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Elliott wave update of eurusd – october 4th, 2023
04/10/2023 07:01

Elliott wave update of eurusd – october 4th, 2023

EURUSD is down for the twelfth week in a row as rising US treasury yields strengthen the dollar against all its rival currencies. Is the a bottom in s...

Kitchen towels market to surpass us$ 32.2 billion at 5.5% cagr by 2033: fact.mr report
04/10/2023 07:00

Kitchen towels market to surpass us$ 32.2 billion at 5.5% cagr by 2033: fact.mr report

Residential and commercial are two prominent end-use segments that are contributing to the growing demand for kitchen towels. Rockville , Oct. 04, 202...

Dzs and talktalk win 2023 light reading leading lights award for outstanding home network intelligence use case
04/10/2023 07:00

Dzs and talktalk win 2023 light reading leading lights award for outstanding home network intelligence use case

DZS Cloud software platform recognized for enabling one of the U.K.’s largest providers to leverage AI and machine learning to optimize broadband cu...

In a push to limit use of glucocorticoids, us and eu5 rheumatologists are increasingly turning to gsk’s benlysta and astrazeneca’s saphnelo for the treatment of moderate-to-severe systemic lupus eryth
04/10/2023 07:00

In a push to limit use of glucocorticoids, us and eu5 rheumatologists are increasingly turning to gsk’s benlysta and astrazeneca’s saphnelo for the treatment of moderate-to-severe systemic lupus eryth

Despite overall biologic growth in both geographies, use of advanced systemic treatments in the US outpaces the EU5. Exton, Pennsylvania, Oct. 04, 202...

10-year german bund yields hit 3% for the first time since 2011
04/10/2023 06:57

10-year german bund yields hit 3% for the first time since 2011

That is the first time since 2011 that 10-year yields in Germany have come in above 3%. This is a spillover from the major breakout in Treasury yields...

Fxpro uk revenue rises by 20% despite net loss
04/10/2023 06:52

Fxpro uk revenue rises by 20% despite net loss

London and UAE-based retail broker FxPro has just published a comprehensive financial report for 2022, showing a revenue increase while deepening its ...

Elliott wave update of usdcad – october 4th, 2023
04/10/2023 06:47

Elliott wave update of usdcad – october 4th, 2023

Higher US treasury yields and lower crude oil prices are both pushing USDCAD higher. What's left the forex pair's uptrend? Read in our latest Elliott ...

Usd/cad trades higher near 1.3710 on market caution, downbeat crude prices
04/10/2023 06:44

Usd/cad trades higher near 1.3710 on market caution, downbeat crude prices

USD/CAD traces the upward path on the fourth successive day, trading higher near 1.3710 during the Asian session on Wednesday. The pair is experiencin...

Gold price: mcx gold falls against strong us dollar; rs 56010-55810, resistance at rs 56580-56750
04/10/2023 06:44

Gold price: mcx gold falls against strong us dollar; rs 56010-55810, resistance at rs 56580-56750

US gold futures dropped 0.3% to $1,836.20, while Spot gold eased 0.1% to $1,820.70 per ounce. (Photo: Reuters) Gold Price Today, Gold Price Outlook, G...

Senco gold cfo sanjay banka on q2 expectations, falling gold prices & rising gold demand
04/10/2023 06:44

Senco gold cfo sanjay banka on q2 expectations, falling gold prices & rising gold demand

He attributed this positive outlook to the strengthening US dollar, which has been boosting sales, and the declining gold prices, which have fuelled h...

Aud/usd: extra weakness likely below 0.6280 – uob
04/10/2023 06:44

Aud/usd: extra weakness likely below 0.6280 – uob

In the opinion of Markets Strategist Quek Ser Leang and Senior FX Strategist Peter Chia at UOB Group, AUD/USD risks further losses if it breaches 0.62...

Eur/usd price analysis: extends its downside above 1.0450, eyes on eurozone data, ecb’s lagarde speech
04/10/2023 06:44

Eur/usd price analysis: extends its downside above 1.0450, eyes on eurozone data, ecb’s lagarde speech

EUR/USD remains under selling pressure around 1.0467 amid the stronger USD. The major pair holds below the 50- and 100-hour EMAs with the bearish RSI....

Fx option expiries for 4 october 10am new york cut
04/10/2023 06:42

Fx option expiries for 4 october 10am new york cut

There is just one to take note of, as highlighted in bold. That being for EUR/USD at 1.0475 but even so, the level doesn't really hold much technical ...

Japanese officials won’t be able to fight strong usd without backing by boj u-turn
04/10/2023 06:36

Japanese officials won’t be able to fight strong usd without backing by boj u-turn

Markets The US manufacturing ISM on Monday and US JOLTS job openings (9.61mn from 8.8mn vs stabilization expected) yesterday. Eco data provided the be...

Usd/cad daily outlook
04/10/2023 06:33

Usd/cad daily outlook

Daily Pivots: (S1) 1.3668; (P) 1.3702; (R1) 1.3743; More…. Intraday bias in USD/CAD remains on the upside at this point. Current rise from 1.3091 sh...

Aud/usd daily report
04/10/2023 06:30

Aud/usd daily report

Daily Pivots: (S1) 0.6268; (P) 0.6320; (R1) 0.6353; More… Intraday bias in AUD/USD remains on the downside for the moment. Current fall from 0.7156 ...

Ripple cements singapore presence with mpi license
04/10/2023 06:29

Ripple cements singapore presence with mpi license

Ripple, a San Fransisco-based blockchain company, has cemented its position in Southeast Asia by securing a Major Payments Institution (MPI) license f...

Nzd/usd remains on the defensive above 0.5900 ahead of the rbnz rate decision
04/10/2023 06:29

Nzd/usd remains on the defensive above 0.5900 ahead of the rbnz rate decision

NZD/USD extends its downside above 0.5900 amid the cautious mood and USD demand. The Reserve Bank of New Zealand (RBNZ) is likely to hold the rate unc...

The three ‘rs’ of equities: risk, reward and the role in a portfolio
04/10/2023 06:29

The three ‘rs’ of equities: risk, reward and the role in a portfolio

Risk premiums simply did not matter in a yield-scarce environment when the TINA (“there is no alternative”) narrative dominated markets. Since Tre...

Eur/usd daily outlook
04/10/2023 06:28

Eur/usd daily outlook

Daily Pivots: (S1) 1.0445; (P) 1.0469; (R1) 1.0491; More… Intraday bias in EUR/USD stays on the downside for the moment. Fall from 1.1274 is in prog...

Gbp/usd daily outlook
04/10/2023 06:24

Gbp/usd daily outlook

Daily Pivots: (S1) 1.2052; (P) 1.2077; (R1) 1.2102; More… Outlook in GBP/USD is unchanged and intraday bias stays on the downside. Sustained trading...

Intraday analysis – jpy jumps as shorts take profit
04/10/2023 06:24

Intraday analysis – jpy jumps as shorts take profit

USDJPY hits major resistance The yen snapped back amid rumours of a possible Japanese authority’s intervention in the currency market. Traders have ...

Usd/chf daily outlook
04/10/2023 06:22

Usd/chf daily outlook

Daily Pivots: (S1) 0.9175; (P) 0.9209; (R1) 0.9246; More…. Intraday bias in USD/CHF remains on the upside for the moment. Current rise from 0.8551 s...

The fear of strong jobs
04/10/2023 06:19

The fear of strong jobs

Even a hint of an improving US jobs market sends shivers down investors’ spines. This is why the stronger than expected job openings data from the U...

Strong jolts data supports even higher yields
04/10/2023 06:16

Strong jolts data supports even higher yields

Market movers today ECB president Christine Lagarde delivers pre-recorded welcome address to a monetary policy conference, and ECB board member Luis d...

Cryptocurrency prices: check today’s rates of bitcoin, ethereum, bnb
04/10/2023 06:14

Cryptocurrency prices: check today’s rates of bitcoin, ethereum, bnb

Bitcoin has dropped 0.83% in the past 24 hours to trade at $27,374.66. Compared to last week, it is up 4.34%. Ethereum, the second most popular token,...

Market update: aud/usd may fall after support breakout, retail bullish bets
04/10/2023 06:14

Market update: aud/usd may fall after support breakout, retail bullish bets

The Australian dollar is on course for the worst week since mid-June as retail traders continue to increase bullish exposure. This may spell trouble f...

Usdchf technical analysis - key levels in play
04/10/2023 06:06

Usdchf technical analysis - key levels in play

US:The Fed left interest rates unchanged as expected at the last meeting.The macroeconomic projections were revised higher as the economy showed much ...

Eurostoxx futures -0.2% in early european trading
04/10/2023 06:05

Eurostoxx futures -0.2% in early european trading

German DAX futures -0.2%UK FTSE futures -0.3%The heavy selloff in Wall Street yesterday was a nod that stocks might be crumbling further to the pressu...

10-year jgb yields hit 0.80%, first time since 2013
04/10/2023 06:02

10-year jgb yields hit 0.80%, first time since 2013

Higher yields is the name of the game right now and despite efforts by the BOJ to try and limit that, they might be finding it tough to swim against t...

Usd/jpy daily outlook
04/10/2023 06:01

Usd/jpy daily outlook

Daily Pivots: (S1) 148.21; (P) 149.18; (R1) 150.03; More… USD/JPY spiked lower to 147.28 overnight, on alleged intervention by Japan, but recovered ...

Market mayhem: escalating risk aversion meets yen intervention
04/10/2023 06:01

Market mayhem: escalating risk aversion meets yen intervention

Dollar is finding strength amidst an atmosphere of palpable anxiety in the financial markets, stemming from a continuation of the risk-off mood from U...

Gbp/usd could see 1.2000 revisited in the near term – uob
04/10/2023 05:44

Gbp/usd could see 1.2000 revisited in the near term – uob

GBP/USD is seen consolidating in a narrow band near a multi-month low touched on Tuesday. The extremely oversold RSI on the daily chart holds back bea...

Marine powder market to hit us$ 23,486.5 million revenue by 2033: fact.mr analysis
04/10/2023 05:40

Marine powder market to hit us$ 23,486.5 million revenue by 2033: fact.mr analysis

The US leads the global marine powder market with superior technology and infrastructure. Rockville, Oct. 04, 2023 (GLOBE NEWSWIRE) — According to F...

Forget bitcoin and ethereum, i’d buy uk stocks to turn £10k into a £100k nest egg
04/10/2023 05:14

Forget bitcoin and ethereum, i’d buy uk stocks to turn £10k into a £100k nest egg

If I wanted to turn £10k into £100k, I would veer away from cryptocurrencies like Bitcoin and Ethereum and towards world-class UK stocks. Read Full ...


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