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Aud/usd languishes near ytd trough, eyes mid-0.6400s ahead of us data
The AUD/USD pair fades an intraday bullish spike to the 0.6520 region and retreats to the lower end of its daily range during the early part of the Eu...
Understanding news-based trading
Do you know how powerful news-based trading can be? Learn the modern news trading strategy. Trade the news and gain a competitive advantage today......
Aud/usd outlook: aus yearly wage growth sees surprising dip
Australian wage growth remained stable in the June quarter. Yearly pay increases in Australia unexpectedly slowed, raising hopes that inflationary pre...
Fomc minutes and the rising dollar
The dollar could get another boost tomorrow following the release of the minutes of the last FOMC meeting. What investors are likely to be mostly focu...
Usdcad technical analysis - a breakout of this trendline can lead to a big move
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...
Meet industry leading brands at fmls:23
The Finance Magnates London Summit (FMLS) has emerged as a landmark event that brings together industry-leading brands. Nowhere is this more apparent ...
Russia's central bank raises key interest rate from 8.5% to 12% in extraordinary meeting
That's a whopping 350 bps rate hike as Russia tries to stem the bleeding in the currency, which has been on a massive downtrend amid the economic fall...
Pound us dollar exchange rate slips
The Pound US Dollar (GBP/USD) exchange rate stumbled as global growth concerns weigh heavy once more, boosting safe-haven flows. At time of writing th...
Icymi: china with three rate cuts in one day to try and bolster the economy
PBOC cuts MLF to 2.50% from 2.65% previously, also cuts 7-day repo ratePBOC announces more rate cuts, this time to SLF ratesThe question is, are these...
Eur/usd daily outlook
Daily Pivots: (S1) 1.0867; (P) 1.0914; (R1) 1.0952; More… Intraday bias in EUR/USD stays on the downside at this point. Fall from 1.1274 is in progr...
Gbp/usd daily outlook
Daily Pivots: (S1) 1.2631; (P) 1.2673; (R1) 1.2729; More… Intraday bias in GBP/USD stays neutral as sideway trading continues above 1.2618. On the d...
Fx play of the day: usd/cad’s uptrend ahead of u.s. and canada’s data releases
USD/CAD just bounced from a short-term support zone ahead of today’s U.S. and Canadian data releases! Can the pair extend its uptrend?......
Eurusd technical analysis - watch these key levels
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...
Usd/chf daily outlook
Daily Pivots: (S1) 0.8747; (P) 0.8787; (R1) 0.8823; More…. Intraday bias in USD/CHF is turned neutral again as it failed to sustain above 0.8825 and...
Usd/cad steadies near 1.3450 on softer us dollar, upbeat oil price ahead of canada inflation, us retail sales
USD/CAD clings to mild losses near 1.3450 as it seesaws at the weekly top marked the previous day amid early Tuesday morning in Europe. In doing so, t...
Jacobi asset management lists europe’s first spot bitcoin etf on euronext amsterdam with a decarbonisation strategy
First digital asset fund compliant with SFDR Article 8 through its decarbonisation strategy. Leading index provider, Wilshire Indexes, partners with J...
Usd/jpy daily outlook
Daily Pivots: (S1) 144.94; (P) 145.26; (R1) 145.86; More… USD/JPY’s rally is in progress and intraday bias stays on the upside. Current rise form ...
European equities little changed at the open
Eurostoxx +0.1%Germany DAX +0.1%France CAC 40 +0.1%UK FTSE -0.3%Spain IBEX flatUK stocks are lower after the jobs report earlier, while bond yields ar...
Usd/cad daily outlook
Daily Pivots: (S1) 1.3439; (P) 1.3459; (R1) 1.3482; More…. USD/CAD is still bounded in consolidation below 1.3501 and intraday bias stays neutral. O...
Pboc announces cuts to standing lending facility rates
The overnight standing lending facility (SLF) rate is cut by 10 bps to 2.65% while the 7-day and 1-month SLF rates are cut by 10 bps each as well to 2...
Decyl cocoate market to reach usd 1.8 billion by 2031, expanding at a cagr of 5.5% says, transparency market research
Increasing demand for natural and sustainable products and growth of the pharmaceutical industry is likely to positively influence the decyl cocoate m...
Minutes to rba’s august meeting strike a more optimistic tone
The minutes of the Reserve Bank Board’s August meeting show a further evolution consistent with policy being more firmly on hold. As in May, June an...
New zealand dollar (nzd) to singapore dollar (sgd) exchange rate history
Friday 7 July 2023 1 NZD = 0.83801 SGD NZD SGD rate for 07/07/2023 Thursday 6 July 2023 1 NZD = 0.83390 SGD NZD SGD rate for 06/07/2023 Wednesday 5 Ju...
Etfs may account for 10% of bitcoin market value if approved, bernstein says
The probability of a spot Bitcoin ETF has risen, Bernstein analyst Gautam Chhugani wrote in the report Monday. Read Full Story The post ETFs may accou...
Boe faces pressure following average earnings spike as unemployment rises, gbp/usd bid
UK unemployment rises to levels last seen in late 2021. Average earnings touted as key by the BOE smashed estimates and is likely to add pressure on t...
Eur/gbp fades recovery from 0.8590 support after upbeat uk employment data, focus on german/eu zew statistics
A clear U-turn from the 100-DMA resistance, around 0.8665 by the press time, joins the looming bear cross on the MACD and a steady RSI (14) line to ke...
China’s surprise cut won’t be enough
China surprised by cutting its one-year medium-term lending facility (MLF) rates by 15bp to 2.50% today to give a jolt to its economy that has not onl...
The chinese central bank cuts rates
Market movers today Tuesday kicks off with inflation data out from Sweden. Again, and despite last month’s miss, we expect Swedish July inflation to...
Nasdaq 100 technical: potential minor countertrend rebound
Prior 5-day decline has reached short-term oversold condition right at a 14,950 key minor support. Positive price action follow-through seen yesterday...
Technical outlook and review
DXY: The DXY chart is currently showing a neutral momentum, suggesting a lack of clear direction. The price is expected to fluctuate between the 1st s...
Boe faces pressure following average earnings spike as unemployment rises, gbp/usd bid
UK unemployment rises to levels last seen in late 2021. Average earnings touted as key by the BOE smashed estimates and is likely to add pressure on t...
Switzerland july producer and import prices -0.1% vs 0.0% m/m prior
Prior 0.0%Producer and import prices -0.6% y/yPrior -0.6%Breaking it down, producer prices were flat on the month and it was import prices that proved...
Uk wage surge fuels hawkish boe outlook amid rising unemployment
The UK’s Labour Market Overview reveals a complex scenario: higher wage growth coexists with a rising unemployment rate, questioning the BoE’s nex...
Uk payrolled employment rose 97k in jul, unemployment rate at 4.2% in jun
UK payrolled employment grew 97k, or 0.3% mom in July. June’s figure was revised from -9k decrease to 47k increase. Median monthly pay rose 7.8% yoy...
What's the verdict on the uk jobs report?
The pound is getting a slight lift from the numbers with cable moving up from 1.2680 to 1.2700-10 at the moment. But is the report a straightforward p...
