© Reuters. FILE PHOTO: A vendor counts Russian rouble banknotes at a market in Saint Petersburg, Russia July 9, 2023. REUTERS/Anton Vaganov/File Photo By Alexander Marrow and Elena Fabrichnaya MOSCOW (Reuters) – Russia effectively abandoned its budget rule on Wednesday as the central bank said it would stop conducting finance ministry foreign currency purchases from Aug. 10
Share: GBP/JPY reached a new YTD high above 184.00. A favorable technical setup, including the Ichimoku Cloud (Kumo) position and a Tenkan-Sen/Kijun-Sen crossover, supports a bullish outlook. If the GBP/JPY retraces below 183.00, it might witness an accelerated pullback towards technical support at 182.32 and 182.00, with Kumo’s top and the Kijun-Sen providing
EUR/USD Price, Chart, and Analysis EUR/USD topped 1.10 After Jul’s US Inflation Data Core CPI’s Deceleration Trend Remains In Place even as headline inflation ticked up Eurozone inflation expectations remain uncomfortably high Recommended by David Cottle How to Trade EUR/USD The Euro popped above its last ten days’ trading range against the United States Dollar
Bill Ackman no doubt cheered on the result of today’s 30-year auction. He advertised a bond bearish bet last week and price action hasn’t been great for him so far. That might have changed with weak demand at a $23 billion sale of 30s at an auction today. It tailed by 1.4 bps and that
Number of traders net-short has increased by 23.27% from last week. SYMBOL TRADING BIAS NET-LONG% NET-SHORT% CHANGE IN LONGS CHANGE IN SHORTS CHANGE IN OI FTSE 100 BULLISH 49.39% 50.61% -7.98% Daily -23.50% Weekly -0.89% Daily 23.27% Weekly -4.53% Daily -5.32% Weekly of clients are net long. of clients are net short. Change in Longs
JAPANESE YEN PRICE, CHARTS AND ANALYSIS: Recommended by Zain Vawda Get Your Free JPY Forecast Most Read: GBP/USD Hovers at Key Inflection Point Ahead of Inflation and GDP Data The Japanese Yen has continued its struggles this week losing ground to both the Greenback and the British Pound. This comes despite the recent policy tweak
An artificial neural network is made up of several layers of interconnected “neurons”, each layer having a specific role in the data processing process. The three main types of layers are: Input Layer: This layer receives the raw data as input. In the context of trading, this can be historical data such as open prices,
© Reuters. Investing.com – The U.S. dollar edged lower in early European trade Thursday ahead of a key U.S. inflation release, while the euro rebounded after weakness inspired by Italian banking woes. At 03:15 ET (07:15 GMT), the , which tracks the greenback against a basket of six other currencies, traded 0.1% lower at 102.245
Share: Economists at RBC Economics do not expect the Federal Reserve to deliver more rate hikes. Monetary policy at its current level is already very restrictive Easing inflation pressures in the US against a resilient macroeconomic backdrop have been encouraging and have raised hopes that inflation can slow back to the Fed’s 2%
US Dollar (DXY) Price, Chart, and Analysis The US dollar sheds half a point after the CPI release. Headline inflation rises by less than expected. Recommended by Nick Cawley Get Your Free USD Forecast Core inflation fell and headline inflation rose by less than expected in July, according to the latest US Inflation Report. Core
