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Yen hopes for fx intervention
The Yen has been under pressure, losing 3.5% against the Dollar and over 5.6% against the Euro since the beginning of the month. The EURJPY has risen ...
Fraudsters may have stolen $200 billion in pandemic business loans: inspector general
The Small Business Administration paid out $1.2 trillion in pandemic loans and more than $200 billion of that may have gone to fraudsters, according t...
Precious-gold prices steady on softer dollar, focus on economic cues
June 27 (Reuters) – Gold prices held steady with support from a softer dollar on Tuesday after the metal registered … on concern over the European...
Aud/nzd price analysis: renews monthly low around 1.0800 on downbeat australia cpi
That said, Australia’s Monthly Consumer Price Index (CPI) for May drops to 5.6% YoY versus 6.1% expected and 6.8% prior. The same amplifies concerns...
Usd/jpy trades with modest intraday losses, below 144.00 amid intervention fears
The USD/JPY pair comes under some selling pressure during the Asian session on Wednesday and erodes a part of the previous day’s gains to levels bey...
Eur/usd price analysis: 100/200-hour smas confluence holds the key ahead of fed’s powell
EUR/USD meets with some supply on Wednesday and is pressured by a modest USD strength. Any subsequent decline could find decent support near the 100/2...
Eurjpy wave analysis
EURJPY under bullish pressure Likely to rise to resistance level 160.00 EURJPY under the bullish pressure after the price broke the resistance level 1...
S&p 500 index wave analysis
S&P 500 reversed from support level 4330.0 Likely to rise to resistance level 4450.00 S&P 500 index recently reversed up from the key support level 43...
Forexlive asia-pacific fx news wrap: australian inflation surge slows a little
The Swiss National Bank will be publishing a report on monetary policy on WednesdayBOJ will intervene if USD/JPY threatens break of 150: "intervention...
Dow jones newswires: australia’s inflation tamer than expected in may; could prompt rba to pause
Australia’s monthly inflation reading was much tamer than expected in May, potentially giving the Reserve Bank of Australia time to sit on the sidel...
Gold steadies near three-month lows after strong us data; eye on data
(Reuters) – Gold prices hovered near three-month lows as upbeat U.S. economic reports made a strong case for rates being higher, yet traders awaited...
Aud/usd drops to over three-week low, eyes 0.6600 mark on softer australian cpi
The AUD/USD pair meets with a fresh supply during the Asian session on Wednesday and dives to the 0.6620-0.6615 area, or over a three-week low in reac...
The swiss national bank will be publishing a report on monetary policy on wednesday
The Swiss National Bank (SNB)'s Quarterly Bulletin for Q2 2023 will be released at 1300 GMT, which is 0900 US Eastern time. The Bulletin typically inc...
Readers share their thoughts on salespeople, lab-grown diamonds, cad design and more
Rebecca Larson, Barry Peterson Jewelers, Ketchum, ID I recently had an interesting comment from a client who was considering the purchase of a lab-gro...
Gold edges up, but downward pressure may continue
Gold prices were slightly higher in early Asian trade, as investors weigh hawkish signals from central banks around the world with rising worries over...
First mover asia: bitcoin maintains $30k as ‘the economy isn’t breaking just yet’
The market remains optimistic about a bitcoin ETF, and good economic data from the U.S. is keeping it in the green. Insights: Singapore’s ease of do...
More than $200 billion in pandemic relief squandered, says government watchdog report
The federal government squandered more than $200 billion in its rush to prop up small businesses during the COVID-19 pandemic, according to a governme...
Gbp/usd price analysis: 200-hour sma caps the upside ahead of boe’s bailey, fed’s powell
The GBP/USD pair struggles to make it through the 200-hour Simple Moving Average (SMA) and edges lower during the Asian session on Wednesday. Spot pri...
Pound sterling price news and forecast: gbp/usd ticks lower albeit lacks follow-through
GBP/USD defends the previous day’s notable rebound, as well as the first daily gains in four, as it makes rounds to 1.2750 during early Wednesday mo...
Cad shrinks to just 0.2% of gdp in the march quarter as trade deficit narrows
Indias external sector performance improved as the current account, net of export and import of goods and services, ended in a modest deficit of 0.2% ...
Stock radar: this stock from tyres sector can hit fresh highs in next 3 months, says incred equities’ gaurav bissa
“This stock has been in a 2-year consolidation and recently gave a breakout from this phase. The stock has also witnessed a breakout from a 5-year r...
Bitcoin briefly pushes above $31k after fidelity spot etf report
Bitcoin (BTC) saw a mid-morning price surge after The Block reported asset management giant Fidelity was preparing to file for a spot bitcoin ETF as s...
China industrial profits data for may fall again - nbs cites hit from insufficient demand
Chinese Industrial Profit for May comes in at -12.6% y/yprior -18.2%For the YTD January - MaY period Industrial Profits are -18.8% y/yprior -20.6%Chin...
Australian dollar marked lower with the cpi data coming in well under what was expected
The headline monthly rate for May came in well under consensus and should take an Reserve Bank of Australia rate hike off the table at the July 4 meet...
Decoding the forex market: is trading forex profitable for traders?
The foreign exchange market, commonly known as Forex, has gained significant popularity among traders due to its potential to generate substantial pro...
Australian monthly cpi (may) 5.6% y/y (vs. expected 6.1%)
A much better inflation figure from Australia that probably takes a July rate hike off the table. Comes in at 5.6% y/y, a 13 month lowexpected 6.1%, p...
Green ammonia market to hit us$ 14,761.3 million by 2033, amid rising investments by key players in facilities are augmenting growth | future market insights, inc.
The United States is expected to remain one of the robustly growing markets for the consumption and production of green ammonia across the globe. The ...
Nzd/usd flirts with daily low around mid-0.6100s, softer usd helps limit losses
The NZD/USD pair extends the overnight rejection slide from the 0.6200 mark and remains under some selling pressure through the Asian session on Wedne...
Gold price leaks lower as us dollar dithers ahead of powell. lower xau/usd?
RT @KobeissiLetter: The S&P 7, also known as $NVDA, $META, $AAPL, $MSFT, $AMZN, $AAPL, and $GOOGL, is up sharply today. Most … The gold price is lan...
Pboc sets usd/ cny mid-point today at 7.2101 (vs. estimate at 7.2092)
People's Bank of China set the onshore yuan (CNY) reference rate for the trading session ahead.USD/CNY is the onshore yuan. Its permitted to trade plu...
Exploring mobile apps for forex trading
Forex trading, also known as foreign exchange trading, is the act of purchasing and selling currencies on a national or international market. Due to i...
Understanding the islamic perspective: is forex trading halal or haram?
In today’s globalized economy, forex trading has gained significant popularity as a means of financial investment. However, for individuals adhering...
Costco to clamp down on sharing of membership cards
Costco to clamp down on sharing of membership cards Read Full Story The post Costco to clamp down on sharing of membership cards appeared first on For...
On usd/jpy towards 145: "we are now approaching fx intervention territory "
I posted earlier on the l;evel to watch according to NAB:145-150 in USD/JPY nominated as the area to watch for Bank of Japan yen interventionMore from...
Btc bulls to target $31,500 on improved us economic outlook
BTC was under pressure this morning. After a bullish Tuesday session, Fed Chair Powell will move the dial this afternoon as US slowdown fears abate. T...
