Subscribe To
Oil price forecast: futures extend decline amidst demand concerns
U.S. WTI crude oil futures are extending their decline, raising concerns over demand amidst interest rate hikes and a strong dollar. The post Oil Pric...
Japan cpi core eased to 3.2% in may, but core-core surged to 42-yr high
Japan CPI core eased from 3.5% yoy to 4.2% yoy in in May. CPI core (ex-fresh food) fell from 3.4% yoy to 3.2% yoy. CPI core has now stayed above BoJ�...
Gold set for worst week since early february: check out latest prices
The precious metal traded at three-month lows, and looked set for its biggest weekly fall since early February. Federal Reserve Chair Jerome Powell’...
Gold hits 3-month low on outsized boe hike, fed threat for more
Investing.com – The gold bull is trying to hang in there, but the macro picture isn’t helping. The front-month August gold contract on New York’...
Gbp to usd forecasts: bulls eye $1.2650 on economic growth angst
It is a busy day for the GBP to USD, with UK retail sales and private sector PMIs in focus. This afternoon, US PMIs and Fed chatter will also move the...
Dollar holds firmer towards the final stretch of the week
The dollar is sitting higher so far today, as it builds on the advance from yesterday. That came alongside higher Treasury yields, as markets take a b...
Business intelligence firm explains why it’s bullish on bitcoin
Michael Saylor of MicroStrategy says the “marketplace is starting to perceive that bitcoin is the winner,” adding that Wall street firms and mains...
Japan pmi manufacturing fell to 49.8, services down to 54.2
Japan PMI Manufacturing declined from 50.6 to 49.8 in June, below expectation of 50.2. PMI Manufacturing Output fell from 50.9 to 48.3. PMI Services d...
Australia pmi composite fell to 50.5, rba has time on their side
Australia PMI Manufacturing ticked up from 48.4 to 48.6 in June. PMI Services fell from 52.1 to 50.7. PMI Composite declined from 51.6 to 50.5. Warren...
Gold rally cracks: to what extent xau/usd could fall?
Gold’s fall below key support confirms that the multi-week upward pressure has faded as hawkish central bank rhetoric and improving broader risk sen...
Eur/usd corrects further from multi-week high, slides below mid-1.0900s ahead of pmis
The EUR/USD pair extends the overnight retracement slide from a six-week peak – levels just above the 1.1000 psychological mark – and drifts lower...
Hang seng index, asx200, nikkei 225: growth jitters fuel sell-off
The Hang Seng Index and the broader Asian equity markets were in the deep red this morning. Growth concerns and hawkish central banks weighed. The pos...
Chart art: aud/chf double bottom pullback
Missed the neckline breakout on AUD/CHF? If you’re still bullish on this one, make sure you check out this ongoing retest!......
Cliff notes: enduring pressures risk longer cycles
Key insights from the week that was. In Australia, the June RBA meeting minutes confirmed that, when it comes to achieving the inflation target, the B...
Usd/jpy extends rally as the bulls aim 144.00
Key Highlights USD/JPY started a fresh increase above the 142.00 resistance. A key bullish trend line is forming with support near 142.25 on the 4-hou...
Ethereum (ethusd) bullish rally looking like impulse structure
Short term view in Ethereum (ETHUSD) from 3.10.2021 low is in progress as a 5 waves impulse Elliott Wave structure. Up from 3.10.2021 low, wave 1 ende...
Gold demand drops as the us dollar recovers
Here’s the scoop on China’s gold demand. According to Bloomberg, the country’s economic slowdown is beginning to affect the sector, resulting in...
Cadjpy wave analysis
CADJPY broke resistance level 107.60 Likely to rise to resistance level 110. CADJPY under the bullish pressure after the earlier breakout of the resis...
Gold rally cracks: to what extent xau/usd could fall?
Gold’s fall below key support confirms that the multi-week upward pressure has faded as hawkish central bank rhetoric and improving broader risk sen...
Japan's government upgraded its assessment on the labour market, first time in 11 months
The Japanese government issued its June monthly assessment of the economy, ICYMI. In summary the report said:Japan's employment trends showed "improve...
Indians’ funds in swiss banks down 11% to rs 30k crore on dip in customer deposits
These figures also do not include the money that Indians, NRIs or others might have in Swiss banks in the names of third-country entities … Read Ful...
Rugby mining announces cad$1,000,000 non-brokered private placement
Rugby Resources Ltd. (“Rugby” or the “Company”) (TSX-V: RUG) announces that its board of directors has approved a proposed private placement o...
Gold prices set for worst week in 4-1/2 months on hawkish fed
Gold prices were poised for their largest weekly decline since February due to the increased probability of further interest rate hikes by the U.S. Fe...
Icymi: ubs expecting rising demand, falling inventory to support oil over northern summer
A note from UBS argues of higher oil prices in the coming months.Analysts at the bank cite:the seasonal rise in demand aheadand more visibility for la...
Eur/usd bears to target sub-$1.09 on private sector pmis
It is a busy day for the EUR/USD. Prelim private sector PMIs for June will draw interest, with ECB and Fed commentary also needing consideration. The ...
Hyderabad: gold prices take a tumble, investors seek alternative
The price of gold has gone down to Rs 60,700 per ten grams (24 carat) on WednesdayExisting investors are selling off their invested goldThere is curre...
Aud/usd price analysis: dives to two-week low, bears flirt with 100-day sma around 0.6715
Some follow-through selling below the 100-day SMA will pave the way for further losses. The AUD/USD pair remains under some selling pressure for the s...
Note - european central bank's schnabel is speaking over the weekend
We have ECB speakers coming up today:European Central Bank President Lagarde speaking Friday. Panetta (on crypto) & de Cos alsoAnd, on Saturday, 24 Ju...
Rosen, a global and leading law firm, encourages cutera, inc. investors with losses to secure counsel before important deadline in securities class action – cutr
NEW YORK, June 22, 2023 (GLOBE NEWSWIRE) — WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Cutera, Inc. ...
Usd/chf price analysis: stretches post-snb advances toward 0.8980 resistance confluence
USD/CHF picks up bids to refresh intraday high, extends post-SNB run-up amid downbeat market sentiment. Convergence of 50-SMA, fortnight-old descendin...
‘home improvement’ star zachery ty bryan amassed a bitcoin fortune, then spiraled amid domestic violence arrest, allegations of fraud
The 41-year-old seemed to have avoided the pitfalls of child stardom, then “he torched … all aspects of his life.” How did it all go so wrong? F...
Forexlive asia-pacific fx news wrap: usd added to its gains
Federal Reserve speakers on Friday are Bullard, Bostic, MesterEuropean Central Bank President Lagarde speaking Friday. Panetta (on crypto) & de Cos al...
Usd/jpy bears to target sub-142 on soft services pmi and the fed
It was a busy morning for the USD/JPY, with inflation and private sector activity in focus. However, Fed chatter and US stats will have more influence...
Federal reserve speakers on friday are bullard, bostic, mester
Federal Reserve Chair Powell spoke this week, indicating further Federal Open Market Committee (FOMC) hikes yet to come:Forexlive Americas FX news wra...
Nzd/usd drops to fresh daily low, around 0.6160 area amid renewed usd buying
The NZD/USD pair attracts fresh sellers following an early uptick to the 0.6190 region during the Asian session on Friday and turns lower for the seco...
