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Week ahead in fx (may 1 – 5): three central bank decisions + u.s. nfp report
The markets are in for a busy week as traders price in not one, not two, but THREE monetary policy decisions......
Access to china economic & financial databases at wind information appear to be restricted
The Wall Street Journal (gated) have the report:Restrictions on Wind database and other information channels add to campaign to curb foreign influence...
Dow jones newswires: nec corp. shares surge in tokyo after fiscal-year operating profit surges 29%
NEC Corp. shares rose sharply Monday morning after it posted a 29% increase in fiscal-year operating profit on strong demand for information-technolog...
Eur/usd price analysis: bears eye 1.0960 as us dollar cheers pre fed, ecb anxiety
On the contrary, EUR/USD recovery may aim for the 1.1050 round figures before directing the pair buyers towards a 12-day-long horizontal resistance ar...
Is the elliott wave principle objective or subjective?
The Elliott Wave Principle is generally considered to be a subjective tool for technical analysis. This is because the interpretation of the wave patt...
Eur/usd faces major breakout resistance at 1.1075
Key Highlights EUR/USD is facing strong resistance near 1.1075. A major bullish trend line is forming with support near 1.0990 on the 4-hour chart. GB...
Nikkei 225 index wave analysis
Nikkei 225 broke resistance level 28645.00 Likely to rise to resistance level 29250.00 Nikkei 225 index rising sharply after the price broke above the...
Xrp bears eye $0.45 on recession jitters and sec v ripple silence
XRP was under pressure this morning. Recessionary jitters, Fed Fear, and SEC activity weighed on investor sentiment follow weak PMI numbers from China...
Eurgbp wave analysis
EURGBP under bearish pressure Likely to fall to support level 0.8740 EURGBP falling strongly after the price reversed down from the key resistance lev...
Gbpaud wave analysis
GBPAUD under bullish pressure Likely to rise to resistance level 1.9200 GBPAUD under the bullish pressure after the price broke the resistance level 1...
Market extra: fdic said to be reviewing bids for first republic, announcement expected by monday morning
U.S. regulators have asked banks for their best and final takeover offers for First Republic by Sunday afternoon, in a move that authorities hope will...
Forexlive asia-pacific fx news wrap: yen weakened further
China State Council's new job plan includes more than a million new SEO internshipsAustralian data: ANZ/Indeed Job Advertisements for April fell -0.3%...
Usd/cad recovery fades near 1.3550 despite softer oil price, first republic, us/canada data eyed
USD/CAD eases from intraday high as market players seek more clues to extend week-start moves. Cautious mood ahead of First Republic announcements, US...
Aud/usd price analysis: bears eye a break of 0.6607
AUD/USD has popped higher in the opening session to a high of 0.6623 but the daily technical outlook is bearish while on the back side of the broader ...
Gbp/usd eyes 1.2600 despite consistent us consumer spending support fed rate hike
GBP/USD is looking to capture 1.2600 despite an extended recovery in the US Dollar Index. Resilience in US consumer spending for core goods and servic...
Usd/jpy continues its climb, above 136.75
JPY has been weak since the Bank of Japan announcement on Friday:BOJ maintains YCC band unchanged, tweaks forward guidanceForexLive European FX news w...
Nzd/usd extends rally as central bank meetings loom
NZD/USD extended a recent rally as investors became less skittish amid an improvement in equities and commodities prices. Read Full Story at source (m...
Gold price trapped ahead of a busy week as us dollar pauses. where to for xau/usd?
The gold price slipped at the open on Monday as traders prepare for the Fed’s interest rate decision and the potential for impact across the yield c...
One of world’s largest bitcoin miners reaches new hashrate
One of the globe’s biggest Bitcoin miners has achieved a new hashrate after its Argentina data mining center accelerated work in the sector. This mo...
Btc and a return to $30,000 in the hands of first republic bank
It is a relatively busy day for BTC, with First Republic Bank updates, US economic indictors, the Fed, and SEC activity to influence investor sentimen...
Surging gold prices to blame for rise in chain-snatching cases in kerala?
Chain-snatching incidents have been on the rise, shows state crime records bureau data. In 2020, the number of such cases stood at 261, which went up ...
Cftc fines south african more than $3.4 billion in largest bitcoin fraud case
This week, the Commodity Futures Trading Commission took aim at a South African individual in the largest Bitcoin fraud case under the regulator’s p...
Gbp/jpy price analysis: sets to test six-month high above 172.00 amid ultra-easy boj policy
GBP/JPY is aiming to capture the six-month resistance of 172.17 horizontally plotted from 31 October 2022 high. A demand zone is placed in a range of ...
China state council's new job plan includes more than a million new seo internships
China's State Council published a new plan to promote employment.Will expand recruitment at government businesses, State-owned Enterprises (SOEs)The a...
Australian data: anz/indeed job advertisements for april fell -0.3% m/m (prior +2.0%)
ANZ-Indeed Australian Job Ads declined by 0.3% m/m in AprilStill 52.5% higher than pre-pandemic. Says ANZ:Robust labour demand coupled with strong mig...
Precious-gold slips on firmer dollar as focus turns to fed meet
May 1 (Reuters) – Gold prices eased on Monday as the dollar ticked up, while traders awaited the U.S. Federal Reserve’s policy meeting due this we...
Breaking: usd/jpy rallies sharply to fresh highs, eyes on 137.00
There was a positive tone to markets on Friday The S&P 500 was up 0.8% and the Nikkei has rallied in the open and USD/JPY has followed suit, rising 0....
Aud/jpy jumps to 90.50 inspired by boj’s dovish stance, rba policy eyed
The AUD/JPY pair has shifted sustainably above the critical resistance of 90.00 in the Asian session. The cross is continuously moving higher for the ...
Australian monthly cpi for april 0.2% m/m (prior 0.3%)
TD / Melbourne Institute monthly CPI inflation gauge for April 2023Headline 0.2% m/m and 6.1% y/yMarch was 0.3% m/m and 5.7% y/yTrimmed mean 0.3% m/m ...
Gold slips on firmer dollar as focus turns to fed meet
Gold prices eased on Monday as the dollar ticked up, while traders awaited the U.S. Federal Reserve’s policy meeting due this week. We apologize, bu...
Swiss franc technical analysis: chf/jpy, aud/chf, eur/chf
#Gold #Silver… After roaring to fresh yearly highs in early November, CHF/JPY came crashing back down to Earth, ultimately settling around the 123.0...
There is no cny reference rate setting from the pboc today, china holiday most of the week
China is out on holidays for Golden Week:Via Time and date This article was written by Eamonn Sheridan at www.forexlive.com......
Usd/chf price analysis: recovery firmly to 0.8950 as fed policy comes into picture
The USD/CHF pair is eyeing a recovery extension above the immediate resistance of 0.8946 in the early Tokyo session. The Swiss franc asset recovered s...
Gold price forecast: xau/usd bears approach $1,980 support on first republic woes, fed, us nfp eyed
Apart from the market’s fears emanating from the First Republic, hawkish Federal Reserve (Fed) concerns also weigh on the Gold price. That said, the...
Usd/jpy bulls need strong us ism pmi numbers to target 138
The USD/JPY was on the move this morning. While economic data from Japan will draw interest, ISM Manufacturing PMI numbers from the US will be key. Th...
