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Usd/jpy forecast:  price action subdued as fed rate hike expectations fade
07/06/2023 07:22

Usd/jpy forecast: price action subdued as fed rate hike expectations fade

USD/JPY traders await clarity on the Federal Reserve’s interest rate hiking campaign. The post USD/JPY Forecast: Price Action Subdued as Fed Rate Hi...

Xagusd triple zigzag pushes towards $30!
07/06/2023 07:15

Xagusd triple zigzag pushes towards $30!

In the long term, XAGUSD is forming a corrective trend consisting of cycle waves w-x-y-x-z. At the moment we see the construction of an intervening wa...

Usd/cad analysis: hangs near multi-week low as traders look to boc for fresh impetus
07/06/2023 07:14

Usd/cad analysis: hangs near multi-week low as traders look to boc for fresh impetus

USD/CAD rebounds from a multi-week low touched on Wednesday, albeit lacks follow-through. Sliding Crude Oil prices undermines the Loonie and lends sup...

Eur/usd breaks lower
07/06/2023 07:14

Eur/usd breaks lower

The pair has given up most of the gains from its mid-Mach rally and is heading towards the daily support of 1.0540. The latest bounce has met stiff se...

Exploring different types of cfds: equities, commodities, forex, and indices
07/06/2023 07:13

Exploring different types of cfds: equities, commodities, forex, and indices

Contracts for Difference (CFDs) have become extremely popular among traders and investors in today's thriving financial markets. Using CFDs, people ca...

Donchian channels vs bollinger bands: which is better?
07/06/2023 07:12

Donchian channels vs bollinger bands: which is better?

Similarities and differences between Bollinger bands and Donchian channels. Donchian channels vs. Bollinger bands: which one is better for trading?......

Oecd sees limited improvement in global growth prospects as rate hikes set to weigh
07/06/2023 07:11

Oecd sees limited improvement in global growth prospects as rate hikes set to weigh

Global growth seen at 2.7% in 2023, 2.9% in 2024 (previously 2.6% and 2.9% respectively)US growth seen at 1.6% in 2023, 1.0% in 2024 (previously 1.5% ...

European equities little changed at the open today
07/06/2023 07:04

European equities little changed at the open today

Eurostoxx -0.1%Germany DAX flatFrance CAC 40 -0.1%UK FTSE -0.2%Spain IBEX -0.2%US futures are also reflecting a similar mood, keeping little changed a...

Usdjpy technical analysis
07/06/2023 06:55

Usdjpy technical analysis

Last Friday's NFP report surpassed expectations once again, extending its record streak to 14. However, the report's details were less impressive. Not...

France april trade balance -€9.71 billion vs -€8.02 billion prior
07/06/2023 06:45

France april trade balance -€9.71 billion vs -€8.02 billion prior

Prior -€8.02 billion; revised to -€8.39 billionThe French trade deficit grew slightly in April as exports were seen down 1.0% on the month while i...

Usd/cad price analysis: loonie grinds within bearish channel, 1.3450 and boc in focus
07/06/2023 06:44

Usd/cad price analysis: loonie grinds within bearish channel, 1.3450 and boc in focus

USD/CAD aptly portrays the Loonie trader’s cautious mood ahead of the Bank of Canada (BoC) Interest Rate Decision as it pares recent losses around a...

Argo blockchain reports an increase in mined bitcoin
07/06/2023 06:44

Argo blockchain reports an increase in mined bitcoin

Argo Blockchain, the cryptocurrency miner, said it mined 173 Bitcoin or Bitcoin equivalents (BTC) in May, roughly 5.6 BTC per day. This represents a R...

Weekly data: gold and audusd in focus
07/06/2023 06:40

Weekly data: gold and audusd in focus

AUDUSD The Australian dollar had performed an uptick following the unexpected rise of the interest rate from RBA. This reaction might be temporary, th...

Circle singapore gains mas approval for digital payments service
07/06/2023 06:38

Circle singapore gains mas approval for digital payments service

Stablecoin issuer Circle has cemented its presence in Asia by obtaining a Major Payment Institution (MPI) license from the Monetary Authority of Singa...

British pound at mercy of peers in light data week: gbp/usd, gbp/jpy, gbp/aud price setups
07/06/2023 06:30

British pound at mercy of peers in light data week: gbp/usd, gbp/jpy, gbp/aud price setups

In a relatively light week regarding UK macro data, the British pound could be at the mercy of some of its peers. What is the outlook for GBP/USD, GBP...

As per latest trends, wire compounds and cable compounds market is expected to reach us$ 28 billion by 2033, expanding at a cagr of 7.2% | future market insights, inc.
07/06/2023 06:30

As per latest trends, wire compounds and cable compounds market is expected to reach us$ 28 billion by 2033, expanding at a cagr of 7.2% | future market insights, inc.

The wire compounds and cable compounds industry in the United States is expected to undergo significant growth in the coming years, with experts forec...

Pound sterling price news and forecast: gbp/usd remains pressured for the fourth consecutive day
07/06/2023 06:29

Pound sterling price news and forecast: gbp/usd remains pressured for the fourth consecutive day

GBP/USD remains pressured for the fourth consecutive day, fades bounces off intraday low. Fears of British economic woes, sluggish markets allow Cable...

Pound us dollar exchange rate ticks lower
07/06/2023 06:29

Pound us dollar exchange rate ticks lower

The Pound US Dollar (GBP/USD) exchange rate slipped on Tuesday. A negative risk tone pulled the pairing lower alongside a slowdown in the UK retail an...

Intraday analysis – eur struggles for support
07/06/2023 06:20

Intraday analysis – eur struggles for support

EURUSD breaks lower The Euro struggled after retail sales across the bloc remained flat in April. The pair has given up most of the gains from its mid...

Eurostoxx futures flat in early european trading
07/06/2023 06:15

Eurostoxx futures flat in early european trading

German DAX futures flatUK FTSE futures flatThis mirrors the mood in US futures as well, which are all little changed on the day. As much as stocks som...

Mondee holdings, inc. announces pricing of secondary offering of common stock by selling stockholders
07/06/2023 06:15

Mondee holdings, inc. announces pricing of secondary offering of common stock by selling stockholders

AUSTIN, Texas, June 07, 2023 (GLOBE NEWSWIRE) — Mondee Holdings Inc. (Nasdaq: MOND) (“Mondee” or the “Company”), a technology-driven, next-g...

Live australian dollar to new zealand dollar exchange rate (aud/nzd) today
07/06/2023 06:14

Live australian dollar to new zealand dollar exchange rate (aud/nzd) today

AUD/NZD Exchange Rate Forecast “Growing chance that the recent 1.0600 recent lows (and important support) will be heavily tested.” … Read Full S...

Gbp/usd drops back towards 1.2400 as us dollar grinds higher, uk pm sunak’s us visit eyed
07/06/2023 06:14

Gbp/usd drops back towards 1.2400 as us dollar grinds higher, uk pm sunak’s us visit eyed

GBP/USD refreshes intraday low as the US Dollar picks up bids to pare the early Asian session losses heading into Wednesday’s London open. In doing ...

Eur/usd faces stiff barricades around 1.0700 due to weak eurozone economic outlook
07/06/2023 06:14

Eur/usd faces stiff barricades around 1.0700 due to weak eurozone economic outlook

EUR/USD has retreated after facing barricades around 1.0700 amid a recovery in the USD Index. The German economy is going through a rough phase due to...

Pound to euro exchange rate: will hawkish speeches to boost eur?
07/06/2023 06:14

Pound to euro exchange rate: will hawkish speeches to boost eur?

The Euro (EUR) struggled for sustained demand on Tuesday amid worse-than-expected retail sales and German factory orders. Against expectations of a re...

German industrial production rises 0.3% versus a 0.6% forecast
07/06/2023 06:13

German industrial production rises 0.3% versus a 0.6% forecast

German industrial production rises modestly in April. However, the latest factory orders and manufacturing PMIs signal more pain ahead. The post Germa...

Vir biotechnology announces multiple abstracts highlighting new hepatitis b and d data accepted for presentation at easl™ congress 2023
07/06/2023 06:13

Vir biotechnology announces multiple abstracts highlighting new hepatitis b and d data accepted for presentation at easl™ congress 2023

– Data support the potential impact of VIR-2218 and VIR-3434 in addressing both HBV and HDV and underscore the Company’s confidence in its approac...

Ecb's schnabel: the impact of our policy on inflation expected to peak in 2024
07/06/2023 06:08

Ecb's schnabel: the impact of our policy on inflation expected to peak in 2024

However, there is great uncertainty over the strength and speed of this processAfter having been wrong for the longest of time on the inflation outloo...

Finding the lowest spread forex broker: securing the best deals for your trades
07/06/2023 06:04

Finding the lowest spread forex broker: securing the best deals for your trades

Overview In the fast-paced world of foreign exchange trading (Forex), finding a reliable and cost-effective broker is crucial for traders seeking to m...

Exploring forex indices and their role in trading
07/06/2023 06:04

Exploring forex indices and their role in trading

Overview With trillions of dollars changing hands every day, the foreign exchange market, or forex, is the biggest and most liquid financial market in...

Building a solid foundation: key principles for effective forex options trading
07/06/2023 06:03

Building a solid foundation: key principles for effective forex options trading

Overview Forex options trading presents a captivating opportunity for individuals to engage in the dynamic global currency markets. The allure of subs...

Arbutus to present ab-729 and ab-836 data at easl congress 2023
07/06/2023 06:01

Arbutus to present ab-729 and ab-836 data at easl congress 2023

WARMINSTER, Pa., June 07, 2023 (GLOBE NEWSWIRE) — Arbutus Biopharma Corporation (Nasdaq: ABUS), a clinical-stage biopharmaceutical company leveragin...

Cba sees one more rate hike by the rba, most likely in august
07/06/2023 06:00

Cba sees one more rate hike by the rba, most likely in august

Commonwealth Bank is one of Australia's "big four" but all of them got it wrong when it came to forecasting a decision for yesterday's RBA meeting. Th...

Germany april industrial production +0.3% vs +0.6% m/m expected
07/06/2023 06:00

Germany april industrial production +0.3% vs +0.6% m/m expected

Prior -3.4%; revised to -2.1%German industrial output increased slightly in April, but that comes after the sharp drop in March - despite a revision h...

Uk may halifax house prices 0.0% vs 0.0% m/m expected
07/06/2023 06:00

Uk may halifax house prices 0.0% vs 0.0% m/m expected

Prior -0.3%House prices -1.0% vs -0.9% y/y expectedPrior +0.1%The monthly reading may show no change in UK house prices but the annual reading has fal...


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