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Eur/gbp technical: recent downside momentum subsided
The 4-hour RSI oscillator has traced out a bullish divergence condition at its oversold region. A break above the 50-day moving average now acts as a ...
Usdchf and usdjpy: usdjpy is rising above the 142.00 level
USDCHF and USDJPY: USDJPY is rising above the 142.00 level During the Asian trading session, USDCHF rose to the 0.87200 level. During the Asian tradin...
Uk platform to finance ghana small businesses in local currency
A UK initiative will provide Ghana’s small businesses with loans in the local currency, helping to tackle the $4.8 billion funding gap that is one o...
Bitcoin sv price prediction as bsv becomes best performing coin on the market – can bsv overtake bitcoin?
The price of Bitcoin SV (BSV) has risen by 11% in the past 24 hours, with its jump to $39.83 making it one of the best-performing top-100 coins in the...
Sec asked coinbase to delist all cryptocurrencies except for bitcoin
Coinbase CEO said the SEC requested the exchange to suspend trading of all digital assets listed on the platform except for Bitcoin. Read Full Story T...
Bitcoin and ethereum: bitcoin up to $29500 this morning
Bitcoin and Ethereum: Bitcoin up to $29500 this morning Early this morning, we saw a strong bullish impulse and a jump in the price of Bitcoin from $2...
Euro area growth ticks higher; eur/usd holds above 1.1000
In the second quarter of 2023, seasonally adjusted GDP increased by 0.3%, according to a preliminary flash estimate published by Eurostat......
Gold and silver: gold is consolidating around $1,950
Gold and silver: gold is consolidating around $1,950 During the Asian trading session, we saw a pullback in the price of gold to the $1952 level. Duri...
Gold technical analysis - watch out for economic data this week
Last week, the Fed hiked interest rates by 25 bps as expected leaving the policy statement unchanged. The market was eager to get some clues on the ne...
Oil and natural gas: oil remains bullish above $80.00
Oil and Natural Gas: Oil remains bullish above $80.00 During the Asian trading session, the price of oil retreated from $80.66 to the $80.00 level. Du...
Japan ruling party heavyweight says boj policy tweak could pour could water on the economy
BOJ decision could pour could water on the economy, needs high attentionPolicy tweak sends a message to finally exit from easing policyOn the final po...
European shares mostly higher after eu inflation, growth data
European stocks were flat to slightly higher on Monday after China’s State Council announced further measures to bolster consumption and economic gr...
Eurusd and gbpusd: euro under pressure at 1.10000 level
EURUSD and GBPUSD: Euro under pressure at 1.10000 level During the Asian trading session, EURUSD continued its retreat from 1.10400 to 1.10050. During...
Feds scrutinize covid-19 aid loans to florida businessman whose relatives admitted fraud
A Tampa Bay businessman is under scrutiny from federal investigators after receiving $4.3 million in Covid-19 relief loans. Read Full Story at source ...
Robert kiyosaki says us economy not strong; suggests people should invest in bitcoin
The author of the hit book “Rich Dad Poor Dad” said the BRICS is leading a movement to develop a new currency backed by gold. Read Full Story The ...
Eur/usd can be dragged back towards the 1.0920 area – ing
Unless we see some downside surprises to the US activity data this week it looks as though EUR/USD can be dragged back towards the 1.0920 area. See: E...
Technical analysis & forecast for july 31, 2023
GBP initiates a correction wave, while an overview of other major currencies and assets includes EUR, JPY, CHF, AUD, Brent, Gold, and the S&P 500 inde...
Euro area inflation drops to 5.3% in july, core cpi unchanged at 5.5%
Dip in Euro Area inflation in July is expected to provide relief for policymakers and consumers. The post Euro Area Inflation Drops to 5.3% in July, C...
Daily forex news and watchlist: aud/chf
The RBA is about to drop its monetary policy decision! Think the event will help AUD/CHF extend its downtrend?......
A little bit of this and that for the ecb today
The slightest of beats in the quarterly GDP reading for Q2 will at least provide the ECB some comfort, even as growth conditions are seen slowing down...
Ftse 100 marginally lower ahead of key eu data
U.K. stocks were subdued on Monday ahead of key EU inflation and GDP data due out later in the day. Read Full Story The post FTSE 100 Marginally Lower...
Eurozone gdp grew 0.3% qoq in q2, eu flat
Eurozone GDP grew 0.3% qoq in Q2, above expectation of 0.2% qoq. EU GDP was flat at 0.0% qoq. Among the Member States for which data are available, Ir...
Eurozone cpi slowed to 5.3.% in jul, core unchanged at 5.5%
Eurozone CPI slowed from 5.5% yoy to 5.3% yoy in July, matched expectations. CPI core (excluding energy, food, alcohol & tobacco) was unchanged at 5.5...
Eurozone q2 preliminary gdp +0.3% vs +0.2% q/q expected
Prior -0.1%GDP +0.6% vs +0.5% y/y expectedPrior +1.0%The slight beat is at least a welcoming number for the ECB but the outlook is still very much unc...
Eurozone july preliminary cpi +5.3% vs +5.3% y/y expected
Prior +5.5%Core CPI +5.5% vs +5.4% y/y expectedPrior +5.5% This article was written by Justin Low at www.forexlive.com......
Hardware acceleration market is growing at 51% cagr to hit us$ 177 billion by 2033 | fact.mr
UK and Germany Drive Demand for Hardware Acceleration Solutions in Europe, Fueled by Adoption of Mac Rockville, July 31, 2023 (GLOBE NEWSWIRE) — As ...
European markets marginally lower ahead of inflation data
London -0.28% Germany -0.13% Germany retail sales drop 1.6% in June, better than consensusFrance -0.01%.SNB total sight deposits w.e … Read Full Sto...
Gold set for monthly gain as end to rate-hike cycle looms
Gold prices were bound for their biggest monthly gain in four on Monday as expectations grew that major global central banks may be nearing the end of...
The $52 trillion case to buy gold and spdr gold trust etf(gld)
Gold price has moved sideways in the past few days as investors assess the impact of last week’s Federal Reserve decision and the falling US consume...
Eur/usd: rising towards the resistance level of $1.1080
GBP/USD aptly portrays the market’s indecision near 1.2850 early Europe, bracing for a key week comprising the BoE policy decision and the US NFP da...
Aud/usd higher on the day but buyers have more work to do
The aussie and kiwi are sitting higher today, helped out by China stimulus news and a rally in Asian stocks. European indices were more tepid early on...
Sec asked coinbase to suspend all cryptos except bitcoin before litigation: report
Coinbase has revealed that the Securities and Exchange Commission (SEC) had asked it to stop trading in all cryptocurrencies except Bitcoin before sui...
Jasper’s market squawk 31-07-2023
Markets Return to Optimism After Central Banks After the Fed and ECB provided more ambivalence about a rate hike in September than expected, markets t...
Dow jones technical analysis - the all-time high is in sight
Last week, the Fed hiked interest rates by 25 bps bringing the FFR to 5.25-5.50% as widely expected. The policy statement was left unchanged, so the m...
Uk june mortgage approvals 54.66k vs 49.00k expected
Prior 50.52k; revised to 51.14kNet consumer credit £1.7 billion vs £1.3 billion expectedPrior £1.1 billionOf note, the net borrowing of consumer cr...