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Usd/cad traces us dollar rebound to aim for 1.3400 on downbeat oil price, canadian employment eyed
09/06/2023 06:44

Usd/cad traces us dollar rebound to aim for 1.3400 on downbeat oil price, canadian employment eyed

USD/CAD takes offers to 1.3360 while reversing from the intraday high as it prepares for Canada employment data for May on early Friday. In doing so, ...

Aapl: the double three is complete. we are waiting for a fall in the new trend.
09/06/2023 06:43

Aapl: the double three is complete. we are waiting for a fall in the new trend.

Today we will consider the situation on AAPL shares. Apparently, the market is forming a correction pattern – a cycle zigzag a-b-c. Correction b is ...

Packaging printing market to rise from usd 410 billion in 2023 to usd 600 billion by 2030, exhibiting growth at a rate of 8.00% from 2023 to 2030 – report by market research future (mrfr)
09/06/2023 06:42

Packaging printing market to rise from usd 410 billion in 2023 to usd 600 billion by 2030, exhibiting growth at a rate of 8.00% from 2023 to 2030 – report by market research future (mrfr)

Packaging Printing Market Research Report Information By Printing Technology (Flexography, Gravure, and Digital), by Application (Food & Beverage, Per...

Major currencies not doing a whole lot so far today
09/06/2023 06:40

Major currencies not doing a whole lot so far today

Here's the snapshot as we look to get into European trading:As you can see, dollar pairs are mostly holding within 0.1% change to one another with the...

Methane market to see growth at a rate of 6.10% and rise from usd 95.4 billion in 2023 to usd 153.2 billion by 2032 – report by market research future (mrfr)
09/06/2023 06:35

Methane market to see growth at a rate of 6.10% and rise from usd 95.4 billion in 2023 to usd 153.2 billion by 2032 – report by market research future (mrfr)

Methane Market Research Report Information By Source (Natural and Synthetic), By Application (Fuel, Natural Gas, Liquefied Natural Gas, Liquid-Methane...

Diageo names debra crew as chief executive officer
09/06/2023 06:30

Diageo names debra crew as chief executive officer

Diageo names Debra Crew as chief executive officer Read Full Story The post Diageo names Debra Crew as chief executive officer appeared first on Forex...

Pound to dollar rate surges to 1.254 as us labour market cools
09/06/2023 06:29

Pound to dollar rate surges to 1.254 as us labour market cools

The Pound US Dollar (GBP/USD) exchange rate strengthened on Thursday. The pairing was bolstered by a greater-than-forecast rise in US jobless claims w...

European markets seen opening firm amidst rising hopes of fed’s pause
09/06/2023 06:27

European markets seen opening firm amidst rising hopes of fed’s pause

Markets in Europe are expected to open on a strong note on Friday amidst renewed hopes of a pause by the Federal Reserve in the review next week, foll...

Intraday analysis – usd falls back
09/06/2023 06:18

Intraday analysis – usd falls back

USDJPY tests support The Japanese yen clawed back losses after the Q1 GDP beat expectations. The price is consolidating its gains after clearing the m...

Euro a good buy against swiss franc at 0.9750 eurchf say hsbc
09/06/2023 05:59

Euro a good buy against swiss franc at 0.9750 eurchf say hsbc

Foreign exchange analysts at HSBC Bank suggest the Euro to Swiss Franc (EUR-CHF) exchange rate is a good buy at 0.9750, aiming for a target of 0.9950 ...

Eur/usd retreats toward 1.0750 as markets reassess fed, ecb bets after a blow
09/06/2023 05:59

Eur/usd retreats toward 1.0750 as markets reassess fed, ecb bets after a blow

Sluggish markets may allow Euro buyers to take a breather but bear’s return appears doubtful. Read Full Story at source (may require registration) T...

Trade ideas thread - european session 9 june 2023
09/06/2023 05:51

Trade ideas thread - european session 9 june 2023

The dollar certainly kept things interesting on the week, after nudging lower following the weekly jobless claims data. It seemed like markets were co...

The role of zero-knowledge proofs in bitcoin security
09/06/2023 05:44

The role of zero-knowledge proofs in bitcoin security

Zero-knowledge proofs have been a viable tool for boosting Bitcoin security in recent years. We will examine the importance of zero-knowledge proofs i...

Gbp to usd forecasts: bulls eye a return to $1.26 on fed bets
09/06/2023 05:43

Gbp to usd forecasts: bulls eye a return to $1.26 on fed bets

The GBP to USD was under pressure this morning. A lack of stats from the UK leaves the investors to consider the economic and BoE policy outlook. The ...

Fx option expiries for 9 june 10am new york cut
09/06/2023 05:41

Fx option expiries for 9 june 10am new york cut

There are a couple to take note of, as highlighted in bold.They are both for USD/JPY at 139.00 and 14.00 respectively and the expiries should keep pri...

European economic news preview: italy industrial production data due
09/06/2023 05:40

European economic news preview: italy industrial production data due

Industrial production from Italy is the only major statistical report due on Friday, headlining a light day for the European economic news. At 2.00 am...

Oil price forecast:  lower on demand concerns, us-iran nuclear deal uncertainty
09/06/2023 05:30

Oil price forecast: lower on demand concerns, us-iran nuclear deal uncertainty

WTI oil prices slid due to demand concerns, US-Iran uncertainty, rising fuel stocks, weak exports, and mixed central bank signals. The post Oil Price ...

Usd/jpy sticks to gains near daily peak, around 139.30 on modest usd strength
09/06/2023 05:29

Usd/jpy sticks to gains near daily peak, around 139.30 on modest usd strength

The USD/JPY pair attracts some dip-buying near the 138.75 region, or a fresh weekly low touched during the Asian session on Friday and recovers a part...

China cpi ticked up to 0.2% yoy in may, but ppi down -4.6% yoy
09/06/2023 05:23

China cpi ticked up to 0.2% yoy in may, but ppi down -4.6% yoy

China CPI ticked up slightly from 0.1% yoy to 0.2% yoy in May, above expectation of 0.1% yoy. Core CPI, which excludes volatile food and energy prices...

Boj to persist with monetary easing amid inflation uncertainty, says ueda
09/06/2023 05:18

Boj to persist with monetary easing amid inflation uncertainty, says ueda

BoJ is committed to maintaining its monetary easing policy as it seeks to sustainably achieve its 2% inflation target, stated BOJ Governor Kazuo Ueda ...

Chart art: trend continuation trade for gold (xau/usd)?
09/06/2023 05:01

Chart art: trend continuation trade for gold (xau/usd)?

Spot gold is consolidating near a key inflection point! Will it lead to a bullish or bearish breakout?......

New zealand dollar boosted by low volatility; what’s next for nzd/usd, aud/nzd, eur/nzd?
09/06/2023 05:00

New zealand dollar boosted by low volatility; what’s next for nzd/usd, aud/nzd, eur/nzd?

The suspension of the US debt ceiling, the resilience of the global economy, and hopes that US interest rates are peaking have boosted risk-sensitive ...

Dax set for a bullish open on easing fed rate hike jitters
09/06/2023 04:52

Dax set for a bullish open on easing fed rate hike jitters

After a bullish Thursday, the DAX futures point to a bullish open. However, a lack of stats will leave recession and hawkish ECB policy jitters to tes...

Boc’s beaudry: data since april tipped the balance for rate hike
09/06/2023 04:51

Boc’s beaudry: data since april tipped the balance for rate hike

Paul Beaudry, Deputy Governor of BoC, has shed more light on the unexpected 25bps rate hike that took place this week. In a speech, he explained that ...

Binance.us stops usd services, asks users to withdraw fiats
09/06/2023 04:51

Binance.us stops usd services, asks users to withdraw fiats

Binance.US announced today the suspension of USD deposits and indirectly urged users to withdraw their fiat deposits from the platform. The banking pa...

Pound sterling price news and forecast: gbp/usd pares the biggest daily jump in three months at monthly peak
09/06/2023 04:44

Pound sterling price news and forecast: gbp/usd pares the biggest daily jump in three months at monthly peak

GBP/USD buyers take a breather at the highest level in one month, making rounds to 1.2550 during early Friday morning in Europe. In doing so, the Cabl...

Dollar dealt a blow as we move towards final stretch of the week
09/06/2023 04:42

Dollar dealt a blow as we move towards final stretch of the week

It seemed like markets were content to wait on the US CPI data and Fed decision next week, so it definitely caught me by surprise that there was quite...

Cliff notes: inflation’s cost
09/06/2023 04:31

Cliff notes: inflation’s cost

Key insights from the week that was. Q1 GDP for Australia came in broadly as anticipated at 0.2%, 2.3%yr. Household spending managed to lift by only 0...

Gold set for weekly rise on fed rate pause expectations
09/06/2023 04:29

Gold set for weekly rise on fed rate pause expectations

Gold prices edged lower on Friday after climbing more than 1% in the previous session, although hopes of a likely pause on interest rate hikes by the ...

Gbp/usd price analysis: grinds below 1.2600 within fortnight-old bullish channel
09/06/2023 04:29

Gbp/usd price analysis: grinds below 1.2600 within fortnight-old bullish channel

GBP/USD buyers take a breather at the highest level in one month, making rounds to 1.2550 during early Friday morning in Europe. In doing so, the Cabl...

Usd/jpy could correct lower toward 138.00
09/06/2023 04:28

Usd/jpy could correct lower toward 138.00

Key Highlights USD/JPY started a downside correction from the 141.00 resistance. A key bearish trend line is forming with resistance near 140.00 on th...

Dow futures (ym) rallying higher as impulse
09/06/2023 04:26

Dow futures (ym) rallying higher as impulse

Short Term Elliott Wave in Dow Futures (YM) suggests rally from 3.15.2023 low is in progress as a 5 waves impulse Elliott Wave structure. Up from 3.15...

Hang seng index, asx200, nikkei 225: jobless claims eased fed fear
09/06/2023 04:15

Hang seng index, asx200, nikkei 225: jobless claims eased fed fear

It was a bullish morning session for the Hang Seng and broader Asian markets, with investors brushing aside inflation numbers from China. The post Han...

Usdchf wave analysis
09/06/2023 04:14

Usdchf wave analysis

USDCHF reversed from pivotal resistance level 0.9100 Likely to fall to support level 0.8940 USDCHF recently reversed down sharply from the pivotal res...

Gold price today, 9 june: gold shifts between gains and losses; resistance at rs 60,120, support at rs 59,760
09/06/2023 04:14

Gold price today, 9 june: gold shifts between gains and losses; resistance at rs 60,120, support at rs 59,760

Gold prices were flat in trade on Friday after gaining in the previous session on US weekly jobless claims and possibility of a pause in the rate hike...


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