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Ecbs simkus: at least one more rate hike required

ECB's Simkus via CNBC is saying:At least one more rate hike is required.Nothing new as ECBs Lagarde said a July hike was likely after the last meeting...

June 26, 2023, 4:43 pm

Euro skids after soft pmi data, markets eye ism mfg. pmi

Eurozone and German PMIs weakened in June EUR/USD fell as much as 110 pips on Friday EUR/USD has taken ...

June 23, 2023, 1:49 pm

Usd/jpy surged to a 7-month high but fundamentals diverge

USD/JPY rallied by 100 pips and broke above 142.50 resistance in yesterday’s NY session. Japan’s he...

June 23, 2023, 8:16 am

Gbp/usd technical: looking to resume minor up move

Recent drop of 156 pips from the current 52-week high of 1.2848 has not damaged GBP/USD minor uptrend. ...

June 22, 2023, 9:09 am

Us dollar falls to the lows of the day after powell

The implied odds of a Fed rate hike at the July 26 Fed meeting are at 76%, which is about the same as before Powell spoke today. In a sense, he endors...

June 21, 2023, 5:30 pm

Eurusd moves above swing area to target the high from last week

The EURUSD extended the 28 pip trading range seen prior to the Powell testimony. The range is now up to 58 pip...

June 21, 2023, 3:30 pm

Financial market signals: achieving a remarkable 74.10% success rate and 15,411 pips gains in 2023

In the fast-paced world of financial markets trading, having a reliable system to identify profitable trading opportunities is crucial. Traders and in...

June 21, 2023, 7:29 am

Elliott wave analysis of eurusd – june 19th, 2023

The ECB raised, while the Federal Reserve held its fire last week, which allowed EURUSD to notch up a strong gain of nearly 200 ...

June 17, 2023, 9:44 am

Audusd shows a crack in the bullish move... maybe?

The AUDUSD has been up 10 of the last 11 trading days. The move from the low reached 0.6457 on May 31, and reached a high of 0.6899 today. That is a m...

June 16, 2023, 2:49 pm

Ecb set for summer debate over possible september rate hike

An 'ECB sources' report is out saying that the central bank will debate a further September hike in the summer. Lagarde strongly hinted at a July hike...

June 15, 2023, 3:20 pm

Nzd/usd slides to 0.6200 as new zealand q1 gdp matches -0.1% qoq forecasts

NZD/USD drops 20 pips to 0.6195 as it justifies softer economic growth in New Zealand during early Thur...

June 14, 2023, 11:30 pm

Hawkish dot plot leads to a us dollar rally

The US dollar is 50-70 pips higher across the board following the FOMC decision.The announcement of no ...

June 14, 2023, 6:13 pm

Eur/usd flat-lines around mid-1.0700s, traders await us cpi and fomc decision this week

The EUR/USD pair recovers a few pips from the Asian session low and for now, seems to have stalled its ...

June 12, 2023, 6:29 am

Fx weekly – jpy yields and 20 currency pair levels and targets

GBP/JPY began February at 156.00’s and traded 2000 pips in 4 months or exactly 18 weeks. Part of GBP/...

June 11, 2023, 5:14 pm

Elliott wave analysis of usdjpy – june 12th, 2023

USDJPY fell ~60 pips in the first full week of June on expectations for a rate hike pause to be announc...

June 10, 2023, 8:54 am

A mostly sideways session so far in european morning trade

Major currencies are almost no different from the earlier snapshot here. EUR/USD is down slightly by 0.2% to 1.0760 but keeping within a 25 ...

June 9, 2023, 9:12 am

Nzdusd moves lower after earlier move higher runs out steam

The NZDUSD is moving lower after an earlier move higher in the early New York session ran out of steam. The high price reached the high of a swing are...

June 7, 2023, 3:31 pm

The market tilts toward the bank of canada holding rates as the minutes tick down

The Bank of Canada decision is a close call but the market isn't seeing it quite as a coin flip. Yesterday's pricing was right at 50/50 on whether the...

June 7, 2023, 1:42 pm

Forex today: focus remains on the aussie ahead of data, after rba hike

AUD/USD posted the highest daily close since mid-May, above 0.6650; the pair has gained almost two hundred pip...

June 6, 2023, 9:14 pm

Audusd bounces back to the upside. sellers keep control.

The AUDUSD has bounced back to the upside after early US session dollar buying pushed the pair back toward the 50% midpoint of the major trading range...

June 6, 2023, 3:59 pm


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