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Eur/usd and sub-$1.08 in the hands of services pmis
It is a busy day for the EUR/USD. Service sector and composite PMI numbers will draw interest, with the ECB Consumer Expectations Survey also in focus...
Gbp to usd forecasts: bears eye sub-$1.2675 on services pmis
It is a relatively busy day for the GBP to USD. Finalized service sector PMI numbers from the UK will move the dial, with US-China chatter also in foc...
Fx option expiries for 5 july 10am new york cut
There is just one to take note of, as highlighted in bold.That being for EUR/USD at the 1.0900 mark. That could see price action be more sticky around...
Gold, silver price today, july 5, 2023: yellow metal records hike, silver trades lower on mcx
Precious metals showed mixed trends in the Indian markets. Gold is trading on the higher side of the Multi Commodity Exchange (MCX) while silver price...
Chart art: wti crude oil (usoil) triangle resistance test
Will we see a bounce or a break for WTI crude oil? The commodity price is testing its triangle resistance once more!......
Nzd/usd struggles to make it through 0.6200, remains below 200-dma ahead of fomc minutes
NZD/USD gains positive traction for the fourth straight day, though the upside remains capped. Bets for another 25 Fed rate hike in July continue to u...
Usd/cad sticks to modest gains around 1.3230-35 area, fomc minutes in focus
The USD/CAD pair attracts some buying during the Asian session on Wednesday and moves further away from the weekly low, around the 1.3200 mark touched...
Usd/zar: is the south african rand comeback over?
The USD to South African rand (USD/ZAR) price retreated in June as I predicted in this report. After soaring to a record high of 19.91 in June, the pa...
Japan sees biggest average wake hike since 1993
This just confirms what we already knew from the spring wage negotiations back in March, with Rengo noting that the average wake hike for 2023 is seen...
Pmi data on the agenda in europe today
It's about time that the new week gets started and hopefully things will pick up later in Europe. And if not, surely when Wall Street steps back in la...
Equities investors lose n672bn as gaining spree turns
Sentiments in the domestic stock market yesterday turned negative, as profit-taking activities witnessed in BUA Cement Plc and 43 others caused N672bi...
Gold price forecast: will fed minutes help validate bullish wedge for xau/usd?
Gold price remains on track to confirm a bullish wedge, awaiting a daily close above the critical falling trendline (wedge) resistance, now at $1922. ...
Pound sterling price news and forecast: gbp/usd edges lower and is pressured by a modest usd strength
EUR/USD regains some positive traction on Wednesday, albeit lacks follow-through. Subdued USD price action offers some support amid a more hawkish ECB...
Light changes so far to start the new day
And even then, markets might not go running too much since we have the US non-farm payrolls report to deal with later on Friday. Major currencies are ...
Gbp/usd flirts with daily low around 1.2700 mark, fomc minutes eyed for fresh impetus
The GBP/USD pair extends the previous day’s late pullback from a multi-day peak, around the 1.2735-1.2740 area and remains on the defensive through ...
Eur/usd price analysis: euro sellers approach 1.0860 support, focus on impending bear cross, fed minutes
The Euro pair’s latest inaction could be linked to the cautious mood ahead of the Eurozone Producer Price Index (PPI) for May and the Federal Open M...
Subdued trading continues as dollar range bound, gold extending recovery
Commodity currencies are maintaining their position as the stronger performers of the week, while overall trading continues in a noticeably subdued ma...
Singapore's central bank head says fight against inflation not over yet
Managing Director of the Monetary Authority of Singapore (MAS) Menon says the fight against inflation is not yet over. Comments from Menon and the MAS...
Gold price forecast: xau/usd remains below $1,930 as traders await fomc minutes
Gold price ticks down during the Asian session on Wednesday, though lacks follow-through. Hawkish central banks and a modest US Dollar strength act as...
European central bank speakers on wednesday, 5 july 2023 include villeroy, de cos
Members of the European Central Bank Governing Council coming up later include:1100 GMT/0700 US Eastern time: French central bank head Francois Viller...
Eur/usd daily outlook
Daily Pivots: (S1) 1.0863; (P) 1.0893; (R1) 1.0908; More… Intraday bias in EUR/USD remains neutral and further rally is still in favor with 55 D EMA...
Hang seng index, asx200, nikkei 225: china services sinks the hsi
It was a bearish morning for the Hang Seng Index and the broader Asian markets, with economic indicators from China and US-China tensions weighing. Th...
Gbp/usd daily outlook
Daily Pivots: (S1) 1.2685; (P) 1.2712; (R1) 1.2740; More… No change in GBP/USD’s outlook and intraday bias stays mildly on the upside for retestin...
Usd/chf daily outlook
Daily Pivots: (S1) 0.8953; (P) 0.8965; (R1) 0.8984; More… Range trading continues in USD/CHF and intraday bias remains neutral. Also, near term outl...
Usd/jpy daily outlook
Daily Pivots: (S1) 144.22; (P) 144.47; (R1) 144.72; More… Intraday bias in USD/JPY remains neutral as consolidation from 145.06 is extending. On the...
Aud/usd daily report
Daily Pivots: (S1) 0.6654; (P) 0.6680; (R1) 0.6717; More… AUD/USD is still staying in consolidation from 0.6594 and intraday bias remains neutral. F...
Bitcoin, ethereum, dogecoin mixed as btc dominance soars above 50%: analyst says solana poised to touch all-time highs past this key level
Major cryptocurrencies traded mixed on Tuesday evening as the Bitcoin dominance level reached its highest point since April 2021, surpassing 50%. At t...
Usd/cad daily outlook
Daily Pivots: (S1) 1.3198; (P) 1.3228; (R1) 1.3252; More…. Intraday bias USD/CAD remains neutral for the moment and outlook is unchanged. A short te...
Gbp/jpy daily outlook
Daily Pivots: (S1) 183.32; (P) 183.61; (R1) 183.99; More… Intraday bias in GBP/JPY stays mildly on the upside at this point. Current up trend should...
Eur/jpy daily outlook
Daily Pivots: (S1) 156.91; (P) 157.41; (R1) 157.69; More…. Intraday bias in EUR/JPY stay neutral at this point. Consolidation from 157.99 is extendi...
Eur/gbp daily outlook
Daily Pivots: (S1) 0.8540; (P) 0.8572; (R1) 0.8588; More… Intraday bias in EUR/GBP remains neutral as range trading continues. Rejection by 55 D EMA...
Eur/aud daily outlook
Daily Pivots: (S1) 1.6202; (P) 1.6307; (R1) 1.6361; More… Intraday bias in EUR/AUD stays neutral and further rally is expected with 1.6255 support i...
Eur/chf daily outlook
Daily Pivots: (S1) 0.9746; (P) 0.9767; (R1) 0.9780; More… EUR/CHF is extending the sideway pattern from 0.9840 and intraday bias stays neutral at th...
China’s benchmark interbank gold prices mixed wednesday
China benchmark prices for spot interbank gold transactions were mixed Wednesday according to the China Foreign Exchange Trade Syst … Read Full Stor...
Imf boosts rupee, eurobonds rally, and gold prices decline
The Pakistani currency witnessed a strong rebound as the International Monetary Fund (IMF)’s new loan programme defended its value, causing speculat...
