Share: EUR/USD risk extra losses below 1.0630, according to UOB Group’s Economist Lee Sue Ann and Markets Strategist Quek Ser Leang. Key Quotes 24-hour view: We expected EUR to consolidate in a range of 1.0645/1.0695 yesterday. EUR then traded in a range of 1.0653/1.0698 before closing at 1.0690 (+0.33%). The underlying tone has firmed
Crude Oil, WTI, Brent, Saudi Arabia, China, Aramco, Fed, EIA, API, Backwardation – Talking Points Crude oil jumped to print fresh highs again yesterday Worries over China appear to be being ignored for now The oil market structure might be supportive of higher WTI Recommended by Daniel McCarthy Understanding the Core Fundamentals of Oil Trading
1400 US Eastern time, 1800 GMT: Bank of Canada Deputy Governor Sharon Kozicki will deliver a speech at the University of Regina in Saskatchewan. Topic: How household differences have affected monetary policy since the onset of the Covid-19 pandemic The Bank of Canada appear to be set to hold rates for a period of time
Australian Dollar, AUD/USD, US Dollar, RBA, Fed, CPI, China, Lowe, Bullock – Talking Points The Australian Dollar has steadied going into Tuesday’s session RBA meeting minutes confirm most of what was already known RBA and Fed policy face similar futures. Who will blink first? Recommended by Daniel McCarthy Trading Forex News: The Strategy The Australian
© Reuters. FILE PHOTO: Signs of Chinese yuan and U.S. dollar are seen at a currency exchange store in Shanghai, China August 8, 2019. REUTERS/Aly Song/File Photo BEIJING (Reuters) -China’s yuan will stabilise after improvements in recent economic data and the bottoming out of domestic prices, state-owned media said on Monday. China’s falling interest rates
Share: AUD/USD continues with its struggle to gain traction on Tuesday and remains confined in a range. The September RBA meeting minutes fail to impress traders or provide any meaningful impetus. Subdued USD price action lends some support as traders move to the sidelines ahead of the FOMC. The AUD/USD pair extends its
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Market Recap Recommended by Jun Rong Yeap How to Trade FX with Your Stock Trading Strategy Market sentiments remained in its usual wait-and-see ahead of the Federal Open Market Committee (FOMC) meeting this week, as the VIX headed higher for the second straight day to reflect increased hedging activities while major US indices ended the
Highest for this since late April. ANZ comments on the still dour result, looking for the bright side: While it remains at very low levels, there are signs of tempered optimism amongst households. Inflation expectations also fell to 4.9% – the lowest since Feb 2022 This article was written by Eamonn Sheridan at www.forexlive.com. لینک
Gold, Retail Trader Positioning, Technical Analysis – IGCS Update Gold prices have climbed for another day Retail traders starting to turn more bearish Will XAU/USD confirm trendline breakout? Recommended by Daniel Dubrovsky Get Your Free Gold Forecast Gold prices have rallied for a couple of trading sessions and retail traders have responded by increasing their
