British Pound, GBP/USD, EUR/GBP – Technical Update: Recommended by Daniel Dubrovsky Get Your Free GBP Forecast The British Pound continues to be overshadowed by a brewing bearish Head & Shoulders chart formation against the US Dollar. On the daily chart below, GBP/USD can be seen struggling to clear the neckline around 1.2592. Furthermore, prices are
JAPANESE YEN PRICE, CHARTS AND ANALYSIS: Yen Selloff Resumes Following Gains on Poor US Data Yesterday. BoJ Board Member Naoki Tamura Said that an End to Negative Rates Doesn’t Mean the Central Bank Will Scale Back Monetary Easing as they Intend to Keep Rates Low. USD/JPY, GBP/JPY Remained Cushioned to the Downside with Data Likely
The stock market, while an integral part of global finance, isn’t immune to manipulation. Many times, retail investors, or everyday individuals investing personal capital, find themselves at a disadvantage when matched against bigger institutional players. This article sheds light on how market manipulation occurs and why private individuals often bear the brunt of these tactics.
© Reuters. FILE PHOTO: U.S. dollar banknotes are seen in this illustration taken March 10, 2023. REUTERS/Dado Ruvic/Illustration/File Photo By Kevin Buckland TOKYO (Reuters) – The U.S. dollar on Wednesday clawed back some of the previous session’s sharp declines as investors looked ahead to more labour market data for clues on the path for Federal
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Wall Street took comfort from several downside surprises in US macro data overnight, with the data taming some rate hike bets and saw US Treasury yields decline. The US two-year yields were down 11 basis-point (bp), reversing all of last week’s gains, while the 10-year yields were down 8 bp to deliver a two-week low.
Tech gremlins ate the Americas timezone wrap, I’ve included the headlines from the session here below: OK, back to the Asia session. Bank of Japan monetary policy board member Naoki Tamura spoke and dropped this into the conversation: Japan’s inflation likely to slow for time being, then accelerate moderately again Can’t rule out chance inflation
Gold, Retail Trader Positioning, Technical Analysis – IGCS Update Gold prices surge higher on JOLTS job openings Retail traders continued increasing bearish bets XAU/USD may rise, but faces key resistance now Recommended by Daniel Dubrovsky Get Your Free Gold Forecast Gold prices soared nearly 1% over the past 24 hours after an unexpected miss in
Australian Dollar Vs US Dollar, Australia Monthly CPI – Talking Points: AUD fell after Australia monthly CPI eased more than expected. AUD/USD has pulled back from key resistance. What’s next for AUD/USD and AUD/JPY? Recommended by Manish Jaradi Improve your trading with IG Client Sentiment Data The Australian dollar fell after consumer price inflation moderated