USDJPY moved noticeably higher in Monday’s trading [02/10], gaining +0.27% continuing its recent uptrend and inching closer to the psychological level of 150. The JPN225 recovered at the same time, taking back the 32000 mark. Investors’ enthusiastic reaction to the upbeat quarterly Tankan survey results, masking the less encouraging Manufacturing PMI data, was probably responsible
EUR/USD Forecast – Prices, Charts, and Analysis ECB may have reached peak rates EUR/GBP – A battle of two weak currencies Download the Brand New Q4 Euro Guide Below Recommended by Nick Cawley Get Your Free EUR Forecast The Euro broke below 1.0500 against the US dollar recently and is struggling to reclaim this level
💬Description: The British pound continues to update its lows and thereby break new local anti-records. The price has already dropped below the level of 1.21166 today, which strengthens the position of sellers, especially intraday. With a high degree of probability, we also expect a fall towards the daily support 1.18730. Considering the average daily move along with today’s news
© Reuters. FILE PHOTO: Woman holds U.S. dollar banknotes in this illustration taken May 30, 2022. REUTERS/Dado Ruvic/Illustration/File Photo By Brigid Riley and Alun John TOKYO/LONDON (Reuters) – The euro, pound and yen were all pinned at multi-month lows on Tuesday, with the Japanese currency on the brink of weakening past the psychological 150 per
Share: JOLTS report will be watched closely by Fed officials ahead of September jobs data. Job openings are forecast to hold steady at around 8.8 million on the last business day of August. US labor market conditions remain out of balance despite Fed rate hikes. The Job Openings and Labor Turnover Survey (JOLTS)
Oil (Brent Crude, WTI) Analysis Strong yields, USD and Fed speak send oil prices lower Support eyed ahead of storage data as bulls weigh up possible continuation plays Risk events: OPEC, API and EIA storage data due The analysis in this article makes use of chart patterns and key support and resistance levels. For more
Starting with APAC, the RBA has just unsurprisingly kept rates steady in Governor Bullock’s inaugural meeting with the statement largely a carbon copy from the Lowe era (”inflation is coming down, the labour market remains strong and the economy is operating at a high level of capacity utilisation”): AUD continues to decline this month and
The changes among major currencies are mostly relatively light so far on the day, outside of the antipodeans. EUR/USD is flattish around 1.0480 now and seen holding within a 34 pips range only today. There are large option expiries at 1.0495 that are in play to keep price action pinned just below 1.0500. Meanwhile, USD/JPY