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Market outlook for the week of 21 - 25 august
On Tuesday, the BoJ Core CPI y/y data is expected in Japan, providing insights into the nation's core inflation dynamics. Meanwhile, in the United Sta...
China crash? how worried forex traders should be
China hit a couple of worrying milestones over the weekend, amidst a flurry of negative data from the world’s second-largest economy. The government...
Russell 2000 technical analysis - watch these key levels
The Russell 2000 selloff has been remarkable with key levels being breached with no hesitation as the sentiment turned negative. The reason for the se...
Eur/usd daily outlook
Daily Pivots: (S1) 1.0847; (P) 1.0871; (R1) 1.0896; More… Intraday bias in EUR/USD is turned neutral as it continued to lose downside momentum ahead...
Play of the day: aud/usd bearish continuation pattern
If you’re hoping to catch a big move from AUD/USD, you might wanna check out this symmetrical triangle on its hourly time frame......
Japan mof raises assumed long-term interest rate for the coming fiscal year
The assumed long-term interest rate for the fiscal year 2024/25 was previously at a record low of 1.1% but that has now been tweaked to 1.5%. The repo...
European equities little changed at the open today
Eurostoxx +0.1%Germany DAX +0.1%France CAC 40 +0.1%UK FTSE +0.1%Spain IBEX +0.2%It's a slow start to the day with US futures also not hinting at much,...
Intraday analysis – eur remains under pressure
EURUSD grinds major support The euro retreats as a fall in Euro zone inflation would ease pressure on the ECB. On the daily chart, the price is grindi...
Aud/jpy technical: watch 92.80 key downside trigger level
Weak medium-term momentum may kickstart a medium-term downtrend phase for AUD/JPY. Key short-term resistance stands at 93.70 with a potential downside...
Uncertainty on policy mix keeps yuan in defensive
Markets High profile technical levels eventually prevailed last Friday in a session absent of eco data, central bank speak or any other high-profile e...
Usd/cad daily outlook
Daily Pivots: (S1) 1.3527; (P) 1.3551; (R1) 1.3577; More…. Intraday bias in USD/CAD stays on the upside despite loss of upside momentum. Current ral...
Nzd/usd price analysis: kiwi bears dominate within pennant formation, 0.5910 eyed
NZD/USD bears keep the reins despite showing resilience around 0.5920 heading into Monday’s European session. In doing so, the Kiwi pair drops for t...
Markets week ahead: gold, us dollar, nasdaq 100, treasury yields, jackson hole, china
How Markets Performed – Week of 8/14 Forecasts: british pound (gbp) latest: gbp/usd arm wrestle continues, jackson hole nears Sterling remains above...
Aud/usd daily report
Daily Pivots: (S1) 0.6380; (P) 0.6404; (R1) 0.6430; More… Intraday bias in AUD/USD remains on the downside despite loss of downside momentum. Curren...
Eur/chf daily outlook
Daily Pivots: (S1) 0.9554; (P) 0.9576; (R1) 0.9616; More… Intraday bias in EUR/CHF remains neutral as sideway trading continues. On the upside, brea...
Fx option expiries for 21 august 10am new york cut
There is just one to take note of for the day, as highlighted in bold.That being for EUR/USD at the 1.0900 mark, which could help to limit any major u...
Gbp/jpy daily outlook
Daily Pivots: (S1) 184.50; (P) 185.22; (R1) 185.89; More… Intraday bias in GBP/JPY stays mildly on the downside at this point. Pull back from 186.45...
Eur/jpy daily outlook
Daily Pivots: (S1) 157.66; (P) 158.12 (R1) 158.59; More…. Intraday bias in EUR/JPY stays mildly on the upside at this point. Pull back from 159.32 c...
Aud/jpy technical: watch 92.80 key downside trigger level
Weak medium-term momentum may kickstart a medium-term downtrend phase for AUD/JPY. Key short-term resistance stands at 93.70 with a potential downside...
Eur/gbp daily outlook
Daily Pivots: (S1) 0.8523; (P) 0.8540; (R1) 0.8555; More… Intraday in EUR/GBP is turned neutral with current recovery, but further decline is expect...
Uae: gold prices steady in dubai, analysts see it drop to $1,800
Dubai Jewellery Group data showed 24K trading at Dh229.25 per gram on Monday morning, up Dh0.25 from last week. While 22K, 21K and 18K opened at Dh212...
Gbp/usd expected to maintain the consolidative mood – uob
GBP/USD is still seen trading within the 1.2640-1.2830 range for the time being, suggest UOB Group’s Economist Lee Sue Ann and Markets Strategist Qu...
Eur/usd recovers some lost ground near 1.0880 ahead of german ppi
EUR/USD recovers some lost ground near 1.0800 ahead of German economic data. The easing Eurozone inflation data alleviated pressure on the European Ce...
China rate cuts remain short of expectations, focus on jackson hole, brics
The week starts with weak appetite as Chinese banks cut loan rates less than expected; the 1-year LPR was cut by 10bp to a record low versus 15bp cut ...
Modest chinese rate cut
Market movers today The week is off to a quiet start in terms of data releases with nothing significant in the calendar. The big data event this week ...
More small and midsize firms going bankrupt post pandemic
Small and midsize businesses are going bankrupt at a faster pace than during the COVID-19 pandemic as loans taken out during the difficult economic ti...
Rupee gains 5 paise against us dollar amid positive trends in domestic equities
The Rupee bounced back from its record-low levels, strengthening by 5 paise to reach Rs 83.05 against the Dollar in early trading on Monday. The upwar...
Gold regains footing as focus turns to jackson hole summit
Investors’ focus will be on Federal Reserve chair Jerome Powell’s speech on Friday, as central bankers assemble in Jackson Hole for their annual c...
Ordinals still make up majority of bitcoin txs despite price collapse
More than three-quarters of Bitcoin network activity is being driven by Ordinal inscriptions with more than 400,000 of them per day. Read Full Story T...
Aud/usd price analysis: pair treads water above 0.6400, technical indicates selling bias
On the upside, the seven-day Exponential Moving Average (EMA) at 0.6441 emerges to be a key barrier. A break above that level could provide support to...
Eur/usd faces a solid support around 1.0830 – uob
UOB Group’s Economist Lee Sue Ann and Markets Strategist Quek Ser Leang note further downside in EUR/USD is likely to meet s decent support near 1.0...
Eurostoxx futures flat in early european trading
German DAX futures flatUK FTSE futures flatThis comes as US futures are also mirroring a rather pensive mood, with S&P 500 futures marginally lower by...
S&p 500 technical analysis - key support in sight
The S&P 500 selloff has been remarkable with key levels being breached with no hesitation as the sentiment turned negative. The reason for the selloff...
Germany july ppi -1.1% vs -0.2% m/m expected
Prior -0.3%The big chunk of the decline continues to be energy-driven with energy prices having fallen by 2.5% compared to June. The good news at leas...
Kiwibank māori business loan project making it easier for non-māori borrowers too
Kiwibank is approving a greater proportion of small business loans thanks to a project to remove barriers to Māori entrepreneurs securing capital to ...
