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Aud/usd price analysis: bounces off multi-week low, shows resilience below 61.8% fibo.
AUD/USD drops to a fresh multi-week low in reaction to the softer Australian CPI print. The technical setup favours bearish traders and supports prosp...
Chart art: is nzd/usd in for more losses?
NZD/USD just got rejected from a downtrend resistance! Will this lead to the pair making new lows in the next few days?......
Us dollar treads water ahead of titanic ecb gathering. will eur/usd break the range?
The Euro backed away from the overnight peak against the US Dollar as markets wait with bated breath for the ECB’s much-anticipated gathering of cen...
Fraudsters may have stolen $200 billion in federal covid relief funds, new report says
The new estimate from the Small Business Administration’s watchdog would be nearly one-fifth of all the money disbursed in two federal aid programs ...
Kotak institutional equities downgrades tech mahindra to ‘add’ from ‘buy’
Brokerage firm Kotak Institutional Equities has downgraded Tech Mahindra Ltd to add from buy rating. The downgrade comes after the stock rallied 10 pe...
A couple of releases to move things along in europe today
The dollar is holding steady in the new day as we continue to see USD/JPY inch closer towards the 145.00 mark. There is growing talk of intervention b...
Aud/usd daily report
Daily Pivots: (S1) 0.6663; (P) 0.6692; (R1) 0.6716; More… AUD/USD’s fall from 0.6898 resumed after brief recovery and intraday bias is back on the...
Aussie tumbles on cpi data, markets eye comments from central bankers
Australian Dollar is experiencing a wild ride this week, tumbling in Asian trading hours due to lower-than-anticipated CPI results. The “encouraging...
Draftkings no longer pursuing acquisition of pointsbet’s u.s. business
BOSTON, June 28, 2023 (GLOBE NEWSWIRE) — DraftKings Inc. (Nasdaq: DKNG) today announced that the company is no longer pursuing the acquisition of th...
Defaults are mounting for covid-19 relief loans. sba watchdog says fraud could be a $200b factor.
“Common-sense dictates that a bad actor would not fraudulently obtain a loan, only to repay it with interest.,” DeVries said, adding the IG did no...
Millions of sba’s ppp, eidl loans in default or late
Businesses have defaulted on hundreds of thousands of the Small Business Administration’s Paycheck Protection Program and Covid Economic Injury Disa...
Usd/cad builds on softer canadian cpi-inspired recovery from ytd low, retakes 1.3200
The USD/CAD pair builds on the previous day’s goodish rebound from the 1.3115 area, or its lowest level since September 2022 and gains positive trac...
Usd/inr price analysis: indian rupee justifies tuesday’s doji to tease buyers around 82.00
Bearish Doji, U-turn from 200-DMA directs Indian Rupee buyers towards 10-week-old rising trend line. RSI, MACD conditions suggest limited downside roo...
Pnc bank business loans review: june 2023
PNC Bank may be a good choice for a loan. Learn about loan types, terms, and eligibility requirements for a loan from PNC Bank. Read Full Story at sou...
Early measures focus on alleviating nigeria’s debt stress
A few days after Nigeria’s new president took office in late May, about 80 of its business elite gathered around tables draped in gold cloth waiting...
Cad narrows to 0.2 per cent of gdp in q4 on account of moderation in trade deficit
NEW DELHI: The country’s current account deficit in the last quarter (January-March) of FY23 registered a significant decline at USD 1.3 billion (Rs...
Aussie thrown a bit of a curveball via inflation data today
AUD/USD is down 0.6% on the day to 0.6645 and it is mostly to do with the monthly inflation numbers here. That might be reason for the RBA to switch t...
S&p 500 futures (es) looking to extend rally higher
Short term Elliott Wave View in E-mini S&P 500 Futures (ES) suggests the rally from 3.13.2023 low is in progress as a 5 waves impulse Elliott Wave str...
Gbp to usd forecasts: bears eye sub-$1.27 on bailey and powell
It is a relatively busy day for the GBP to USD. Bank of England and Federal Reserve chatter will provide direction ahead of Key stats on Friday. The p...
Eur/usd bulls need a favorable powell speech to retarget $1.10
It is a relatively quiet day ahead for the EUR/USD. While German stats will draw interest, The ECB’s Lagarde and Lane and Fed Chair Powell will infl...
Watchguard threat lab report reveals new browser-based social engineering trends
Key findings from the research also show three of the four new malware threats on this quarter’s top-ten list originated in China and Russia, living...
Anz still expect a rate rise from the rba next week, a +25bp cash rate hike
An unchanged call for the Reserve Bank of Australia even after the better inflation figures earlier:ForexLive Asia-Pacific FX news wrap: Australian in...
Aud/cad’s fall taking off after cpi from au and ca
Australian Dollar falls broadly after data showed that CPI slowed much more than expected in May. Some economists are now seeing consumer inflation, a...
Asian equities mixed; aussie dollar slumps on cpi: markets wrap
Asian stocks were mixed on Wednesday after a rally on Wall Street that was fuelled by strength in US consumer confidence and home sales. The Australia...
Australian dollar slides after cpi data; how much more downside in aud/usd?
AUD dropped after Australia’s monthly CPI indicator showed price pressures moderated more than expected last month. What is the outlook for AUD/USD ...
Head of volkswagen in china asked premier li qiang for clarity on new anti-espionage law
Earlier this year concerns were raised over China's new law against espionage that tightens state control over a wider swath of data and digital activ...
Australian dollar slides after cpi data; how much more downside in aud/usd?
AUD dropped after Australia's monthly CPI indicator showed price pressures moderated more than expected last month. What is the outlook for AUD/USD ah...
Silver price analysis: $23.00 resistance confluence prods xag/usd bulls at weekly top
Silver Price (XAG/USD) struggles to defend the four-day-old winning streak as it retreats from the weekly top surrounding $23.10 to $22.90 during earl...
Australia cpi slowed to 5.6% yoy in may, lowest in more than a year
Australia monthly CPI slowed notably from 6.8% yoy to 5.6% yoy in May, below expectation of 6.1% yoy. That’s also the lowest reading in more than a ...
Hang seng index, asx200, nikkei 225: asx 200 breaks out on cpi numbers
It was a mixed morning for the Hang Seng Index and the broader Asian markets. While Fed Fear lingered, stats from Australia supported the ASX 200. The...
Russia's energy ministry says gasoline exports down 30% in june from may
Statement from Russian Energy Ministry via Reuters:Says Russia's gasoline exports fell 30% in June from MayRussian refineries' gasoline production up ...
Bitcoin price analysis: btc bulls in control above $29,500
Bitcoin price is showing positive signs above $29,000 against the US Dollar. BTC might correct lower but dips could be limited below the $29,500 zone....
All you need to know about usd, eur, gbp & cad
This repricing has not favored the USD, as it has weakened against all G10 currencies except the JPY. If the market prices out rate cuts due to dimini...
Gold price could extend losses below $1,900
Key Highlights Gold price is struggling to clear the $1,935 resistance. A major bearish trend line is forming with resistance near $1,928 on the 4-hou...
Technicals and triggers – usd/jpy
USDJPY Yen sellers remain in control as traders become skeptical that Japan officials follow through on intervention threats. The yen has steadily wea...
