© Reuters. FILE PHOTO: Banknotes of Japanese yen and U.S. dollar are seen in this illustration picture taken September 23, 2022. REUTERS/Florence Lo/Illustration/File Photo By Harry Robertson and Tom Westbrook LONDON/SINGAPORE (Reuters) – The dollar stalled and the euro ticked up on Tuesday as investors reacted to a sharp drop in U.S. bond yields on
Share: AUD/USD faces selling pressure above 0.6400 as IMF warned decline in global output due to Middle East tensions. The USD Index drifted lower swiftly to near 106.00 as Fed policymakers supported keeping interest rates steady. AUD/USD trades in a Rising channel in which each pullback is considered as a buying opportunity. The
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Article by IG Senior Market Analyst Shaun Murison USD/ZAR Key Takeaways: 1. The recent recovery of the Rand against the US Dollar is primarily due to the weakening of the dollar rather than the strengthening of the Rand itself. 2. The US Dollar is currently underperforming against various currencies, following remarks from Federal Reserve officials
A few days ago, the US500 futures, after having fallen -6.55% in 13 trading sessions and having corrected -8.48% from the highs reached at the end of July (4607), came to test the psychological level of 4200 as well as its MA200: now, five trading sessions later (at the time of writing) it is at
US: The Fed left interest rates unchanged as expected at the last meeting. The macroeconomic projections were revised higher as the economy showed much stronger resilience than expected and the Dot Plot showed that the majority of members still expects another rate hike by the end of the year with less rate cuts in 2024.
Number of traders net-short has increased by 21.11% from last week. SYMBOL TRADING BIAS NET-LONG% NET-SHORT% CHANGE IN LONGS CHANGE IN SHORTS CHANGE IN OI Germany 40 BULLISH 48.32% 51.68% 0.83% Daily -11.86% Weekly 29.70% Daily 21.11% Weekly 13.94% Daily 2.57% Weekly of clients are net long. of clients are net short. Change in Longs
Article by IG Chief Market Analyst Chris Beauchamp Dow Jones, Nasdaq 100, Nikkei 225 Analysis and Charts Dow at one-week high The index surged on Monday, rallying back towards the 200-day simple moving average (SMA). This comes after the gains made on Friday following the payrolls report. For the moment a low appears to be
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© Reuters. FILE PHOTO: An employee counts Russian 1000-rouble banknotes in a bank office in Moscow, Russia, in this illustration picture taken October 9, 2023. REUTERS/Maxim Shemetov/Illustration/File photo (Reuters) – The Russian rouble dived towards 101 against the dollar on Tuesday, heading back towards a more than 18-month low reached in the previous session, under
