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Forex setup of the week: simple usd/cad range play ahead of boc decision
With the BOC decision and Canadian jobs data coming up, I’m looking at this textbook setup on a Loonie pair this week......
Fx option expiries for 5 june 10am new york cut
There aren't any particularly large ones to take note of for today.However, there are some decent sized ones for EUR/USD and USD/CAD near the current ...
Gold eases as firmer dollar offsets support from bets on fed pause
Gold prices edged lower in rangebound trading on Monday as the dollar firmed after a strong U.S. payrolls report, overshadowing support from prospects...
Precious-gold eases as firmer dollar offsets support from bets on fed pause
Gold prices edged lower in rangebound trading on Monday as the dollar firmed after a strong U.S. payrolls report, overshadowing support from prospects...
Pmi data on the agenda in europe today
So, the dollar managed to regain its mojo again at the end of last week. In my view, that was a bit surprising given the reaction in equities and cons...
Can uk pensions lifeboat come to rescue of equities?
The pensions industry has been divesting UK equities over a long period. Since 2008, according to PPF data, the UK’s £1.4tn DB pensions system has ...
Pound sterling price news and forecast: gbp/usd extends the previous day’s reversal from three-week high
GBP/USD remains on the back foot around 1.2430 as it stretches the post-NFP reversal from a three-week high during the early hours of Monday’s Asian...
Major currencies little changed ahead of european trading
The reaction to the US non-farm payrolls report on Friday was a bit of a tough one to figure out. The dollar reacted initially as you thought it would...
Usd/chf price analysis: bulls prod 0.9100, further upside appears difficult
USD/CHF picks up bids to 0.9105 as it clings to mild gains around 0.9100 during early Monday morning in Europe. In doing so, the Swiss Franc (CHF) pai...
Bitcoin, ethereum, dogecoin flat amid inflation fears: on-chain analytics firm says this could signal eth ‘on its way’ to $2k
Bitcoin barely flinched in response to an unexpectedly strong jobs report. Benjamin Cowen warned investors to brace themselves for a potential drop in...
Us debt ceiling resolution brings focus back to fed’s rate outlook: oil, hang seng index, gold
With the US debt default crisis averted which has been largely priced by markets previously, central focus this week could be shifted back to the US F...
Usd/cad kick-starts boc week on dicey floor above 1.3400 amid sturdy oil price, us dollar
BoC, Canada employment report will be the key for Loonie pair amid pre-FOMC blackout. Read Full Story at source (may require registration) The post US...
Eur/usd bears eye $1.0650 on us ism non-manufacturing pmi
It is a bearish start to the day for the EUR/USD. However, German trade data and euro area services PMIs could deliver support ahead of the US session...
Week ahead in fx (jun 5 – 9): watch out for rba, boc, and chinese cpi data
It’s gonna be another busy week in the markets, but this time the spotlight might be on the commodity currencies. Here’s why......
Usd/jpy bulls target 141 on us ism non-manufacturing pmi
It is a busy day for the USD/JPY. Earlier, PMI numbers from China delivered early support. However, US stats will need to impress to shift Fed sentime...
Exploring the future of decentralized storage: how datamall chain leads the way from three perspectives
San Jose, CA, June 04, 2023 (GLOBE NEWSWIRE) — The past few years have seen a gradual increase in the market demand for decentralized storage. With ...
Forexlive asia-pacific fx news wrap: oil price higher after saudis announce output cut
Analyst responses to Saudi oil output cut: ANZ maintains its year-end $100 Brent forecastJapan's Matsuno says monitoring impact of Saudi oil output cu...
Gold price forecast: xau/usd bears approach $1,930 support on upbeat us dollar, firmer yields
Gold Price (XAU/USD) stays on the bear’s radar for the second consecutive day as the precious metal renews intraday low near $1,945, extending the p...
Aud/usd rebounds from intraday low of 0.6590 on upbeat china caixin services pmi, us data, rba eyed
AUD/USD picks up bids to recover from intraday low on upbeat China data. China Caixin Services PMI for May matches upbeat market forecasts, Aussie inf...
Eur/usd recovery could face as bears remain in control
EUR/USD attempted a minor upside correction from 1.0635. It traded above a key bearish trend line with resistance near 1.0700 on the 4-hour chart. Loo...
Eur/usd price analysis: euro bears attack 1.0690-85 key support as us data looms
EUR/USD stays defensive as sellers flirt with 200-EMA, seven-month-old support line. Looming bull cross on MACD, below-50.00 RSI conditions prod Euro ...
Usdcad daily analysis – june 5, 2023
The USDCAD currency pair has been in a persistent downtrend since reaching a high of 1.3654. While there has been a recent bounce from the low of 1.34...
Usdjpy daily analysis – june 5, 2023
The USDJPY currency pair has experienced a significant pullback, reaching as low as 138.42. However, the subsequent bounce suggests that the pair rema...
Audusd daily analysis – june 5, 2023
The AUDUSD currency pair recently experienced a significant development as it broke above a falling trend line on the 4-hour chart. This breakout sugg...
Crude oil price jumps again after opec+ announced production cuts. higher wti?
Crude oil prices made solid gains to start the week on the back of OPEC+ reduced output targets with Saudi Arabia making the largest sacrifice in an e...
Precious-gold eases as firmer dollar counters bets of fed pause
June 5 (Reuters) – Gold prices edged lower on Monday as the dollar firmed on strong U.S. payrolls report, offsetting support from the prospects that...
Usd/jpy bulls trace firmer yields above 140.00, us pmis, japan gdp eyed
USD/JPY renews intraday high amid cautious mood, firmer yields. Downbeat Japan PMI versus strong US NFP adds strength to Yen pair’s run-up. US ISM S...
Eth staking statistics and withdrawal profile bring sub-$1,850 into view
ETH bucked the broader market trend on Sunday. Staking inflows fell through the weekend to the lowest level since mid=April, sending bearish signals. ...
Gbpusd daily analysis – june 5, 2023
The GBPUSD currency pair experienced a failed attempt to break above the resistance level at 1.2545, resulting in a pullback to 1.2425. The subsequent...
Eurusd daily analysis – june 5, 2023
The EURUSD currency pair experienced a pullback from its recent high of 1.0778 and subsequently reached a low of 1.0690. This price action suggests th...
China caixin / s&p global non-manufacturing pmi for may: 57.1 (vs. expected 55.2)
China Caixin / S&P Global PMIs for May:Services a solid beat at 57.1, fifth consecutive month of expansionexpected 55.2prior 56.4Composite 55.6prior 5...
Bitcoin little-changed around us$27,000, ether treads water; solana, xrp gain
Bitcoin traded little changed on Monday morning in Asia to hold above the US$27,000 threshold. Ether also traded flat, along with most other top 10 no...
Ygg sea rebrands to w3gg to reflect community-driven focus
NEW YORK, NY, June 04, 2023 (GLOBE NEWSWIRE) — YGG team is thrilled to announce that YGG SEA, the exclusive official guild partner of Yield Guild Ga...
Australian q1 data: business inventories +1.2% q/q (expected +0.5% q/q, prior -0.2%)
Business Inventories +1.2% q/qexpected +0.5% q/q, prior -0.2%inventories will be a 'partial' input into the Q1 GDP data, this +1.2% will be a boost to...
Asia day ahead: us debt ceiling resolution brings focus back to fed’s rate outlook
With the US debt default crisis averted which has been largely priced by markets previously, central focus this week could be shifted back to the US F...
