© Reuters. On Wednesday, the euro appreciated against the U.S. dollar, influenced by a decrease in Treasury yields following dovish comments from Federal Reserve officials and anticipated Chinese stimulus measures. Atlanta Federal Reserve President Raphael Bostic, speaking at the American Bankers Association, expressed that no further interest rate hikes were necessary. This statement led to
Share: Canadian Dollar is easing off the pressure as Crude Oil prices soften. Canada economic data remains thin for the week, US data dominating the market. US inflation data to remain key market driver for the back half of the trading week. The Canadian Dollar (CAD) is stepping back slightly on Wednesday, giving
USD/JPY, GBP/JPY PRICE, CHARTS AND ANALYSIS: Most Read: Short USD/JPY: A Reprieve in the DXY Rally and FX Intervention by the BoJ (Top Trade Q4) USD/JPY, GBP/JPY FUNDAMENTAL BACKDROP The Japanese Yen has resumed its struggles following the Bond purchase offensive by the Bank of Japan (BoJ) on October 2. The biggest winner has actually
AUDUSD, W1 The USDIndex fell -0.23% on Tuesday and recorded a 1-week low. Yesterday, a rally in stocks and comments from Atlanta Fed President Bostic reinforcing speculation that the Fed is heading towards a pause in rate hikes, curbed demand for dollar liquidity. Nonetheless, the Dollar’s decline was limited as the ongoing turmoil in the
Interest rates are currently appropriate to get inflation to 2% in H2 2025 but door on rate hikes can’t be closed Talks on mandatory higher reserve requirements for banks are appropriate Italian spreads no unwarrated and not worrisome It’s a clear wait-and-see stance for the ECB and that’s no surprise for the market. لینک منبع
Hesitancy Ahead of US PPI & FOMC Minutes لینک منبع : هوشمند نیوز
RAND TALKING POINTS & ANALYSIS Decline in US Treasury yields sustaining rand upside as PPI’s push higher. Attention n shifts towards FOMC minutes and Fed officials. Rising wedge support being eyed by ZAR bulls. Want to stay updated with the most relevant trading information? Sign up for our bi-weekly newsletter and keep abreast of the
Hello Traders, we had a trade on NZDCAD on H1 time-frame that today 11 October 23 the market already moved +2000 Points! In this trade we looked first at the Italo Pivots green support line, the market touches and rejects it, in this rejection I got grey candles from Italo Trend, grey candles from Italo
© Reuters Investing.com – The U.S. dollar traded largely unchanged in early European hours Wednesday, adopting something of a holding pattern ahead of the release of key inflation data as well as the minutes from the last Federal Reserve meeting. At 03:20 ET (07:20 GMT), the Dollar Index, which tracks the greenback against a basket
Share: Producer inflation in the US accelerated in September. US Dollar Index stays below 106.00 after the PPI data. The Producer Price Index (PPI) for final demand in the US rose 2.2% on a yearly basis in September, up from the 2% increase recorded in August, the data published by the US Bureau
