© Reuters. Japan’s new Chief of Cabinet Secretary Matsuno Hirokazu announces new cabinet members at a news conference in Tokyo, Japan October 4, 2021. REUTERS/Kim Kyung-Hoon/File Photo TOKYO (Reuters) – Japan’s Chief Cabinet Secretary Hirokazu Matsuno said on Monday the government would continue to monitor currency moves with “a high sense of urgency”. He also
Share: USD/CAD retraces to 1.3570, and holds above the 50- and 100-hour EMAs on the four-hour chart. The key resistance level is seen at 1.3600; the initial support level is located at 1.3515. Relative Strength Index (RSI) is located in the bullish territory above 50. The USD/CAD pair loses some ground after being
Last week inflation data for the eurozone came in weaker than expected, giving a glimpse of hope that it will continue to drop in the near future. However, overall inflation remains elevated and the rising energy prices might exert additional pressure in the coming months. That said, the ECB is likely to keep rates on
Bitcoin, BTC/USD, Ethereum, ETH/USD – Price Action: Bitcoin and Ethereum have cleared above minor resistance. Important for BTC/USD and ETH/USD to sustain gains if the rebound is for real. What is the outlook and what are the key levels to watch? Recommended by Manish Jaradi Get Your Free Top Trading Opportunities Forecast BITCOIN: Takes on
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British Pound Vs US Dollar, Euro, Australian Dollar – Price Setups: GBP post-UK GDP gains could prove to be short-lived. EUR/GBP is testing key resistance; GBP/AUD is nearing vital support. What is the outlook and key levels to watch in select GBP crosses? If you’re looking for some top trading ideas, click on this link
On Monday, 2 October 2023: 1300 GMT / 09:00 US Eastern time: Speech by Bank of England’s Shoib Khan at the Association of Financial Mutuals Annual Conference 1500 GMT / 11:00 US Eastern time: Catherine Mann, an external member of the Bank of England’s Monetary Policy Committee, takes part in a fireside chat hosted by
The softening in US August core PCE inflation (3.9% YoY vs previous 4.3%, 0.1% MoM vs previous 0.2%) failed to drive a sustained rebound in Wall Street last Friday, as Treasury yields stayed firm despite some paring in rate hike bets. While further progress on the core inflation front may offer room for the Federal
Share: GBP/USD struggles to gain any meaningful traction and oscillates in a narrow trading range. The risk-on impulse is seen undermining the safe-haven USD and lending support to the major. The divergent Fed-BoE policy outlook should keep a lid on any meaningful upside for the pair. The GBP/USD pair finds some support near
In the ever-evolving world of Forex trading, staying ahead of the curve is essential for success. Traders are constantly on the lookout for tools and strategies that can provide them with a competitive edge. One such tool that has gained significant attention in recent times is the Advanced ADX MT4 Indicator. In this article, we
