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Technical outlook and review
DXY: Price is at the 1st resistance area of 105.82, which is an overlap resistance. If the price were to reverse from this level, it could potentially...
Unusual call option trade in alexandria real estate equities worth $597.6k
ET an unusually large $597.60K block of Call contracts in Alexandria Real Estate Equities (ARE) was bought, with a strike price of $150.00 / share, ex...
Gbp/usd outlook: seems vulnerable near ytd low, bearish double-top breakdown in play
Acceptance below 1.1840 completes a bearish double-top and supports prospects for further losses. The GBP/USD pair came under intense selling pressure...
Is it time to move away from equities and focus on debt? what analysts say
US Fed chair Jerome Powell has reiterated that the Federal Open Market Committee (FOMC) is likely to raise rates further than previously anticipated �...
Chart art: trend and range setups on gbp/jpy and cad/chf
GBP/JPY looks ready to retest a broken trend line while CAD/CHF is bouncing from a range support......
Eur/usd forex forecast – sellers targeting 1.0381 after powell flags higher terminal rate
Powell told U.S. lawmakers on Tuesday that the Fed is prepared to move in larger steps, suggesting tougher measures are needed to control inflation. T...
Usd/cad refreshes four-month high above 1.3770 ahead of us employment and boc policy
USD/CAD is running higher with sheer momentum considering the bullish message from indicators and oscillators. USD/CAD has printed a fresh four-month ...
Gold prices today: yellow metal may slide to rs 54,510 on hawkish us fed
Manoj Kumar Jain of Prithvi Finmart Commodity Research expects gold and silver prices to remain volatile today ahead of the US ADP non-farm payroll da...
Gold price today: yellow metal on sticky wicket; analyst recommends sell on rise
Commodity and currency expert Anuj Gupta said that the pressure is likely to sustain on bullion in the near term. Gupta, who is Vice President (VP), C...
European shares seen flat to slightly lower at open
European stocks are seen opening on a tepid note Wednesday, as investors await Fed Chair Jerome Powell’s second day of testimony on Capitol Hill. Re...
Eur/usd gains bearish momentum while usd/chf extends rally
EUR/USD started a major decline below the 1.0620 level. USD/CHF is rising and might aim more gains above the 0.9450 resistance.Important Takeaways for...
China logs nearly 40 million entry-exit trips in two months
BEIJING (Reuters) – China logged 39.72 million entry and exit trips between Jan. 8 to March 7, according to National Immigration Administration data...
Marketmind: the perils of not keeping up with powell
By Wayne Cole (Reuters) – A look at the day ahead in European and global markets from Wayne Cole The post Marketmind: The perils of not keeping up w...
Markets raise bets on 50bps fed hike, a look at dow and dxy
The markets were rocked by the “clear-cut” hawkish remarks by Fed Chair Jerome Powell overnight. In short, “he indicated that ultimate level of ...
Gold price steady as investors focus on fed chair testimony
Gold prices held ground today, March 7, as investors awaited Congressional testimony by US Federal Reserve Chairman Jerome Powell, which could i … R...
Fxwirepro: usd/jpy breaks above 200-dma to hit fresh 3-month high, hawkish fed powell’s remarks boost dollar
Chart – Courtesy Trading View USD/JPY was trading 0.44% higher on the day at 137.73 at around 04:35 GMT, after closing 0.91% higher in the previous ...
German data in focus in european morning trade today
Powell definitely did not disappoint as he induced another volatility bout in markets yesterday. The dollar soa...
Rba lowe: further tightening required, but closer to a pause
RBA Governor Philip Lowe said in a speech that further rate hike is still necessary. But the central bank is now closer to the point of a pause. The b...
Gold, silver price today, mar 8, 2023: precious metals witness dip on mcx | check rates here
Gold and silver are trading on the lower side of the Multi Commodity Exchange (MCX) on Wednesday. Check the latest city-wise prices here. Read Full St...
Eur/usd refreshes multi-day low under 1.0550 as fed’s powell widens yield curve inversion, ecb’s lagarde eyed
EUR/USD remains depressed for the second consecutive day amid strong yields, renews three-month low of late. ECB policymakers defend hawkish bias but ...
European economic news preview: germany industrial output & retail sales data due
Industrial production and retail sales from Germany and revised quarterly national accounts from the euro area are due on Wednesday, headlining a ligh...
Dax to face a stern test on us labor market indicators and powell
It is a busy day ahead for the DAX, with German industrial production and retail sales in focus ahead of ECB President Lagarde and euro area GDP stats...
Snb jordan: monetary policy is still too loose
SNB Chairman Thomas Jordan, stated that the current monetary policy is too loose to bring inflation back to price stability in the medium term, and fu...
Japan january leading indicator index 96.5 vs 96.9 prior
- Prior 96.9
- Coincident index 96.1
- Prior 99.1
The assessment of the coincident i...
India’s oil deals with russia dent decades-old dollar dominance
By Nidhi Verma and Noah Browning NEW DELHI/LONDON (Reuters) – U.S.-led international sanctions on Russia have begun to erode the dollar’s decades-...
Gold prices at 1-week low as fed’s powell flags higher rates
Gold prices slipped to a one-week low on Wednesday after U.S. Federal Reserve Chair Jerome Powell said interest rates might need to go higher than pre...
Rba governor lowe uses the ‘p’ word
Summary of RBA Governor Lowe’s speech on 8th March We are seeking to bring inflation down in a timely way while keeping the economy on an even keel ...
Bank of canada to set tightening campaign on hold
The Bank of Canada will likely keep its promise to declare a pause in monetary tightening during Wednesday’s policy meeting, although other major ce...
Can nonfarm payrolls refuel dollar’s rally?
Another high-stakes US employment report will be released on Friday. Most indicators point to another strong month for the labor market, although ther...
Google to launch fund to support taiwan’s media outlets
TAIPEI (Reuters) – Alphabet Inc.’s Google said on Wednesday it will launch a T$300 million ($9.8 million) fund over the next three years to help b...
Usd/cad rallies ahead of boc rate decision, dips supported
Key Highlights USD/CAD started a major increase above the 1.3650 resistance zone. It broke a major contracting triangle with resistance near 1.3625 on...
Fed powell puts a 50bps march hike firmly on radar, gbp/usd tests 2023 lows
Key takeaways Fed Chair Jerome Powell acknowledged that the pace of quarter-point interest-rate increases is not set in stone, and a faster tightening...
How to identify engulfing candle on price charts: tips and strategies
Engulfing Candle is a candlestick pattern in technical analysis that is used to identify a potential trend reversal. It occurs when a larger candle �...
Gold price fails to defend march opening range
Gold Price Outlook The price of gold appears to be reversing ahead of the 50-Day SMA ($1870) as it initiates a series of lower highs and lows, and bul...
