Subscribe To
New zealand exports rise 10% yoy with china leading, eu tops 12% imports growth
New Zealand’s trade balance in April reported a surplus of NZD 427m, defying expected deficit of NZD -1310m. Both imports and exports experienced si...
Dax futures signal a bullish open on debt ceiling optimism
It is a busy day for the DAX. German wholesale inflation and the ECB will be in focus. However, later today, Fed Chair Powell will have the final say....
Gbp to usd forecasts: bulls eye sub-$1.2350 on hawkish fed bets
It is a quiet day for the GBP to USD, with no UK economic indicators to consider. However, BoE and Fed chatter will move the dial. The post GBP to USD...
Gold set for biggest weekly fall since feb on us debt deal hopes
Gold prices were on course for their biggest weekly drop in 3-1/2 months on Friday as hopes for a resolution in the U.S. debt ceiling negotiations and...
Gold price falls rs 10 to rs 61,190; silver unchanged at rs 74,500
The price of ten grams of 24-carat gold in Delhi, Bengaluru, and Chennai is Rs 61,350, Rs 61,280, and Rs 61,630, respectively. The price of ten grams ...
Eur/usd finds cushion near 1.0760 as usd index faces pressure, federal reserve powell’s speech eyed
The US Dollar Index is facing pressure in extending its recovery above the immediate resistance of 103.60. The optimism over the US borrowing cap rais...
Eur/usd bears to target sub-$1.07 on fed chair powell
It is a busy day for the EUR/USD. German wholesale inflation and the ECB Economic Bulletin will influence ahead of ECB and Fed chatter. The post EUR/U...
Usd/jpy regains bullish momentum above 137.50
Key Highlights USD/JPY started a fresh increase above the 137.00 resistance. It broke many hurdles near 137.50 and 13780 on the 4-hour chart. EUR/USD ...
Pacific ocean tsnami threat issued after m7.7 earthquake off new caledonia
454 km E of Nouméa, New Caledoniadepth 10kmTsunami alert issued for New Caledonia, Fiji, Vanuatunot expected to to be destructiveEMSC pic: This artic...
Forexlive asia-pacific fx news wrap: japanese inflation rises further, so do japan stocks
Yuan finds buyers - state banks intervention likely, selling USD/CNHBank of England MPC member Haskell speaking Friday, 19 May 2023Increasing flow of ...
Yuan finds buyers - state banks intervention likely, selling usd/cnh
USD/CNH has tumbled from earlier highs, with a likely intervention from state banks to support the yuan. Thats not confirmed but to does seem very lik...
China’s benchmark interbank gold prices lower friday
BEIJING, May 19 (Xinhua) — China’s benchmark prices for spot interbank gold transactions were lower Friday, according to the China Foreign Exchang...
Wall street bitcoin favorite nydig gets another capital infusion
First Foundation Inc., a company with $11.9 billion assets under management, will invest in NYDIG and offer Bitcoin products to its clients. First Fou...
Usd/jpy price analysis: yen pair retreats from six-month high near 138.50 amid overbought rsi
USD/JPY snaps six-day uptrend at the highest levels since November 2022, struggles to defend Yen buyers of late. Short-term support lines, previous re...
Bank of england mpc member haskell speaking friday, 19 may 2023
Jonathan Haskel, a Bank of England Monetary Policy Committee (MPC) member, is speaking at 0945 GMT 0545 US Eastern timespeech on how to measure produc...
Increasing flow of yen overseas to pay for video & music streaming a drag on yen (but ...)
Barclays on Japan’s “digital deficit,” i.e. payments to overseas technology companies like Netflix and Amazon. Analysts say its become large rel...
Chart art: eur/nzd gearing up for a reversal?
Is that a reversal formation being completed on the 4-hour chart of EUR/NZD? Better keep your eyes on these levels!......
Nzd/usd faces fragile hurdles above 0.6240 ahead of fed powell’s speech
The NZD/USD pair has sensed selling pressure above 0.6240 in the Tokyo session. The Kiwi asset has attracted significant offers as the US Dollar Index...
Usd/cad bulls moving in to test above 1.3500
The USD/CAD bulls will be looking to guard the support area near the 50% mean reversion mark with 1.3600 eyed. USD/CAD is edging higher in Asia as the...
Pound sterling price news and forecast: gbp/usd consolidates weekly losses after refreshing multi-day low
GBP/USD licks its wounds near 1.2410 as it benefits from the market’s consolidation ahead of the key events. That said, the Pound Sterling dropped t...
2023 forecast: euro and pound sterling tipped to rise vs dollar “through summer” say hsbc
USD/JPY is overvalued and set to weaken to below 130.0 on 6 months. GBP/USD will trade below 1.25 throughout the forecast period due to dollar strengt...
China is considering moving stakes in bad banks to sovereign wealth fund
Bloomberg (gated) with the info that China's Ministry of Finance proposes moving its stakes in 3 firms managing bad debts:China Cinda Asset Management...
Webinar archive: ofm & taw revision 18 may 2023
Summary of webinar: 1. Use of TAW 3.0 indicator in week timeframe 2. Use it to catch big moves......
Td forecast higher eu inflation and thus many more ecb rate hikes (4% terminal)
TD say that their estimate of inflation for the euro-area through 2023 has been significantly raised. Analysts now expect headline inflation at 3.6% y...
Global superconducting magnets industry is expected to be worth us$ us$ 4.3 billion at a cagr of 2.6% by forecast period 2033 end | future market insights, inc.
The United States is anticipated to continue its position as a prominent player in the superconducting magnets business, with a predicted market size ...
Usd/chf price analysis: turns sideways around 0.9050 ahead of us debt-ceiling issues
The USD/CHF pair is showing a balanced auction profile around 0.9050 in the Asian session. The Swiss Franc asset has faced pressure in its upside jour...
Precious-gold set for biggest weekly drop in 3-1/2 months as us debt talks weigh
Gold prices on Friday were on course for their biggest weekly drop in 3-1/2 months as recent strong U.S. economic data and hopes for a resolution in t...
Bearish outside metals gang up on gold, silver
(Kitco News) – Gold and silver prices are solidly lower in midday U.S. dealings Thursday, with both hitting multi-week lows. SHARE THIS POST Commodi...
No party atmosphere expected at this year’s bitcoin conference
An annual bitcoin conference is poised to attract about half as many people as last year, a sign of how a downturn in crypto prices and escalating reg...
Eur/usd price analysis: bulls come up for air and eye a break of trendline resistance
As per the prior analysis, EUR/USD Price Analysis: Bears eye an extension but bulls look to test the 1.0880s, whereby EUR/USD was seen to be attemptin...
Pboc sets usd/ cny reference rate for today at 7.0356 (vs. estimate at 7.0392)
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...
Aud/usd bounces off three-week low towards 0.6650 as us dollar retreats on mixed clues, fed’s powell eyed
AUD/USD picks up bids to rebound from multi-day low, pares weekly losses. Markets sentiment dwindles amid fresh challenges for US debt limit deal, US-...
Gbp/usd stays defensive above 1.2400 as boe hawks hesitate, focus on fed chair powell
Moving on, Federal Reserve (Fed) Chairman Jerome Powell’s speech and US debt ceiling negotiations will be crucial as Fed hawks are back to the table...
Fx exchange rate forecasts for next 6-12 months: ing update for may
Foreign exchange analysts at ING have updated their latest currency forecasts and predictions for the US Dollar, Pound Sterling, Japanese Yen, and Aus...
Crypto: ftx sues sam bankman-fried and others, seeking to claw back $240 million from embed deal
Failed crypto exchange FTX is suing founder and former Chief Executive Sam Bankman-Fried and others, seeking to claw back about $240 million related t...
