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Uk pmi manufacturing finalized at 47.1, downturn deepened
01/06/2023 09:12

Uk pmi manufacturing finalized at 47.1, downturn deepened

UK PMI Manufacturing was finalized at 47.1 in May, down from April’s 47.8, hitting the lowest level in four-months. S&P Global noted the output cont...

Eurozone pmi manufacturing finalized at 44.8, weakness in demand increasingly evident
01/06/2023 09:06

Eurozone pmi manufacturing finalized at 44.8, weakness in demand increasingly evident

Eurozone PMI Manufacturing was finalized at 44.8 in May, down from April’s 45.8, hitting the worst level in 36 months. PMI Manufacturing output drop...

Will ai change the fx/cfd industry? it’s a question of “how” not “if”
01/06/2023 09:05

Will ai change the fx/cfd industry? it’s a question of “how” not “if”

Despite the war in Ukraine, high inflation and changing interest rates, the business world has been focused from the start of 2023 on something else�...

Gold technical analysis
01/06/2023 09:04

Gold technical analysis

On the daily chart below, we can see that gold has recently bounced on the strong support zone at the 1934 level where we can find confluence with the...

Eurozone april unemployment rate 6.5% vs 6.5% expected
01/06/2023 09:00

Eurozone april unemployment rate 6.5% vs 6.5% expected

Prior 6.5%; revised to 6.6%The jobless rate in the euro area ticks a little lower after a revision to the March reading. Overall, this still points to...

Eurozone may preliminary cpi +6.1% vs +6.3% y/y expected
01/06/2023 09:00

Eurozone may preliminary cpi +6.1% vs +6.3% y/y expected

Prior +7.0%Core CPI +5.3% vs +5.5% y/y expectedPrior +5.6%Euro area inflation drops by more than estimated (for both the headline and core readings) a...

Usd/jpy: a surpass of 141.00 seems not favoured – uob
01/06/2023 08:59

Usd/jpy: a surpass of 141.00 seems not favoured – uob

GBP/USD is retreating from 1.2450 in the European morning, as the US Dollar looks to stabilize following the recent sell-off. Markets digest renewed d...

Gbp/usd retreats from over one-week high, slides back closer to 1.2400 amid stronger usd
01/06/2023 08:59

Gbp/usd retreats from over one-week high, slides back closer to 1.2400 amid stronger usd

GBP/USD pulls back from over a one-week high amid the emergence of fresh USD buying. A positive risk tone and reduced bets for more Fed rate hikes cou...

Bearish breakout in nzdusd; will it last?
01/06/2023 08:56

Bearish breakout in nzdusd; will it last?

NZDUSD has finally managed to break below the rectangle that has been dictating the price action since February 2023, as NZD bears continue to recover...

Audusd escapes bearish breakdown but bias weak
01/06/2023 08:55

Audusd escapes bearish breakdown but bias weak

AUDUSD bounced back above the nearby 0.6483 base, which has been buffering selling forces since the start of May, after a flash spike to a new six-mon...

Daily forex news and watchlist: aud/usd
01/06/2023 08:53

Daily forex news and watchlist: aud/usd

Break and retest alert! Will the area of interest on AUD/USD hold when US leading jobs indicators are released?......

Spring results: nasdaq 100 overtakes bitcoin
01/06/2023 08:53

Spring results: nasdaq 100 overtakes bitcoin

This is how prices for popular exchange-traded assets changed from March 1 to May 31........

Eur/usd: bears hold grip ahead of eu inflation report
01/06/2023 08:53

Eur/usd: bears hold grip ahead of eu inflation report

The Euro remains at the back foot in early Thursday despite Wednesday’s strong downside rejection and signal of bear-trap formation on daily chart, ...

Debt bill passed, where next for the dollar?
01/06/2023 08:45

Debt bill passed, where next for the dollar?

The House of Representatives has approved America to lift the debt ceiling. Forex pairs were slightly up for the dollar in early markets as the EURUSD...

Mumbai, june 1 following are the direct rates of exchange (dpe)
01/06/2023 08:44

Mumbai, june 1 following are the direct rates of exchange (dpe)

FOLLOWING ARE THE DIRECT RATES OF EXCHANGE (DPE) AS ANNOUNCED BY THE STATE BANK OF INDIA HERE TODAY. ( ALL RATES IN RUPEES PER UNIT ). Read Full Story...

Gold price forecast: 100-day ma provides support as gold eyes recovery
01/06/2023 08:44

Gold price forecast: 100-day ma provides support as gold eyes recovery

Spot Gold continues to struggle for a meaningful recovery as the Dollar Index (DXY) began the day on the front foot. Will the DXY continue to hamper g...

Top 3 price prediction bitcoin, ethereum, ripple: buy these new meme coins for huge gains
01/06/2023 08:44

Top 3 price prediction bitcoin, ethereum, ripple: buy these new meme coins for huge gains

Discover the top 3 price predictions for Bitcoin, Ethereum, and Ripple, then explore the potential of new meme coins for massive gains! Read Full Stor...

Match-trader technologies teams up with zulutrade for enhanced social trading
01/06/2023 08:36

Match-trader technologies teams up with zulutrade for enhanced social trading

In a move that consolidates its position in the trading sector, Match-Trade Technologies, creators of the acclaimed Match-Trader (MTR) platform, annou...

Eur/aud daily outlook
01/06/2023 08:22

Eur/aud daily outlook

Daily Pivots: (S1) 1.6393; (P) 1.6454; (R1) 1.6496; More… Intraday bias in EUR/AUD remains neutral for the moment, and further rise is in favor. Bre...

Eur/jpy daily outlook
01/06/2023 08:18

Eur/jpy daily outlook

Daily Pivots: (S1) 148.31; (P) 149.23; (R1) 149.87; More…. Intraday in EUR/JPY is mildly on the downside, as correctively pattern from 151.60 is pro...

Gbp/jpy daily outlook
01/06/2023 08:15

Gbp/jpy daily outlook

Daily Pivots: (S1) 172.70; (P) 173.20; (R1) 173.88; More… GBP/JPY is staying in consolidation from 174.25 and intraday bias remains neutral. Further...

Eur/chf daily outlook
01/06/2023 08:12

Eur/chf daily outlook

Daily Pivots: (S1) 0.9712; (P) 0.9732; (R1) 0.9754; More… Range trading continues in EUR/CHF and intraday bias remains neutral. Strong support is st...

Crypto.com gains singapore license; gemini eyes the uae
01/06/2023 08:10

Crypto.com gains singapore license; gemini eyes the uae

Cryptocurrency exchanges are running after licenses as Crypto.com became the latest to receive a license in Singapore, while Winklevoss twins’ Gemin...

Dow jones technical analysis
01/06/2023 08:07

Dow jones technical analysis

On the daily chart below, we can see that the Dow Jones weakened as traders “sold the fact” on the debt ceiling deal. The sellers once again leant...

Eurozone may final manufacturing pmi 44.8 vs 44.6 prelim
01/06/2023 08:00

Eurozone may final manufacturing pmi 44.8 vs 44.6 prelim

Prior 45.8Weak demand conditions are proving to be a real pain for euro area manufacturing as production and new orders both fall at their strongest r...

Green real estate project qlindo debuts on mexc
01/06/2023 07:58

Green real estate project qlindo debuts on mexc

In a defining moment for green real estate investment accessibility, Qlindo, the innovative project making waves in sustainable investing, announces i...

01/06/2023 07:56

"skip" talk not slowing the dollar down

The dollar saw a bit of a setback yesterday from this but is now regaining its momentum once again on the week. If there is takeaway from all this, it...

Aud/usd price forecast: critical juncture for aussie dollar
01/06/2023 07:55

Aud/usd price forecast: critical juncture for aussie dollar

AUD/USD remains hesitant as US factors and local Australian influences battle for supremacy......

Gtcfx announces partnership with acuity trading
01/06/2023 07:55

Gtcfx announces partnership with acuity trading

GTC Forex (GTCFX), a multi-asset STP broker headquartered in Dubai since 2006, has announced a strategic partnership with Acuity Trading. The collabor...

Germany may final manufacturing pmi 43.2 vs 42.9 prelim
01/06/2023 07:55

Germany may final manufacturing pmi 43.2 vs 42.9 prelim

Prior 44.5That's a mild improvement to the initial estimate as German manufacturing conditions slump further in May. An export-led decline in demand i...

Eur/usd daily outlook
01/06/2023 07:54

Eur/usd daily outlook

Daily Pivots: (S1) 1.0637; (P) 1.0687; (R1) 1.1.0739; More… Intraday bias in EUR/USD stays on the downside at this point. Current fall is seen as co...

Fx play of the day: aud/jpy pulling back to former triangle support
01/06/2023 07:51

Fx play of the day: aud/jpy pulling back to former triangle support

This forex pair recently fell through its triangle bottom and is now in the middle of a correction. Can AUD/JPY bounce off this resistance zone?......

France may final manufacturing pmi 45.7 vs 46.1 prelim
01/06/2023 07:50

France may final manufacturing pmi 45.7 vs 46.1 prelim

Prior 45.6That's a lower revision than the initial estimate and still points to a notable contraction in manufacturing activity in France. Demand rema...

Gbp/usd daily outlook
01/06/2023 07:50

Gbp/usd daily outlook

Daily Pivots: (S1) 1.2378; (P) 1.2411; (R1) 1.2474; More… Intraday bias in GBP/USD stays neutral at this point and further decline is expected with ...

Usd/chf daily outlook
01/06/2023 07:46

Usd/chf daily outlook

Daily Pivots: (S1) 0.9055; (P) 0.9102; (R1) 0.9153; More… USD/CHF’s rise from 0.8818 is in progress and intraday bias stays on the upside. Current...


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