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Risks in eur/usd are pointing to the downside – commerzbank
Today’s main event is the FOMC meeting. Economists at Commerzbank analyze how the US Dollar and the EUR/USD pair could react to the Fed policy annou...
Usd/jpy price forecast: japanese yen set for safe haven vs fomc battle
USD/JPY now looks to key US economic data and the FOMC for guidance while keeping a close eye on the developing banking crisis. Yen sandwiched between...
Eur/usd restarts increase while usd/jpy corrects after rally
EUR/USD started a fresh increase above the 1.1000 resistance. USD/JPY rallied significantly above 137.00 and recently started a downside correction. I...
Dow drops 400 points before fomc! #marketinsights
US Indices fell sharply in yesterday’s trading as investors grew fearful that the banking crisis has not yet ended. Citigroup Bank of America droppe...
Hassan ibrahim joins bdswiss as its new mena head of business development
BDSwiss’ MENA CEO Daniel Takieddine, commented: We are thrilled to have Hassan join our team. His extensive experience and proven track record in th...
S&p 500 analysis: worrisome dynamics ahead of fed decision
On the first of May, the US stock market turned out to be optimistic: the S&P 500 index exceeded the April maximum and approached the February maximum...
We will outlaw so-called ‘sim farms’: uk prime minister
The Prime Minister of the United Kingdom, Rishi Sunak, lashed out at the rampant financial scams and is launching a new plan on Wednesday to tackle fr...
Usd struggles to bounce
AUD/USD tests key resistance The Australian dollar soared after a hawkish RBA pressed on with a surprise 25 basis-point rate hike. The pair jumped abo...
Gold price rises by rs 1,800 per tola
The price of gold has increased by Rs 1,800 per tola in the domestic market today. Fine gold is being sold at Rs 110,600 per tola on Wednesday. It was...
Gold prices to be announced on egx’s screens in 2 weeks
Gold price charts will be announced on the Egyptian Exchange’s (EGX) screens in two weeks, Ahram Gate reported on May 2nd, citing Chairman of the EG...
Eur/usd forecast: euro bulls retain control as focus shifts to fed
EUR/USD has gathered bullish momentum and advanced beyond 1.1000 after having declined to the 1.0950 area on Tuesday. As investors wait for the US Fed...
Fed to hike rates as us bank turmoil persists
Banking relief after JP Morgan swallowed the First Republic Bank on Monday remained short-lived, as some regional bank stocks, like Valley National Ba...
Fed meeting looming tonight
Markets US regional banks including PacWest and Wester Alliance suffered heavy losses yesterday. Instead of putting the financial unrest to bed, the t...
Publication note: fta monitor: companies save chf 2.4 billion thanks to free trade agreements
The FTA Monitor shows that tariff savings on imports into Switzerland thanks to FTAs amounted to around CHF 2.4 billion in 2021. Fabian Maienfisch, De...
Usd/jpy slides below 136.00, fresh weekly low amid reviving safe-haven demand, weaker usd
The Fed-BoJ policy divergence could limit losses ahead of the US data and the FOMC decision. Read Full Story at source (may require registration) The ...
Gbp/usd technical analysis
On the hourly chart of GBP/USD at FXOpen, the pair started a fresh decline from the 1.2580 zone. The British Pound declined steadily below the 1.2500 ...
S&p 500 analysis: worrisome dynamics ahead of fed decision
On the first of May, the US stock market turned out to be optimistic: the S&P 500 index exceeded the April maximum and approached the February maximum...
Aud/usd daily report
Daily Pivots: (S1) 0.6571; (P) 0.6617; (R1) 0.0.6667; More… Intraday bias in AUD/USD remains mildly on the upside and further recovery might be seen...
Dollar loses some ground to start european morning trade
Of note, the greenback is slipping against the European currencies and the Japanese yen for now. EUR/USD is up 0.3% to 1.1030 while GBP/USD is once ag...
Usd/cad outlook: downside potential seems limited amid bearish oil prices, fomc awaited
Traders now await the highly-anticipated FOMC decision before placing fresh directional bets. Read Full Story at source (may require registration) The...
Gold and silver prices on may 3: check latest rates in your city
The term ‘K’ or karats is used to determine the purity of gold. A 24K gold is called pure gold with a purity of 99.9 per cent purity. Read Full St...
Gbp/usd price analysis: fades bounce off 100-sma but bullish bias remains intact beyond 1.2400
In a case where the quote remains bearish past 1.2400, lows marked during April 17 and 10, close to 1.2355 and 1.2345, can act as the last defenses of...
Aussie firms should meet design and distribution obligations: asic
The Australian Securities & Investments Commission (ASIC) issued a notice on Wednesday, calling out investment product issuers and ordering them to �...
Eur/usd daily outlook
Daily Pivots: (S1) 1.0917; (P) 1.0958; (R1) 1.0983; More… Outlook in EUR/USD is unchanged as consolidation from 1.1094 is extending. Intraday bias s...
European equities open slightly higher to start the day
Eurostoxx +0.4%Germany DAX +0.3%France CAC 40 +0.4%UK FTSE +0.5%Spain IBEX +0.5%European indices closed lower yesterday when market sentiment was at t...
Fx play of the day: u.s. dollar’s channel support ahead of the fomc statement
Weak U.S. data and bank jitters got the dollar bears excited earlier this week! Will the Fed’s decision inspire a mid-week reversal for USD?......
Eur/usd price analysis: tests trendline breakout above 1.1000 ahead of fed/ecb policy
The EUR/USD pair has shown a marginal correction after facing fragile barricades around 1.1030 in the early European session. The major currency pair ...
Fed to deliver last hike amid new bank turmoil
Market movers today Today’s main event is the FOMC meeting where we expect the Fed to deliver their final 25bp hike, which would send the Federal Fu...
Usdchf ending diagonal nears completion
In the long term, the USDCHF seems to be forming a triple zigzag pattern Ⓦ-Ⓧ-Ⓨ-Ⓧ-Ⓩ. Only its final part, the wave Ⓩ, has not yet ended. Th...
Usd/chf price analysis: eyes further downside as swiss franc buyers approach 0.8900
USD/CHF holds lower grounds near the intraday bottom of 0.8907, retreating of late, as bears keep the reins for the second consecutive day heading int...
Gold price forecast: xau/usd retreat needs acceptance from $1,998 and fed – confluence detector
Gold price (XAU/USD) grind higher after defying the fortnight-old trading range as market players brace for the all-important Federal Reserve (Fed) de...
Fx option expiries for 3 may 10am new york cut
EUR/USD- 1.0950 (€390m)- 1.0995-00 (€762m)- 1.1030-40 (€718m)- 1.1100 (€833m)USD/JPY- 136.70-80 ($788m)GBP/USD- 1.2600-05 (£355m)AUD/USD- 0.6...
Usd/jpy daily outlook
Daily Pivots: (S1) 135.43; (P) 136.00; (R1) 136.88; More… With current retreat, a temporary top is formed in USD/JPY at 137.76, ahead of 137.90 resi...
Dollar weakens as markets anticipate last fed rate hike; yen gains amid cautious sentiment
Dollar weakens broadly in today’s Asian session as markets await what could be the last Fed rate hike in the current cycle. Risk sentiment is on the...
Eur/usd: upside momentum looks mitigated – uob
EUR/USD picks up bids to refresh intraday high, extends previous day’s recovery. Mixed Eurozone inflation, doubts over Fed and ECB’s role in banki...