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Gbp/usd trades with a mild negative bias, below mid-1.2700 amid reviving usd demand
07/08/2023 04:59

Gbp/usd trades with a mild negative bias, below mid-1.2700 amid reviving usd demand

The GBP/USD pair extends Friday’s late pullback from the 1.2800 neighbourhood and edges lower during the Asian session on Monday, though lacks follo...

Oil price forecast:  production cuts underpin oil prices near april peak
07/08/2023 04:57

Oil price forecast: production cuts underpin oil prices near april peak

Saudi Arabia and Russia last week announced an extension of their supply cuts in an attempt to tighten global crude oil supply. The post Oil Price For...

Gold prices recover on cooling us labour market. should you buy?
07/08/2023 04:44

Gold prices recover on cooling us labour market. should you buy?

Amid US dollar hitting three-week low and Reserve Bank of India Monetary Policy Committee (MPC) meeting scheduled to begin from tomorrow, gold future ...

Crypto price today: bitcoin holds $29,000; ethereum remains below $1,850; shiba inu cracks 5%
07/08/2023 04:44

Crypto price today: bitcoin holds $29,000; ethereum remains below $1,850; shiba inu cracks 5%

Bitcoin was trading flat compared to the previous trading session as the largest crypto token managed to hold 29,000-mark, while Ethereum posted muted...

Pound sterling price news and forecast: gbp/usd is pressured by modest usd strength
07/08/2023 04:44

Pound sterling price news and forecast: gbp/usd is pressured by modest usd strength

GBP/USD trades with a mild negative bias, below mid-1.2700 amid reviving USD demand. The GBP/USD pair extends Friday’s late pullback from the 1.2800...

Ngx attracted n369.83bn fgn bonds, equities, other listings in seven months
07/08/2023 04:29

Ngx attracted n369.83bn fgn bonds, equities, other listings in seven months

The Nigerian Exchange Limited (NGX), attracted a total of N369.83billion new listings across equities, FGN Bonds, mutual funds, and derivatives catego...

Cryptocurrency price today: bitcoin remains below $30,000, shiba inu becomes biggest loser
07/08/2023 04:29

Cryptocurrency price today: bitcoin remains below $30,000, shiba inu becomes biggest loser

Bitcoin, the world’s oldest and most valued crypto, continued to trade sideways and remained below $30,000 over the weekend. Other popular altcoins ...

Forexlive asia-pacific fx news wrap 6 aug: the dollar is mixed to higher led by the usdjpy
07/08/2023 04:20

Forexlive asia-pacific fx news wrap 6 aug: the dollar is mixed to higher led by the usdjpy

USDJPY trades to a new session highFtich weighs in on China local-government financing vehiclesShanghai composite set to open down -0.3%PBOC set USD/C...

Usd/cad price analysis: bulls need to make it through 100-day sma hurdle near 1.3400 mark
07/08/2023 04:14

Usd/cad price analysis: bulls need to make it through 100-day sma hurdle near 1.3400 mark

The USD/CAD pair kicks off the new week on a subdued note and oscillates in a narrow band around the 1.3370 area through the Asian session. Spot price...

Indian shares set to open flat amid caution across global equities
07/08/2023 04:14

Indian shares set to open flat amid caution across global equities

Indian shares are set for a muted start on Monday, tracking Asian peers, on caution ahead of U.S. and China inflation data as well as the Reserve Bank...

Precious-gold off 3-week lows as investors brace for us inflation test
07/08/2023 04:14

Precious-gold off 3-week lows as investors brace for us inflation test

Focus on US CPI data due on Wednesday * US dollar on back foot, bond yields off Nov 2022 highs (Adds comments, updates prices as of 0325 GMT) By Swati...

Pairs in focus this week oil, eur/usd, usd/cad, usd/jpy
07/08/2023 04:14

Pairs in focus this week oil, eur/usd, usd/cad, usd/jpy

Forex Brokers We Recommend in Your Region See full brokers list 1 read full review get started US Oil (WTI Crud … Read Full Story at source (may req...

How has the fed pricing shifted after friday's jobs report?
07/08/2023 04:03

How has the fed pricing shifted after friday's jobs report?

Here's a look at the change in the Fed funds futures curve after the Fed policy decision in July and after the US non-farm payrolls last Friday:The ch...

Us dollar struggles to hold gains ahead of cpi: eur/usd, gbp/usd, usd/jpy price setups
07/08/2023 04:00

Us dollar struggles to hold gains ahead of cpi: eur/usd, gbp/usd, usd/jpy price setups

Mixed US jobs data released on Friday points to a limited upside in the US dollar ahead of the key US inflation data due on Wednesday. What is the out...

Gold price forecast: xau/usd needs validation from 50 dma to extend the recovery
07/08/2023 03:59

Gold price forecast: xau/usd needs validation from 50 dma to extend the recovery

On the flip side, any recovery will need to find acceptance above the flattish 50-Daily Moving Average (DMA) at $1,945, above which a fresh run toward...

Weekly forex forecast nasdaq 100 index, usd/jpy, cocoa fut
07/08/2023 03:59

Weekly forex forecast nasdaq 100 index, usd/jpy, cocoa fut

the usd/jpy currency pair began the week rising strongly enough to look as if it might reach its long-term highs, but the end of the week saw the Yen ...

Markets week ahead: british pound, euro, gold, us dollar, cpi and gdp data
07/08/2023 03:59

Markets week ahead: british pound, euro, gold, us dollar, cpi and gdp data

The us dollar managed to outperform its major counterparts this past week despite a weak finish on Friday. That followed the nonfarm payrolls r … Re...

Yellow corporation files for chapter 11 bankruptcy in us district court
07/08/2023 03:52

Yellow corporation files for chapter 11 bankruptcy in us district court

Yellow Corp., a 99-year-old trucking firm and the third largest less-than-truckload carrier in the U.S., has filed for bankruptcy. This decision follo...

Eur/usd faces uphill task, key support intact
07/08/2023 03:49

Eur/usd faces uphill task, key support intact

Key Highlights EUR/USD is consolidating above the 1.0920 support. A major bearish trend line is forming with resistance near 1.1030 on the 4-hour char...

Gold firms as dollar, yields fall before us inflation test
07/08/2023 03:44

Gold firms as dollar, yields fall before us inflation test

Gold prices firmed on Monday after a slower-than-expected U.S. job growth data knocked the dollar and bond yields off their recent highs, as investors...

Usd/jpy traces mildly bid yields near 142.00, ignores hawkish boj concerns ahead of us cpi
07/08/2023 03:44

Usd/jpy traces mildly bid yields near 142.00, ignores hawkish boj concerns ahead of us cpi

US CPI, PPI and BoJ chatters will be important for clear directions. Read Full Story at source (may require registration) The post USD/JPY traces mild...

Eth staking statistics turn bearish on regulatory uncertainty
07/08/2023 03:34

Eth staking statistics turn bearish on regulatory uncertainty

ETH found much-needed support this morning but remained at sub-$1,850. Staking inflows tumbled on Sunday while pending withdrawals climbed higher. The...

Stock market live updates: sensex, nifty set to open flat amid caution across global equities
07/08/2023 03:29

Stock market live updates: sensex, nifty set to open flat amid caution across global equities

India’s GIFT Nifty on the NSE International Exchange was up 0.09% at 19,607.50, as of 7:56 a.m. IST. Asian equities were subdued, with the MSCI Asia...

Bitcoin, ether flat; solana leads winners
07/08/2023 03:29

Bitcoin, ether flat; solana leads winners

Bitcoin traded flat on Monday morning in Asia, staying just above the US$29,000 support level, while the token’s volatility rating hit a record low....

Gbp/usd: weekly forecast 6th august – 12th august
07/08/2023 03:29

Gbp/usd: weekly forecast 6th august – 12th august

Forex Brokers We Recommend in Your Region See full brokers list 1 read full review get started The g … The post Gbp/Usd: Weekly Forecast 6Th August ...

Eur/usd: weekly forecast 6th august – 12th august
07/08/2023 03:29

Eur/usd: weekly forecast 6th august – 12th august

(MENAFN- Daily Forex) Forex Brokers We Recommend in Your Region See full brokers list 1 read full review get started The eur/usd finished last week’...

Avoiding the disposition effect when forex trading
07/08/2023 03:21

Avoiding the disposition effect when forex trading

In the realm of financial markets, the “disposition effect” is a common behavioral bias that impacts individual investors’ decisions. The dispos...

Most volatile forex pairs to trade
07/08/2023 03:21

Most volatile forex pairs to trade

In the realm of the foreign exchange market, understanding the concept of volatility is crucial. When you trade currency pairs, the level of volatilit...

Understanding the bullish harami candlestick pattern
07/08/2023 03:19

Understanding the bullish harami candlestick pattern

Candlestick patterns are a crucial part of technical analysis, providing traders with visual cues about market sentiment and potential price reversals...

Boj opinions: flexible ycc needed while maintaining monetary easing
07/08/2023 03:18

Boj opinions: flexible ycc needed while maintaining monetary easing

In the Summary of Opinions at the July 27-28 meeting, BoJ reinforced its commitment to monetary easing but highlighted a pressing need for more “fle...

Yellow corporation files voluntary chapter 11 petitions
07/08/2023 03:16

Yellow corporation files voluntary chapter 11 petitions

International Brotherhood of Teamsters Drives Nearly 100-Year-Old Company Out of Business 30,000 American Jobs Lost NASHVILLE, Tenn., Aug. 06, 2023 (G...

Nzd/usd price analysis: kiwi rebound eyes 0.6150 and nz/us inflation clues
07/08/2023 03:15

Nzd/usd price analysis: kiwi rebound eyes 0.6150 and nz/us inflation clues

Kiwi sellers need validation from multi-day-old horizontal support zone, RBNZ Inflation Expectations and US CPI. Read Full Story at source (may requir...

Gold prices fall; analysts see limited upward momentum
07/08/2023 03:15

Gold prices fall; analysts see limited upward momentum

0308 GMT — Gold prices are lower in Asian trade. Analysts at Galaxy Futures reckon the precious metal is likely to remain in a rangebound pattern in...

Gold price forecast: xau/usd struggles to capitalize on post-nfp bounce from multi-week low
07/08/2023 03:15

Gold price forecast: xau/usd struggles to capitalize on post-nfp bounce from multi-week low

Gold price edges lower on Monday and is pressured by the emergence of some US Dollar buying. Bets for more interest rate hikes by the Federal Reserve ...

Rpt-precious-gold firms as dollar, yields fall before us inflation test
07/08/2023 03:15

Rpt-precious-gold firms as dollar, yields fall before us inflation test

Aug 7 (Reuters) – Gold prices firmed on Monday after a slower-than-expected U.S. job growth data knocked the dollar and bond yields off their recent...


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