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Wti oil: bears may take a breather for consolidation after 2.2% drop
WTI oil edged higher in early Wednesday, following 2.2% drop on Tuesday, positively impacted by stronger than expected draw in US crude inventories (A...
Gbp/jpy analysis: highs since december 2015
The GBP/JPY chart shows that this currency pair is in an uptrend (nearly +17% YTD) which can be explained by differences in economies......
Usd/jpy: the yen is likely to ease further short-term – commerzbank
GBP/USD is trading under pressure, heading toward 1.2700 in early Europe. The pair is undermined by an extended US Dollar rebound and a cautious risk ...
Daily forex news and watchlist: aud/usd
I’m looking at another potential pullback on AUD/USD today, but this time taking the weak Australian CPI into account......
Ecb's vujčić: there is a good chance of a september rate hike
I think we can engineer a soft landingWe'll see what the data says in the next two months but for now, the door remains open for a move after the summ...
Fx play of the day: aud/jpy testing triangle support
Australia just printed weaker than expected inflation data, dampening hopes for an RBA hike next month. Can this spur triangle breakdown for AUD/JPY?....
Eur/usd to remain supported by hawkish ecb as sintra meeting heats up
EUR/USD is likely to remain rangebound as Central Bankers share their thoughts at the ECB Forum. The tussle for superiority between bulls and bears lo...
Eurozone may m3 money supply +1.4% vs +1.5% y/y expected
Prior +1.9%Broad money growth continues to slow as the ECB tightens policy further and will do so again in July. Credit crunch, anyone? This article w...
Switzerland june credit suisse investor sentiment -30.8 vs -32.2 prior
Prior -32.2Swiss investor sentiment improves slightly on the month as even with a change to interest rate expectations, there seems to be a limited im...
Usd/cad price analysis: eased cad cpi lowers boc hike bets
Canada’s annual inflation rate decreased to 3.4% from April’s 4.4%. Money markets perceive a roughly 60% likelihood of a BOC rate hike in July. Oi...
Elliott wave update of usdcad – june 28th, 2023
USDCAD is up by a hundred pips from yesterday's low in a bullish reversal Elliott Wave analysis helped us predict in advance. What's next for the pair...
Ecb's muller: need to look at the data for rate hike beyond july
Too early to say where rates will end upRisks to inflation are still on the upsideRate hikes are gradually having an impactThat is a balanced take to ...
Eur/usd daily outlook
Daily Pivots: (S1) 1.0916; (P) 1.0947; (R1) 1.0991; More… Intraday bias in EUR/USD remains neutral as it’s still bounded in range below 1.1011. St...
Gbp/usd daily outlook
Daily Pivots: (S1) 1.2715; (P) 1.2738; (R1) 1.2771; More… GBP/USD is still extending the consolidation from 1.2847 and intraday bias remains neutral...
Italy pm meloni says more ecb rate hikes may harm the economy
Simplistic approach of hiking rates is not the right path to take for manyIt's clear that not everyone is on board, as also evidenced by Centeno's rem...
Usd/jpy daily outlook
Daily Pivots: (S1) 143.52; (P) 143.84; (R1) 144.40; More… Intraday bias in USD/JPY stays on the upside for the moment. Current rally from 127.20 sho...
Aud/usd outlook: bears await acceptance below 61.8% fibo. ahead of fed’s powell
AUD/USD drops to over a three-week low in reaction to softer Australian CPI print. A modest USD uptick exerts additional pressure and contributes to t...
Usd/jpy: next on the upside emerges 145.00 – uob
The current upside bias could motivate USD/JPY to revisit the 145.00 area in the next few weeks, according to UOB Group’s Economist Lee Sue Ann and ...
Eur/usd to remain strong if the eurozone price data confirms the ecb’s restrictive approach – commerzbank
GBP/USD is trading under pressure, heading toward 1.2700 in early Europe. The pair is undermined by an extended US Dollar rebound and a cautious risk ...
Euro to us dollar spot exchange rates for 2015
Below is a table showing 365 days of historical exchange rates data for the year of 2015, covering the Euro (EUR) to US Dollar (USD) conversion. Conve...
How to trade oil? dominating brent oil markets.
Trading oil is a popular way to participate in the global economy because oil is crucial for economic growth. It’s like the “life’s blood” tha...
Ecb's centeno: inflation is easing as quickly as it went up
Over-tightening is not an acceptable positionEconomy already taking a hit, inflation will reactWe are definitely getting to the terminal rateEven if t...
Usd/jpy forecast: steady as positive economic data eases recession concerns
USD/JPY stable as positive data eases recession fears; Japanese authorities may intervene while US resilience reinforces Fed tightening. The post USD/...
Usd/cad daily outlook
Daily Pivots: (S1) 1.3142; (P) 1.3167; (R1) 1.3217; More…. Immediate focus is now on 1.3224 resistance with current recovery. Firm break there shoul...
Gold price forecast: xau/usd bulls seek acceptance from $1,935 and fed chair powell – confluence detector
Gold Price (XAU/USD) struggles to defend the corrective bounce ahead of the top-tier central bankers’ speeches at the European Central Bank (ECB) Fo...
Gold price forecast: xau/usd trades with a mild positive bias, not out of the woods yet
Gold price edges higher during the Asian session on Wednesday and recovers a part of the previous day’s losses, though the intraday uptick lacks bul...
Gold and silver prices today: yellow metal hovers near 3-month lows
Gold prices on the Multi Commodity Exchange (MCX) opened on Wednesday at a price of Rs 58,176 per 10 grams and hit an intraday low of Rs 58,155. In th...
Is bible the next bitcoin? price analysis and future predictions
Biblical Token ($BIBLE) combines finance and cultural metaphors. A meme coin, the meta of Jesus, is a cryptocurrency based on humor and memes … Read...
Gbp/jpy corrects to near 183.00 as focus shifts to boe bailey’s speech
The GBP/JPY pair has shown a corrective move to near 183.00 in the early London session. The cross has shown correction after posting a fresh seven-ye...
Eur/usd resumes and usd/jpy could extend rally
EUR/USD started a fresh increase above the 1.0890 resistance. USD/JPY is consolidating gains and might rally further above 144.20. Important Takeaways...
China’s booster from premier li qiang may not last
China’s Premier Li Qiang’s morale booster speech during yesterday’s opening of the World Economic Forum’s 14th Annual Meeting of the New Champ...
Near-term recession fears are clearly overdone
Markets US eco data turned out to be the intraday game-changer, achieving what rather hawkish ECB comments at the central bank’s annual forum in Sin...
Hawkish vibes from sintra
Market movers today Today is the last day of the ECB Forum on Central Banking in Sintra. A policy panel is scheduled with the heads of ECB, Fed, BoJ a...
Ecb's de guindos: july rate hike is set
There is more ground to be covered on ratesThat's as firm a commitment as you are going to get on next month's move. While the inflation data this wee...
Strong data and soft inflation boost appetite
US stocks shrugged off the early week pessimism on the back as of a set of strong economic data released yesterday. The durable goods orders rose – ...
