menu search
Risks in eur/usd are pointing to the downside – commerzbank
03/05/2023 07:59

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
03/05/2023 07:55

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
03/05/2023 07:53

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
03/05/2023 07:53

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
03/05/2023 07:53

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
03/05/2023 07:51

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
03/05/2023 07:51

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
03/05/2023 07:47

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
03/05/2023 07:44

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
03/05/2023 07:44

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
03/05/2023 07:44

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
03/05/2023 07:42

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
03/05/2023 07:37

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
03/05/2023 07:29

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
03/05/2023 07:29

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
03/05/2023 07:24

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
03/05/2023 07:21

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
03/05/2023 07:17

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
03/05/2023 07:16

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
03/05/2023 07:14

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
03/05/2023 07:14

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
03/05/2023 07:14

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
03/05/2023 07:11

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
03/05/2023 07:11

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
03/05/2023 07:03

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
03/05/2023 07:02

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
03/05/2023 06:59

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
03/05/2023 06:56

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
03/05/2023 06:53

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
03/05/2023 06:29

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
03/05/2023 06:29

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
03/05/2023 06:27

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
03/05/2023 06:16

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
03/05/2023 06:16

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
03/05/2023 06:14

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...


Search within

Pages Search Results: