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U.k. inflation rate falls more than expected in july, core rate steady
16/08/2023 06:58

U.k. inflation rate falls more than expected in july, core rate steady

U.K. inflation rate falls more than expected in July, core rate steady Read Full Story The post U.K. inflation rate falls more than expected in July, ...

Carlsberg posts forecast-beating rise in first-half adjusted earnings
16/08/2023 06:58

Carlsberg posts forecast-beating rise in first-half adjusted earnings

Carlsberg posts forecast-beating rise in first-half adjusted earnings Read Full Story The post Carlsberg posts forecast-beating rise in first-half adj...

Sterling a touch higher after uk cpi, dollar stays resilient
16/08/2023 06:57

Sterling a touch higher after uk cpi, dollar stays resilient

In the wake of UK CPI data, Sterling slightly higher, but lacks clear buying momentum. As BoE had anticipated, headline inflation demonstrated pronoun...

Back-to-back buybacks: plus500 pledges new $60m after previous $70m program
16/08/2023 06:54

Back-to-back buybacks: plus500 pledges new $60m after previous $70m program

After launching a $70 million share buyback program earlier this year, the publicly-listed London broker, Plus500 (LSE: PLUS), announced the commencem...

New business helping people pay down their student loans
16/08/2023 06:45

New business helping people pay down their student loans

With student loans restarting soon some employers are now helping employees tackle their debt. Consumer Investigator Rachel DePompa talks to the CEO o...

Gold price forecast: xau/usd holds above $1,900 as fed minutes loom – confluence detector
16/08/2023 06:45

Gold price forecast: xau/usd holds above $1,900 as fed minutes loom – confluence detector

Gold Price rebounds from seven-week low but lacks upside momentum while making rounds to key support. XAU/USD consolidates losses ahead of Fed Minutes...

Gold price today, 16 august: mcx gold falls 0.16%; support at rs 58570-58350, resistance at rs 59210-59480
16/08/2023 06:45

Gold price today, 16 august: mcx gold falls 0.16%; support at rs 58570-58350, resistance at rs 59210-59480

US gold futures were flat at $1,935.40, while Spot gold held its ground at $1,903.70 per ounce. (Photo: Reuters) Gold Price Today, Gold Price Outlook,...

Fx daily: more volunteers to support the us dollar
16/08/2023 06:45

Fx daily: more volunteers to support the us dollar

Data confirms the strength of the US economy and today’s industrial production and FOMC Minutes can only add fuel to the fire … Read Full Story at...

Fx play of the day: is cad/jpy ready for a reversal?
16/08/2023 06:44

Fx play of the day: is cad/jpy ready for a reversal?

CAD/JPY just broke its short-term uptrend! Does this mean that the pair is about to see a reversal?......

Eur/usd price analysis: remains in defensive mode above the 1.0900 area, eurozone gdp eyed
16/08/2023 06:29

Eur/usd price analysis: remains in defensive mode above the 1.0900 area, eurozone gdp eyed

From the technical perspective, EUR/USD holds below the 50- and 100-day Exponential Moving Averages (EMAs), implying the path of least resistance for ...

Oil prices forecast: china’s economic woes weigh on global oil prices
16/08/2023 06:26

Oil prices forecast: china’s economic woes weigh on global oil prices

China’s July data signals potential oil market disruptions, overshadowing U.S. inventory drops. The post Oil Prices Forecast: China’s Economic Woe...

Resilient us retail sales fuel inflation expectations, fed hawks
16/08/2023 06:24

Resilient us retail sales fuel inflation expectations, fed hawks

The Americans continue spending and that’s bad news for the entire world. Announced yesterday the July retail sales data came in better-than-expecte...

Market sentiment remains cautious
16/08/2023 06:22

Market sentiment remains cautious

Market movers today Following up on yesterday’s inflation data from Sweden which came in well in line with expectations, this morning the Prospera i...

Uk inflation inflation rate softens from 7.9% to 6.8% in july
16/08/2023 06:22

Uk inflation inflation rate softens from 7.9% to 6.8% in july

The UK annual inflation rate softened from 7.9% to 6.8% in July, a pivotal metric that could influence the Bank of England’s monetary policy expecta...

Eurostoxx futures -0.5% in early european trading
16/08/2023 06:18

Eurostoxx futures -0.5% in early european trading

German DAX futures -0.5%UK FTSE futures -0.4%This is also to do with a catch up to the losses in Wall Street yesterday, with a late dip in the final h...

Uk cpi slowed to 6.8% in jul, services inflation hit highest since 1992
16/08/2023 06:18

Uk cpi slowed to 6.8% in jul, services inflation hit highest since 1992

July saw a marked deceleration in UK’s CPI, falling from 7.9% yoy to 6.8% yoy , precisely in line with market expectations. Core CPI, which strips o...

Intraday analysis – usd keeps its edge
16/08/2023 06:18

Intraday analysis – usd keeps its edge

EURUSD tests critical support The US dollar advanced after an acceleration in July’s retail sales figures. The pair is seeking support over the dail...

Usd/cad seesaws around 1.3500 as softer oil price jostles with us dollar’s retreat, focus on fed concerns
16/08/2023 06:14

Usd/cad seesaws around 1.3500 as softer oil price jostles with us dollar’s retreat, focus on fed concerns

That said, the WTI crude oil drops half a percent to $80.25 by the press time as energy bears prod the one-week low marked the previous day amid fears...

Usdchf technical analysis - watch this resistance zone for another rally
16/08/2023 06:08

Usdchf technical analysis - watch this resistance zone for another rally

Last week, the US CPI came basically in line with expectations, but the good news is that the Core M/M reading once again printed at 0.2%. The less go...

Fxview sets the standard for customer service excellence in online trading
16/08/2023 06:04

Fxview sets the standard for customer service excellence in online trading

The world of Forex and CFD trading is as fast paced as it is competitive, and finding a broker that puts its clients first is a rare find. In this eve...

Uk july cpi +6.8% vs +6.8% y/y expected
16/08/2023 06:00

Uk july cpi +6.8% vs +6.8% y/y expected

Prior +7.9%Core CPI +6.9% vs +6.8% y/y expectedPrior +6.9%The headline reading is as per expected, reflecting the big decline in household energy bill...

Euro ahead of euro area gdp, fomc minutes: eur/usd, eur/aud, eur/gbp price setups
16/08/2023 05:59

Euro ahead of euro area gdp, fomc minutes: eur/usd, eur/aud, eur/gbp price setups

EUR is testing key levels against some of its peers ahead of the release of Euro area GDP data (due later today) and the FOMC minutes (due Thursday). ...

Eur/usd daily outlook
16/08/2023 05:57

Eur/usd daily outlook

Daily Pivots: (S1) 1.0884; (P) 1.0919; (R1) 1.0939; More… Intraday bias in EUR/USD stays on the downside for 1.0832 support. Decisive break there wi...

Usd/chf daily outlook
16/08/2023 05:55

Usd/chf daily outlook

Daily Pivots: (S1) 0.8754; (P) 0.8775; (R1) 0.8807; More…. Intraday bias in USD/CHF remains neutral and outlook is unchanged. On the upside, sustain...

Usd/jpy daily outlook
16/08/2023 05:52

Usd/jpy daily outlook

Daily Pivots: (S1) 145.17; (P) 145.52; (R1) 145.93; More… USD/JPY is losing upside momentum as seen in 4H MACD. But with 144.62 minor support intact...

Aud/usd daily report
16/08/2023 05:47

Aud/usd daily report

Daily Pivots: (S1) 0.6431; (P) 0.6476; (R1) 0.6501; More… AUD/USD’s break of 0.6457 support confirms resumption of whole decline from 0.7156. Intr...

Gold prices continue to struggle after sliding to 1-month lows as rising bond yields heap pressure on metals
16/08/2023 05:44

Gold prices continue to struggle after sliding to 1-month lows as rising bond yields heap pressure on metals

Gold prices slid further on Tuesday, falling to their lowest levels in more than a month, as U.S. Treasury yields and the U.S. dollar climbed followin...

Aud/usd bounces off fresh ytd low, lacks follow-through beyond mid-0.6400s
16/08/2023 05:44

Aud/usd bounces off fresh ytd low, lacks follow-through beyond mid-0.6400s

AUD/USD stages a modest recovery from a fresh YTD trough touched earlier this Wednesday. Retreating US bond yields keeps the USD bulls on the defensiv...

Usd/cad daily outlook
16/08/2023 05:43

Usd/cad daily outlook

Daily Pivots: (S1) 1.3459; (P) 1.3480; (R1) 1.3521; More…. Intraday bias in USD/CAD is back on the upside with break of 1.3501 resistance. Intraday ...

Eur/jpy daily outlook
16/08/2023 05:40

Eur/jpy daily outlook

Daily Pivots: (S1) 158.41; (P) 158.88; (R1) 159.21; More…. EUR/JPY continues to lose upside momentum as seen in 4H MACD. But with 158.17 minor suppo...

Eur/aud daily outlook
16/08/2023 05:36

Eur/aud daily outlook

Daily Pivots: (S1) 1.6785; (P) 1.6849; (R1) 1.6956; More… EUR/AUD’s rally continues today and intraday bias remains on the upside. Current rally i...

European shares to see cautious open as risk aversion deepens
16/08/2023 05:35

European shares to see cautious open as risk aversion deepens

European stocks may drift lower at open on Wednesday as worries about the U.S. banking sector deepened and data showed China’s new home prices fell ...

Eur/chf daily outlook
16/08/2023 05:33

Eur/chf daily outlook

Daily Pivots: (S1) 0.9566; (P) 0.9581; (R1) 0.9595; More… EUR/CHF is staying in established range and intraday bias remains neutral for the moment. ...

Bitcoin prices forecast: fed fear and a hot us economy rattle btc
16/08/2023 05:33

Bitcoin prices forecast: fed fear and a hot us economy rattle btc

A hot US economy intensified September Fed rate hike fears, leading to sharp losses in BTC and major US indices ahead of the Fed minutes later today. ...

Gbp to usd forecast and the cpi effect: british pound braces for volatility
16/08/2023 05:30

Gbp to usd forecast and the cpi effect: british pound braces for volatility

As the British Pound navigates a mixed start, today’s UK CPI Report could significantly sway the GBP to USD, with hawkish BoE bets in focus The post...


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