© Reuters Investing.com– Most Asian currencies crept lower on Tuesday, while the dollar clocked small gains before key U.S. inflation data that is expected to determine the path of monetary policy. Concerns over China also weighed on regional sentiment, as data showed a further slowdown in in the country through October. This saw the fall
Share: The NZD/USD has bounded back into the top end after broader markets went risk-on. Tuesday saw safe havens go broadly lower as investors stepped out post-US CPI. Up Next: US PPI, Retail Sales slated for Wednesday. The NZD/USD has ripped higher after gaining almost 2.6% from Tuesday’s lows. The Kiwi (NZD) saw its
US DOLLAR, EUR/USD, GBP/USD, NASDAQ 100, GOLD PRICE FORECAST The U.S. dollar slumps on falling yields following lower-than-expected U.S. inflation figures EUR/USD and GBP/USD break out to the topside, reaching multi-week highs Gold prices and the Nasdaq 100 also rally, flirting with key technical levels in both cases Recommended by Diego Colman Forex for Beginners
Japanese Yen Analysis (USD/JPY, GBP/JPY) US CPI Has Knock on Effects for the Wider FX Market With inflation heading in the right direction, forward-looking markets are already anticipating interest rate cuts sooner than before, potentially accelerating the dollar decline. The greenback has been propped up throughout the rate hiking cycle, buoyed mainly by rising rate
Technical based trading is extremely popular among both novice and professional traders. There are countless technical methodologies that can be implemented in the market. One such method includes the use of technical oscillators, which will be the focus of this article. Technical Trading Oscillators An oscillator is a technical study which traders can use to help them
© Reuters. Investing.com – The U.S. dollar traded largely unchanged in early European trade Tuesday ahead of the latest inflation data that could determine the path of U.S. monetary policy, while sterling gained as U.K. workers continued to receive healthy wage increases. At 03:10 ET (08:10 GMT), the Dollar Index, which tracks the greenback against
Share: GBP/JPY uptrend appears to be overextended, with the next major target set at the 190.00 psychological level, a peak not seen since September 2008. A successful breach of 190.00 could open the path towards the September 2008 high of 198.34, potentially even the 200.00 mark. On the downside, initial support is today’s
In the ever-evolving landscape of financial markets, traders are constantly seeking tools that can provide them with an edge. The FiboPiv V2 MT4 Indicator is one such tool that has gained popularity among traders for its ability to analyze price movements and identify potential entry and exit points. In this article, we will dive deep