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Japanese yen and nikkei 225 tank as us dollar re-asserts itself. new usd/jpy highs?
The Japanese Yen melted again today as the US Dollar ascendency got back on track after investors and traders reassessed their exposure to risk assets...
Trade ideas thread - european session 3 august 2023
And so the dollar marches on, brushing aside the news that Fitch has downgraded the US credit rating yesterday. A more dour risk mood certainly helped...
Technical outlook and review
DXY: The US dollar index (DXY) chart indicates a bullish momentum, suggesting a potential bullish continuation towards the 1st resistance level at 102...
Nzd/usd settles below key support, more losses ahead?
Key Highlights NZD/USD is gaining bearish momentum below the 0.6120 support. A major bearish trend line is forming with resistance near 0.6140 on the ...
I would not sell us equities because of fitch downgrade: steve englander, standard chartered bank
Steve Englander of Standard Chartered Bank believes that the panic caused by the Fitch downgrade of the US rating is a pure risk premium, with US CDS ...
Will bitcoin hit $100,000 or crash again in 2023?
Can Bitcoin reach $100,000 by 2023? Experts’ views differ, but long-term investors find hope in its bullish trends. Read Full Story The post Will Bi...
Microstrategy to stay on bitcoin course even if spot etfs approved: saylor
MicroStrategy co-founder Michael Saylor will continue with the firm’s Bitcoin strategies regardless of whether a spot BTC ETF is approved. Read Full...
Fx option expiries for 3 august 10am new york cut
There are just a couple to take note of for today, as highlighted in bold.That being for EUR/USD around the 1.0900 to 1.0920 region and they are relat...
Watchdog investigating state employees accused of ppp loan fraud
Fraud in the PPP program has been widespread across the United States. In a June report, the inspector general for the SBA estimated that the agency p...
Gbp/usd stays vulnerable to refresh multi-day low around 1.2700 as cable bears brace for boe
GBP/USD languishes near a three-week low marked the previous day, stays defensive near 1.2710 by the press time as it portrays the market’s anxiety ...
Bank of england set to hike interest rate
The Bank of England is set to lift its key interest rate on Thursday after its major counterparts U.S. Federal Reserve and the European Central Bank l...
Boe the highlight of the agenda in the session ahead
Markets are in a calmer mood so far ahead of European trading but we should see the narrow ranges among major currencies stretch out later on. How tha...
Business beat: sba accepting economic injury applications related to 2022 flooding
Low-interest disaster loans from the U.S. Small Business Administration are available to businesses and residents in West Virginia due to damages from...
Usd/cad sits near multi-week top around mid-1.3300s amid bullish usd, softer oil prices
AUD/USD is eyeing a sustained move above 0.6550, helped by a surprise increase in the Chinese Caixin Services PMI for July. Mixed Australian prelimina...
Gold price forecast: xau/usd upside appears limited amid triangle breakdown
Alternatively, Gold buyers will find immediate upside barrier at the 50 DMA of $1,945, above which strong resistance near $1,952 will come into play. ...
Gold near 3-week lows as us data points to more fed tightening
Gold prices languished near three-week lows on Thursday after a larger-than-expected increase in U.S. private payrolls in July fuelled bets on more mo...
A calmer mood in markets ahead of european trading today
Are we ready to move past that US credit rating downgrade already? The US dollar definitely already has, focusing on the hot ADP employment data here ...
Boe to hike for sure, but by 25bps or 50bps?
BoE is widely expected to continue tightening today, though the extent of interest rate hike remains a point of contention. Markets currently slightly...
Rs10b diverted from small loans to business, agriculture loans
In a significant move, the Ministry of Industries and Production (MoIP) has declined to execute the Prime Minister’s Youth Programme for Small Loans...
Gold etfs: waiting on 2024 rate cuts
get access to the world’s leading hedge fund shareholder letters and learn what opportunities they’re looking at to maximize their 2023 returns. R...
Forexlive asia-pacific fx news wrap: china service pmi for august beats
ANZ reiterates its end-2023 oil price target of $100/barrelFederal Reserve speakers Thursday include BarkinEuropean Central Bank Executive Board membe...
Anz reiterates its end-2023 oil price target of $100/barrel
Reuters conveying the main points from a note vias ANZ, analysts at the bank: Maintain end of year oil price target at $100/bbl; says upside beyond th...
Federal reserve speakers thursday include barkin
Schedule for 1230 GMT, which is 0830 US Eastern time:Federal Reserve Bank of Richmond President Thomas Barkin speakstopic is "Recession Revisited", be...
Us indices rally beginning to crack? s&p 500, nasdaq price setups
Relatively bigger down days than up days since late July on the daily charts of the Nasdaq 100 index and the S&P 500 index’s fall below support for ...
Pound to new zealand dollar rate outlook: gbp/nzd at three-year best on wages, jobs data
The Pound New Zealand Dollar (GBP/NZD) exchange rate tested a three-year-best on Wednesday after NZ released 2Q jobs data overnight, giving the RBNZ t...
Gold price forecast: xau/usd stages a modest recovery from multi-week low, upside seems limited
Gold price ticks higher during the Asian session on Thursday and reverses a part of the previous day’s decline to the $1,933-$1,932 region, or a thr...
4 crypto stocks to watch as bitcoin miners rally in 2023
MicroStrategy Incorporated MSTR: This is an enterprise analytics software and services provider operating in the United States, Canada, Europe, the Mi...
Usd/jpy: boj meddling, strong jgb yields tease yen buyers above 143.00, us ism services pmi eyed
Alternatively, US Treasury Secretary Janet Yellen and White House (WH) Economic Adviser Jared Bernstein defended the credibility of the US Treasury bo...
European central bank executive board member panetta is speaking thursday on disinflation
Coming up at 0900 GMT, which is 0500 US Eastern time:Panetta delivers speech at a webinar titled "Getting disinflation right" organised by Bocconi Uni...
Uncf hosting major panel discussion on hbcu transformation and recent supreme court ruling on affirmative action at nabj national convention, aug. 4
UNCF President and CEO Dr. Michael L. Lomax will be joined by Thurgood Marshall College Fund President Dr. Harry L. Williams and Blue Meridian Partner...
Atlantic equities downgrades idexx laboratories
Fintel reports that on August 2, 2023, Atlantic Equities downgraded their outlook for Idexx Laboratories (NASDAQ:IDXX) from Overweight to Neutral. Ana...
Where is gold heading after fed interest rate hike?
The price of gold was resilient following the latest US Federal Fund Rate rise of a quarter point to 5.5 per cent, moving towards $2,000 per ounce. Go...
Eur/usd price analysis: euro positions for key data above 1.0910 support amid oversold rsi
In doing so, the Euro pair takes clues from the oversold RSI (14) line, as well as the market’s positioning for the inflation and employment clues f...
Morgan stanley expect a final rate hike from the reserve bank of australia in november
Morgan Stanley on a Reserve Bank of Australia rate hike still to come:The RBA now appears comfortably in data-dependent mode, with little suggestion t...
Eth bears eye sub-$1,800 as us doj considers binance fraud charges
ETH is set for another choppy session, with increasing scrutiny of the US crypto market likely to test investor sentiment. The post ETH Bears Eye Sub-...
