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Eurusd daily analysis – june 12, 2023
The EURUSD currency pair has recently broken above a key resistance level at 1.0778, indicating a potential completion of the previous downside move f...
Xrp and a choppy return to $1.00 in hands of the hinman docs
It is a quiet start to the week for XRP. However, the William Hinman speech-related docs are out on Wednesday, which will impact the broader market. T...
Pboc sets usd/ cny reference rate for today at 7.1212 (vs. estimate at 7.1214)
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...
Precious-gold ticks lower on firmer dollar, central bank meetings in focus
Gold prices edged lower in early Asian trade on Monday as the dollar held firm and investors positioned for a series of major central bank policy meet...
Usd/jpy ignores downbeat japan ppi, boj’s wakatabe to drop toward 139.00, focus on us inflation, fed
That said, Japan’s Producer Price Index (PPI) for May dropped for the fifth consecutive month to 5.1% YoY from 5.8% previous readings and 5.5% marke...
Gbp/usd holds steady near multi-week top as traders await this week’s key data/event risks
GBP/USD consolidates its recent gains to a multi-week high and oscillates in a range on Monday. Expectations for more BoE rate hikes continue to under...
Dow jones newswires: malaysia appoints new central bank governor
Malaysia appointed Abdul Rasheed Ghaffour as its new central bank governor for a five-year term, effective July 1. Read Full Story The post Dow Jones ...
Iran's supreme leader said a deal with the west over the nuclear program is possible
Remarks from Ayatollah Ali Khamenei flagging the possibility of a nuke deal:"There is nothing wrong with the agreement [with the West], but the infras...
More than 400 small businesses in the philippines accept bitcoin payments — fintech firm
A payment fintech launched in 2021 says it is now enabling more than 400 small businesses to accept and process Bitcoin payments. Pouch.ph, the fintec...
Nzd/usd price analysis: kiwi retreats from key resistance around 0.6150
RSI conditions challenge bulls but immediate support line, 100-SMA restrict intraday fall. Read Full Story at source (may require registration) Author...
New zealand gdp forecasts revised lower
NZIER is the new Zealand Institute of Economic Research. Their latest Consensus Forecasts (these are an average of New Zealand economic forecasts comp...
The date syrup market is projected to reach us$ 692.3 million at a cagr of 5% during the forecast period of 2023 to 2033 | future market insights inc.
The United States date syrup market is projected to register a share of 13% during the forecast period. Date syrup is highly demanded in the food & be...
Difficult to see a meaningful 20% correction in equities: gokul laroia
There’s no question. Even though inflation is high, rates are high, and there’s concern about whether there’s going to be a recession, the marke...
Aud/usd bulls struggle with 0.6750 hurdle on australia holiday, us inflation, fed eyed
Although the AUD/USD pair crosses the key hurdle to the north surrounding 0.6740, comprising a downward-sloping trend line from mid-February, the 200-...
How a hawkish fed could kill a baby bull-market rally in u.s. stocks
How a hawkish Fed could kill a baby bull-market rally in U.S. stocks Read Full Story The post How a hawkish Fed could kill a baby bull-market rally in...
Btc bears to target sub-$25,000 amidst intensifying crypto scrutiny
After a bearish week, BTC will need US lawmaker support to change the narrative. Barring intervention, increased SEC activity will remain a headwind. ...
Pboc is expected to set the usd/cny reference rate at 7.1214 – reuters estimate
People's Bank of China USD/CNY reference rate is due around 0115 GMT.The People's Bank of China (PBOC), China's central bank, is responsible for setti...
China state-controlled financial media says pboc may cut mlf rate by 5 to 10 bp this week
Securities Daily says there may be a cut to the Medium Term Lending Facility. The MLF will be set on Thursday, the 15th. The MLF sets the stage for Lo...
Eco data 6/12/23
The post Eco Data 6/12/23 appeared first on Action Forex......
Boj dep gov wakatabe - don't expect a change from boj at this week's, june, meeting
Bank of Japan (BOJ) Deputy Governor Masazumi Wakatabe. Letting the cat out of the bag already?No change is expected anyway:Bank of Japan to remain on ...
Japan ppi (may) -0.7% m/m (expected -0.2%)
Japan PPI, AKA Corporate Goods Price Index. This is 'wholesale' level inflation, the price that firms charge each other for products.PPI -0.7% m/mexpe...
Aud/usd and nzd/usd fundamental analysis: us cpi in focus
It is a quiet day ahead for the AUD/USD and Kiwi. There are no economic indicators to consider, leaving investors to consider tomorrow’s US CPI Repo...
Bank of japan to remain on hold at its meeting this week - preview
The Bank of Japan monetary policy meeting is on Thursday and Friday this week. The 15th and 16th of June.The statement will be Friday, most likely in ...
Eur/usd grinds near mid-1.0700s as fed vs. ecb play gains attention
Tuesday’s US CPI will kick-start the busy calendar and volatile week. Read Full Story at source (may require registration) The post EUR/USD grinds n...
Bcc said the uk economy will probably avoid recession. bci says the same now.
On Friday the British Chambers of Commerce (BCC), a business lobby group, said the UK economy would probably avoid a recession. “We are on course to...
Gold price forecast: xau/usd eases to $1,960 ahead of us inflation, fed announcements
Should the Gold Price break the $1,943 support, the previous monthly low of near $1,932 and the 61.8% Fibonacci Expansion (FE) of the XAU/USD’s move...
New zealand data - may retail sales -1.7% m/m 9exp +0.3%)
Data for purchases made in New Zealand on debit, credit and store cards. Sales on electronic cards cover about 68% of core retail sales in New Zealand...
Baseline factors associated with congestive heart failure in patients receiving etoricoxib or diclofenac: multivariate analysis of the medal program
Aims: Non-steroidal anti-inflammatory drugs have been associated with increased risk of congestive heart failure (CHF). We aimed to assess the impact ...
Ubs is looking for a lower usd
The US dollar view from UBS is via its equity analyst folks, saying that they'd rather look for overseas growth to fund equity valuations, with a lowe...
Vtnr deadline tomorrow: rosen, a globally respected law firm, encourages vertex energy, inc. investors with losses in excess of $100k to secure counsel before important june 12 deadline in securities
NEW YORK, June 11, 2023 (GLOBE NEWSWIRE) — WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Vertex Energy...
Vtnr deadline tomorrow: rosen, a globally respected law firm, encourages vertex energy, inc. investors with losses in excess of $100k to secure counsel before important june 12 deadline in securities
NEW YORK, June 11, 2023 (GLOBE NEWSWIRE) — WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Vertex Energy...
Vtnr deadline tomorrow: rosen, a globally respected law firm, encourages vertex energy, inc. investors with losses in excess of $100k to secure counsel before important june 12 deadline in securities
NEW YORK, June 11, 2023 (GLOBE NEWSWIRE) — WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Vertex Energy...
Vtnr deadline tomorrow: rosen, a globally respected law firm, encourages vertex energy, inc. investors with losses in excess of $100k to secure counsel before important june 12 deadline in securities
NEW YORK, June 11, 2023 (GLOBE NEWSWIRE) — WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Vertex Energy...
Vtnr deadline tomorrow: rosen, a globally respected law firm, encourages vertex energy, inc. investors with losses in excess of $100k to secure counsel before important june 12 deadline in securities
NEW YORK, June 11, 2023 (GLOBE NEWSWIRE) — WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Vertex Energy...
Sba offers disaster loans to individuals, businesses impacted by davenport apartments collapse
Low-interest federal disaster loans are available to individuals and businesses affected by the partial collapse of building at 324 Main Street in Dav...