07/2023 05:32

Australia june labour force: showing few signs of letting up

Total employment: +32.6k from +76.5k (revised up from +75.9k); unemployment rate: 3.5% from 3.5% (revised down from 3.6%); participation rate: 66.8% f...

Technical outlook and review
20/07/2023 05:27

Technical outlook and review

DXY: The DXY chart indicates a bearish overall momentum, suggesting a potential continuation of the downward movement towards the 1st support level. T...

Trade ideas thread - european session 20 july 2023
20/07/2023 05:25

Trade ideas thread - european session 20 july 2023

It looks like the dollar demise may have to be put off until the Fed next week. USD/JPY ran up close to 140.00 on the recovery bounce yesterday before...


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