Modern monetary theory had already paved the way for this change in attitude by hypothesizing that countries with fiat currencies, such as USD or JPY, …
Modern monetary theory had already paved the way for this change in attitude by hypothesizing that countries with fiat currencies, such as USD or JPY, …
Gold prices are up over 1.5% since the start of August against the US Dollar, putting XAU/USD on track to record its first …
The 21-day simple moving average (SMA) is approaching the 200-day SMA. If it should move below it, this would create a Death Cross which may indicate …
Just before a major news release, it is common to witness lower trading volumes, lower liquidity and higher spreads, often resulting in big jumps …
Understanding CPI data is important to forex traders because it is a strong measure of inflation, which in turn has a significant …
After accumulating a more than 9% stake in Twitter in the first three months of the year, Musk offered to take it …
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GERMANY’S SCHOLZ: TAKEN NUMEROUS MEASURES TO DIVERSIFY AWAY FROM RUSSIA FAST Siemens Energy CEO said on Wednesday that they have currently one …
GBP/USD REFRESHES DAILY HIGH, LOOKS TO BUILD ON MOMENTUM BEYOND 1.2200 AMID SOFTER USD GBP/USD bounces off the weekly low touched on …
US DOLLAR INDEX COMES UNDER PRESSURE AND RETREATS FROM 3-DAY HIGHS The index climbs to the 106.50 region and recedes afterwards. The …
USD/JPY COULD NOW NAVIGATE WITHIN 131.30-135.60 – UOB According to FX Strategists at UOB Group Lee Sue Ann and Quek Ser Leang, USD/JPY is …
EUR/USD REGAINS THE SMILE AND RE-TARGETS 1.0200 EUR/USD leaves behind Tuesday’s pullback and approaches 1.0200. Germany final Services PMI remained in contraction …
NZD/USD RECOVERS FROM ONE-WEEK LOW AMID SOFTER USD, UPSIDE POTENTIAL SEEMS LIMITED NZD/USD bounces from a one-week low touched in reaction to …
US DOLLAR INDEX STEADY AS US AND CHINA TENSIONS RISE American stocks were volatile Tuesday as investors reflected on strong quarterly results …
AUDUSD PLUNGE CONTINUES DESPITE HAWKISH RBA DECISION The Australian dollar declined sharply on Tuesday even after the latest interest rate decision by …
USD/CAD STRUGGLES NEAR MULTI-WEEK LOW AMID WEAKER USD, UPTICK IN OIL PRICES USD/CAD stages a modest bounce from a six-week low touched …
GBP/USD: BULLS GATHER STRENGTH TO TAKE ON 50 DMA AHEAD OF US GDP GBP/USD firming up amid less hawkish Fed outcome. Rallying …
AUD/USD SITS NEAR MONTHLY HIGH, AROUND 0.7000 MARK AS TRADERS AWAIT US GDP REPORT AUD/USD is seen consolidating near a multi-week high …
NZD/USD: SHORT-TERM UPSIDE MOMENTUM IMPROVES – UOB In the opinion of FX Strategists at UOB Group Lee Sue Ann and Quek Ser …
USD/JPY RISKS A PROBABLE DROP TO 135.00 – UOB Further downside pressure carries the potential to drag USD/JPY to the 135.00 area in the …
US EQUITIES RALLY EVEN AFTER HAWKISH FED DECISION American stocks rose while the US dollar slipped in the overnight session after the …
DOW JONES FUTURES RISE AHEAD OF THE FOMC DECISION The Australian dollar moved sideways after the latest consumer inflation data. According to …
GOLD PRICE FORECAST: XAU/USD BULLS EYE $1,732-33 HURDLE, FOCUS ON US DATA, FED Gold price rebounds towards 100-SMA resistance after a softer …
STEEL PRICES ADVANCE AS MONSOON SEEMS OVER IN CHINA, AUTO SALES ACCELERATE Steel prices have rebounded firmly as higher passenger vehicles retail …
USD/JPY SURPASSES 135.50 AS DXY RECOVERS, FED’S PRE-ANXIETY HIT MARKET MOOD USD/JPY has crossed 135.50 as the DXY has rebounded firmly ahead …
RBNZ’S ORR: IN ADDITION TO THE REMIT REVIEW, WE ARE ALSO REVIEWING OUR RECENT PERFORMANCE Reserve Bank of New Zealand (RBNZ) Governor …
ASIAN STOCK MARKET: TRADES MIX AS S&P 500 LOSES TRACTION AHEAD OF FED POLICY, OIL SEES $100.00 Asian equities have displayed a …
AUD/USD RETREATS FROM MONTHLY HIGH BELOW 0.7000 ON DICEY MARKETS, AUSSIE INFLATION, FED EYED AUD/USD eases from five-week top, pares recent gains …
USD/TRY PRICE ANALYSIS: RISING WEDGE, RSI DIVERGENCE TEASE BEARS BELOW 18.00 USD/TRY grinds higher inside a bearish chart pattern. RSI fails to …
ASIAN STOCK MARKET: TRADES MIX AS S&P 500 LOSES TRACTION AHEAD OF FED POLICY, OIL SEES $100.00 Asian equities have displayed a …
USD/CAD PARES LOSSES AROUND 1.2850 AS OIL RETREATS, FOCUS ON US CONSUMER CONFIDENCE, FED USD/CAD picks up bids to consolidate daily losses, …
GOLD FUTURES: PROBABLE REBOUND ON THE CARDS According to advanced prints from CME Group for gold futures markets, open interest retreated for …
JAPAN RAISES ECONOMIC VIEW, SIGNALS BROADER RECOVERY Japan upgraded its overall view on the economy for the first time in three months …
GBP/USD PRICE ANALYSIS: PULLBACK REMAINS ELUSIVE UNLESS BREAKING 1.1970 SUPPORT GBP/USD retreats from monthly high during the four-day uptrend. Sustained trading beyond …
CRUDE OIL FUTURES: FURTHER UPSIDE IN THE PIPELINE Considering flash data from CME Group for crude oil futures markets, traders added around …
NZD/USD CORRECTS TO NEAR 0.6260 AS INVESTORS TURN CAUTIOUS AHEAD OF FED POLICY NZD/USD has slipped to near 0.6260 as investors are …
COPPER PRICE RENEWS TWO-WEEK TOP AS SOFTER USD JOINS SUPPLY CONCERNS Copper prints three-day uptrend despite recession fears, pre-Fed anxiety. Downbeat USD, …
NATURAL GAS FUTURES: EXTRA GAINS APPEAR FAVOURED CME Group’s preliminary readings for natural gas futures markets noted open interest increased for the …
FOREX TODAY: DOLLAR BULLS TRYING THEIR LUCK AMID CAUTIOUS OPTIMISM Here is what you need to know on Tuesday, July 26: Tepid …
EUR/GBP SEES MORE LOSSES BELOW 0.8470 DESPITE SUPPLY WORRIES IN EUROPE EUR/GBP is eyeing more weakness if the cross drops below 0.8470. …
GBP/JPY PRICE ANALYSIS: INVERSE H&S LURES BULLS, 165.00 IS THE KEY GBP/JPY fades the week-start recovery as buyers flirt with bullish chart …
EU ENERGY POLICY CHIEF: NO TECHNICAL REASON FOR RUSSIA TO FURTHER CUT NORD STREAM FLOWS European Union (EU) Energy Policy Chief Kadri …
USD/RUB SELLERS ATTACK 58.00 AMID RUSSIAN SUPPLY CUT FEARS, SOFTER USD USD/RUB remains pressured around intraday low, reverses the week-start rebound. EU’s …
AUD/USD PRICE ANALYSIS: ADVANCES TOWARDS 0.7000 AFTER AN ESTABLISHMENT ABOVE 200-EMA An establishment above 38.2% Fibo retracement and 200-EMA bolsters a bullish …
SILVER PRICE ANALYSIS: XAG/USD CLINGS TO GAINS NEAR MID-$18.00S, NOT OUT OF THE WOODS YET Silver edged higher on Tuesday and recovered …
US DOLLAR INDEX LOOKS CAUTIOUS AROUND 106.50 AHEAD OF DATA, FED The index extends the range bound theme in the mid-106.00s. US …
SPAIN’S ENERGY MINISTER: EU MEMBERS COULD REACH AN AGREEMENT ON NATURAL GAS ON TUESDAY Spain’s Energy Minister Teresa Ribera said in a statement …
EM THEMES AND HIGHLIGHTS OF THE WEEK – TDS Analysts at TD Securities (TDS) offer their outlook on the EM currencies and …