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Aud/usd drops sharply towards 0.6600 as usd index regains strength, rba-fed policy in focus
AUD/USD has slipped sharply to near 0.6610 amid a sustained jump in the USD Index ahead of Fed policy. Pre-Fed policy anxiety is impacting the risk ap...
Eur/usd: a move above 1.1120 appears not favoured – uob
EUR/USD clings to mild losses near 1.1020 during early Friday in Europe as it tries to keep bears on the table after welcoming them the previous day. ...
Eth bulls to retarget $2,000 on us inflation and staking inflows
ETH found early support, with the bulls aiming for a four-day winning streak. However, regulatory activity, US stats, and corporate earnings will infl...
Eurostoxx futures +0.6% in early european trading
German DAX futures +0.5%UK FTSE futures +0.4%This owes to the late surge higher in Wall Street yesterday, as overall risk tones today are more tentati...
France’s q1 gdp growth sees modest growth of 0.2% qoq
France’s Q1 GDP growth came in at a modest 0.2% qoq, slightly outperforming market expectations of 0.1% qoq. Final domestic demand (excluding invent...
Germany march import price index -1.1% vs -0.9% m/m expected
Prior -2.4%Import price index -3.8% vs -3.6% y/y expectedPrior +2.8%German import prices are now down on an annual basis, mostly due to base effects, ...
Japan bond yields fall further after boj policy decision
Going into the BOJ policy decision, 10-year yields in Japan climbed to 0.49% but are now dragged back down to just below 0.41% on the day. This is lea...
Intraday analysis – nasdaq bounces back
NZDUSD tests critical floor The US dollar advanced as the core PCE accelerated in Q1. The pair is hovering above the daily support of 0.6090 as kiwi b...
Boj: maintained ultra-easy policy but scrapped forward guidance
No change on key policy short-term interest rate and limits of the Yield Curve Control programme. Scrapped forward guidance to maintain the interest r...
Technical outlook and review
DXY: The DXY chart is currently experiencing a bearish momentum. The price is below a major descending trend line, suggesting that bearish momentum is...
Cad projected at $9.2b for 2024
The government has projected a $9.2 billion current account deficit (CAD) for the next fiscal year, which will keep Pakistan’s total external financ...
Gold prices dip as strong inflation, labor data fuel fed fears
Gold prices fell slightly on Friday, extending losses into a third straight session as stronger-than-expected U.S. inflation and labor market data saw...
North rhine westphalia april cpi +6.8% vs +6.9% y/y prior
The monthly reading shows an increase of 0.5% in consumer price inflation. At first glance, this looks to fall within estimates of what we are expecti...
France q1 preliminary gdp +0.2% vs +0.2% q/q expected
Prior +0.1%; revised to 0.0%This matches up with estimates and looking at the breakdown, the improvement largely came from foreign trade (+0.6%) and i...
Trade ideas thread - european session 28 april 2023
The euro is going to be one to watch today for a multitude of reasons. EUR/USD in itself is in a dilemma once again, as it contests for a firm break a...
Gbp/jpy daily outlook
Daily Pivots: (S1) 166.66; (P) 167.09; (R1) 167.85; More… GBP/JPY’s rally resumed by breaking through 167.95 resistance an intraday bias is back o...
Yen falls on dovish boj, risk-on sentiment boosts market
Yen declined broadly in Asian session as traders discovered that BoJ still has the potential to surprise the market with dovish moves. The selloff was...
Boj: maintained ultra-easy policy but scrapped forward guidance
No change on key policy short-term interest rate and limits of the Yield Curve Control programme. Scrapped forward guidance to maintain the interest r...
Dax set for a bullish open ahead of a gdp and inflation numbers
It is a busy day ahead for the DAX. Euro area inflation and GDP numbers will draw interest ahead of US inflation and personal spending figures. The po...
Us officials reportedly coordinating rescue talks for first republic bank
The sources said that the FDIC, the Treasury Department, and the Fed are among those involved in coordinating urgent talks to put together a lifeline ...
Gbp/usd price analysis: gathers strength for a sustainable move above 1.2500
GBP/USD is hovering near 1.2500, gathering strength for a decisive breakout. The USD Index has regained strength as investors are shifting their focus...
How to use the chaikin oscillator in trading
What is the Chaikin Oscillator? How to calculate, interpret, and apply the Chaikin Oscillator. Read on to learn more about this technical analysis too...
Chart art: gbp/usd’s short and long-term range
Cable is struggling to find a new direction after breaking a key resistance level. Which way will GBP/USD go?......
Egypt honey market to touch usd 33.4 million by 2030, attaining a 8.4% cagr between 2020 and 2030 – report by market research future (mrfr)
Egypt Honey Market Research Report: information by type (clover honey, citrus honey, cotton honey, wildflower honey, others) application (food & bever...
Gbp to usd forecasts: bulls to target $1.2550 on us inflation
It is a quiet day ahead for the GBP to USD. A lack of UK economic indicators leaves US inflation and personal spending to move the dial. The post GBP ...
A slew of economic data releases coming up in europe today
The yen is the early mover today, being dragged lower after the BOJ left policy unchanged here. There were probably some quarters of the market hoping...
Gold price dips on us fed’s rate hike fear. right time to buy?
Gold rate today has immediate support placed at ₹59,500 per 10 gm on MCX while its immediate cushion in international market is placed at $1,980 lev...
Gold prices fall, silver rises on april 28; check prices in mumbai, delhi, chennai, kolkata
The price of gold and silver on April 28 was at Rs 55,950 per 10 grams and Rs 76,200 per kg respectively, according to GoodReturns. In Mumbai, Kolkata...
Usd/jpy jumps 100 pips to mid-134.00s on boj status quo, governor ueda eyed
USD/JPY rallies 100 pips to 134.45 on the Bank of Japan’s (BoJ) inaction during early Friday. Although the Japanese central bank matches most market...
Aud/jpy soars above 89.20 as boj keeps policy expansionary and ycc band stable
The AUD/JPY pair has run swiftly above 89.20 in the Asian session after the Bank of Japan (BoJ) decided to continue its ultra-loose monetary policy. B...
Eur/usd prints pre-data anxiety near 1.1030 as eurozone gdp, us inflation clues loom
EUR/USD pair’s retreat from an upward-sloping resistance line from early February, close to 1.1075 by the press time, keeps sellers hopeful amid slu...
Eur/jpy knocks on the door of its october high again
The drag lower in the Japanese yen after the BOJ policy decision is leading to some interesting technical moves today. USD/JPY is coming close to rete...
Eur/usd set for a choppy session with gdp and inflation in focus
It is a busy day for the EUR/USD. Member state GDP and inflation numbers, with Eurozone GDP figures, will draw interest ahead of US inflation figures....
Boj outlook report: japan’s economy to recover moderately amidst uncertainties
Japan’s economy set for moderate recovery in 2023, but risks from uncertainties in overseas economies and commodity prices persist. The post BOJ Out...
Usd/jpy jumps as boj announces no change to policy, yield curve control
To be honest, the policy decision today isn't all too surprising but after being caught off guard in December, there were some quarters of the market ...