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Usd/jpy risks further losses near term – uob
A sustained drop below the 145.50 appears unlikely for USD/JPY in the short-term horizon, note Economist Lee Sue Ann and Markets Strategist Quek Ser L...
Usd/jpy surges, dollar declines, and gold rallies: what’s next?
Any yen strength could be short-lived until we get beyond some of the big market events of the week. Bearish price on USD/JPY, a daily chart of which ...
Pound sterling rises against euro and dollar on uk wage growth but gbp strength tipped to fade
The Pound Sterling (GBP) has risen against the Euro (EUR) and US Dollar (USD) on Tuesday after data released by the ONS showed the pace of UK Wage gro...
Eur/gbp daily outlook
Daily Pivots: (S1) 0.8570; (P) 0.8582; (R1) 0.8606; More… Sideway trading continues in EUR/GBP and intraday bias remains neutral. Current rise from ...
Us cpi and the ecb meeting to spark volatility
We get a double whammy of major risk events within 24 hours of each other this week. The post US CPI and the ECB Meeting To Spark Volatility appeared ...
Eur/aud daily outlook
Daily Pivots: (S1) 1.6645; (P) 1.6719; (R1) 1.6793; More… Range trading continues in EUR/AUD and intraday bias stays neutral. On the downside, break...
Play of the day: gbp/aud’s short-term downtrend still intact
GBP/AUD just got rejected from a short-term resistance zone even after the U.K.’s wage growth came in hot! Will today’s news help GBP/AUD extend i...
Dollar keeps steadier to start the session
Major currencies are still mostly little changed as we settle down after the whole fuss with the Japanese yen, which was stirred up by BOJ governor Ue...
Eur/jpy daily outlook
Daily Pivots: (S1) 156.87; (P) 157.30; (R1) 158.01; More…. Intraday bias in EUR/JPY remains mildly on the downside for the moment. Sustained trading...
Gbp/jpy daily outlook
Daily Pivots: (S1) 182.73; (P) 183.32; (R1) 183.95; More… Intraday bias in GBP/JPY stays mildly on the downside for the moment. Fall from 186.75 wou...
Understanding economic indicators
Learn how to interpret indicators of economic growth. This article on economic indicators will provide definitions and explore their importance for tr...
Certik and oklink collaborate to introduce freeze asset request (far) standardization for enhanced fund security
Singapore, Sept. 12, 2023 (GLOBE NEWSWIRE) — OKLink, a leading Web 3.0 on-chain data provider under OKG Technology Holdings Limited (1499.HK), and C...
Gbp/usd could extend the decline on failure to defend 1.2420 – socgen
GBP/USD gave a break below the neckline of a Head and Shoulders resulting in a steady decline. GBP/USD is now close to interim support of 1.2420 repre...
Eur/usd: another lurch lower for the zew could break out the tentative bounce to 1.0750 – socgen
The German ZEW survey traditionally is not considered a market mover but the negative surprises from Germany this month suggest the opposite is true a...
Eur/chf daily outlook
Daily Pivots: (S1) 0.9557; (P) 0.9571; (R1) 0.9591; More… Intraday bias in EUR/CHF remains neutral for the moment, and outlook stays bearish with 0....
Another boe hike likely as wage growth continues to rise
The Bank of England may have little option but to raise rates again next week despite comments recently indicating the debate will be fairly balanced....
Trading breakouts and pullbacks: trading strategies
Navigating the volatile world of trading requires sharp instincts and well-strategised techniques. Breakouts and pullbacks are key concepts in trading...
Jasper’s market squawk 12-09-2023
Absence of News Leads Markets Higher Global indices were up across the board without major economic data events to dent optimism. Shorter-end yields s...
Podcast – china’s deflationary pressure eases, further cooling expectations on us inflation may be derailed by rising oil prices
OANDA Senior Market Analyst Kelvin Wong joins Jonny Hart to discuss the latest China’s consumer inflation and factory gate prices for August that ha...
Eur/usd daily outlook
Daily Pivots: (S1) 1.0719; (P) 1.0739; (R1) 1.0770; More… Intraday bias in EUR/USD stays neutral as consolidation continues above 1.0685. Outlook wi...
Nzd/usd forecast: signal after strong new zealand economic data
The NZD/USD consolidation continued on Tuesday after the latest New Zealand retail sales numbers. The pair was trading at 0.5908, a few points above t...
Eur/usd outlook: bulls remain on the sidelines; us cpi on wednesday eyed ahead of ecb
EUR/USD retreats from a one-week top and is pressured by the emergence of some USD dip-buying. Bets for one more Fed rate hike remain supportive of el...
The ecb’s role: lifeline or trampoline for eur/usd amidst rate hike speculation
ECB may be a lifeline not a trampoline for EUR/USD September’s ECB meeting will be a binary risk event for the euro. Our baseline scenario sees a ra...
Gbp/usd daily outlook
Daily Pivots: (S1) 1.2471; (P) 1.2509; (R1) 1.2547; More… Intraday bias in GBP/USD remains neutral as consolidation from 1.2443 is extending. Upside...
European equities open slightly higher to kick start the day
Eurostoxx +0.2%Germany DAX +0.1%France CAC 40 +0.2%UK FTSE +0.2%Spain IBEX +0.3%Italy FTSE MIB +0.2%US futures are mostly little changed, with S&P 500...
Usd/chf daily outlook
Daily Pivots: (S1) 0.8895; (P) 0.8911; (R1) 0.8925; More…. Intraday bias in USD/CHF stays neutral as consolidation from 0.8943 is extending. While d...
Usdjpy technical analysis - watch the us data
US:The Fed hiked by 25 bps as expected and kept everything unchanged at the last meeting.Fed Chair Powell reaffirmed their data dependency and kept al...
Cyprus regulator officially deregisters local binance entity
The Cyprus Securities and Exchange Commission (CySEC) confirmed yesterday (Monday) the deletion of Binance Cyprus Ltd from the Register of Service Pro...
Usd/jpy daily outlook
Daily Pivots: (S1) 145.91; (P) 146.59; (R1) 147.27; More… Intraday bias in USD/JPY remains neutral as consolidation from 147.88 is extending. While ...
Spain august final cpi +2.6% vs +2.6% y/y prelim
HICP +2.4% vs +2.4% y/y prelimThere is no change to the initial estimates but the core reading remains high at 6.1% year-on-year. That is just down a ...
Beginning of the end of fossil fuel era
Markets The first trading day of the week went by without much ado, apart from a lot of corporate supply. In its summer forecast update, the European ...
Intraday analysis – usd holds onto gains
USDCHF holds steady The US dollar consolidates gains as the market looks ahead to the August CPI data. The pair continues its way up after clearing th...
“bear market leader”? here’s a prime candidate
By Elliott Wave International As you may know, in every bull or bear market, some stocks or sector lead while others follow. So, the “leadership” ...
Chf/jpy technical: bullish exhaustion sighted below key resistance of 166.60
The recent four months of bullish acceleration may have reached a major climax condition at 166.60 resistance. The short-term minor trend of CHF/JPY h...
Tesla fuels market rally
Tesla jumped 10% yesterday and reversed morose mood due to the Apple-led selloff. Tesla shares flirted with the $275 per share on Monday, thanks to Mo...
