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Euro breaking news: dreadful german pmi pushes eur/usd below 1.11
The euro immediately sold off after German PMI’s missed forecasts ahead of the ECB’s highly anticipated rate announcement later this week......
Even the details don't make for good reading on today's pmi data from europe
Here are some of the highlights:Total new business inflows fell at the quickest rate in 2½ years (France)Pace of hiring slowed to its weakest for the...
Eur/usd daily outlook
Daily Pivots: (S1) 1.1107; (P) 1.1126; (R1) 1.1144; More… Intraday bias in EUR/USD remains on the downside for the moment. Fall form 1.1274 short te...
Jasper’s market squawk 24-07-2023
Listless Trading Ahead of a Busy Week Investors appeared hesitant to take risks going into the weekend, with the dollar gaining, reflecting the yen’...
Usd/chf edges higher past 0.8650, ignores bearish bets on us dollar ahead of us pmi, fed decision
That said, Bloomberg quotes the US Commodity Futures Trading Commission (CFTC) data for the week ended on July 18 to state that asset managers boosted...
Sgs h1 profit dips marginally despite sales growth
Profit attributable declined 1.4 percent to CHF 272 million, from CHF 276 million in the prior period. Adjusted profit declined 0.3 percent to CHF 302...
Usd/cad price analysis: oscillates in a range above the 1.3220 mark ahead of fomc
USD/CAD holds above the 50- and 100-hour EMAs, which means further upside looks favorable. The pair will meet the immediate resistance level of 1.3230...
Supercharge your portfolio: discover the power of investing in us equities with mo investor
With increasing globalization, it is imperative that a well-diversified portfolio has some exposure to international markets, especially the establish...
Gold and diamond jewellery lose sheen over rising prices; global downturn hits exports
While prices may not come down drastically, it is expected that there will be stability later in the year. The festive season is expected to push up l...
Gbp/usd daily outlook
Daily Pivots: (S1) 1.2811; (P) 1.2858; (R1) 1.2899; More… Intraday bias in GBP/USD remains mildly on the downside for the moment. Fall from 1.3141 s...
Usd/jpy outlook: bulls pause near 61.8% fibo. ahead of key us macro data, fed, boj this week
Traders now look forward to the FOMC, BoJ policy meetings for a fresh directional impetus. The USD/JPY pair kicks off the new week on a softer note an...
Gbp/usd risks extra pullbacks near term – uob
EUR/USD is holding steady above 1.1100 after bouncing off the lowest level in a week early Monday. The pair lacks a clear directional bias amid a caut...
Usd/jpy forecast: japan’s yen wavers ahead of policy decisions
The Bank of Japan will likely maintain its yield curve control policy. Investors expect the ECB and Fed to raise rates by 25 basis points during the w...
Usd/chf daily outlook
Daily Pivots: (S1) 0.8640; (P) 0.8659; (R1) 0.8678; More… Intraday bias in USD/CHF remains mildly on the upside at this point. Rebound from 0.8553 s...
German economy contracts: manufacturing & services hit hard
Germany’s economy contracts as manufacturing, services slump in July; HCOB Flash Germany Composite PMI Output Index Drops below 50. The post German ...
Usd/jpy daily outlook
Daily Pivots: (S1) 140.38; (P) 141.17 (R1) 142.59; More… Intraday bias in USD/JPY remains on the upside at this point. Rebound from 137.22 would tar...
Usd/cad daily outlook
Daily Pivots: (S1) 1.3176; (P) 1.3202; (R1) 1.3249; More…. USD/CAD is still bounded in range trading above 1.3091 and intraday bias stays neutral fi...
Superblock raises $8m for “over protocol,” a new layer 1 blockchain
Superblock, a contributor to Over Protocol, has raised $8 million from prominent companies and VCs in South Korea across two funding rounds. Investors...
Germany july flash manufacturing pmi 38.8 vs 41.0 expected
Prior 40.6Services PMI 52.0 vs 53.1 expectedPrior 54.1Composite PMI 48.8 vs 50.3 expectedPrior 50.6Ugh, that's a really ugly headline reading as the m...
Euro slips a little after the disappointing french pmi data
We've seen this story before already last month and this seems like a bit of repeat, albeit with toned down market expectations at least. There's stil...
France july flash services pmi 47.4 vs 48.4 expected
Prior 48.0Manufacturing PMI 44.5 vs 46.0 expectedPrior 46.0Composite PMI 46.6 vs 47.8 expectedPrior 47.2The downturn in both the services and manufact...
Eur/usd is expected to meet support around 1.1010 – uob
Economist Lee Sue Ann and Markets Strategist Quek Ser Leang at UOB Group expect EUR/USD to meet solid contention around 1.1010. Read Full Story at sou...
Most important task for chair powell and lagarde to provide investors with some ‘conditional guidance’
Markets Markets on Friday mostly showed no big swings with investors mainly looking forward to this week’s eco data and central bank decisions. Ther...
European equities slightly lower at the open today
Eurostoxx -0.4%Germany DAX -0.3%France CAC 40 -0.3%UK FTSE -0.2%Spain IBEX -1.6%It's a bit of a softer start after the better showing last week. In pa...
Intraday analysis – gbp seeks support
GBPUSD probes for support Cable tries to stabilise after June’s retail sales beat expectations. A break below 1.2900 has further put the bulls on th...
Bitcoin traders cautious despite spot etf optimism, leverage indicators suggest
The spot market is in the driver’s seat as perpetual futures open interest to market cap ratio remains low, one observer said. Read Full Story The p...
A week packed with earnings and central bank decisions
Last week ended on a caution note after the first earnings from Big Tech companies were not bad, but not good enough to further boost an already impre...
A reversal of fortunes for us banks and technology stocks
Prior underperforming US banks rallied last week where the SPDR Banks ETF rose by 6.76%, its best weekly gain seen in 14 months. The high growth techn...
Nadine bautista joins xs.com as country manager for the philippines
Bautista steps into a vital role, overseeing a team of key account managers and leading the company’s efforts to boost profits through sales activit...
Research dynamics- report on cph: hy2023 earnings update
Research Update Research Dynamics- Report on CPH: HY2023 earnings update 24.07.2023 / 08:28 CET/CEST This report is published by Research Dynamics, an...
Crypto price today: bitcoin remains below $30,000; ethereum holds with $1,850; top crypto tokens fall
Bitcoin and other crypto tokens were down as the new week began in Asia on Monday. This week is scheduled to be a busy one, with the FOMC decision on ...
Usd/jpy price analysis: the next hurdle is seen at the 142.00 zone
The USD/JPY pair consolidates its recent gains heading into the European session on Monday. Market players prefer to wait to be sidelined ahead of the...
What are the expectations ahead of the major central bank decisions this week?
The three main central bank policy decisions to watch this week will be the Fed (Wednesday), ECB (Thursday), and BOJ (Friday). So, what are markets ex...
The week ahead – stay the course
EURUSD rallies as ECB to keep hiking rates The euro advances as the ECB is expected to maintain a hawkish stance. Even though inflation in the euro zo...
Fx play of the day: eur/jpy uptrend correction ahead of pmis
I’m seeing a steady climb on EUR/JPY, but it looks like the pair could use a correction before the flash PMI reports are printed......
