USD/JPY Analysis USD/JPY edges higher after uptick in US CPI reinforces ‘higher for longer’ narrative Fed forecasts in focus as markets look for confirmation on peak rates and CPI forecasts IG client sentiment hints at bullish fatigue as recent positioning data reveals a change in course The analysis in this article makes use of chart
The euro fell to its lowest level in over five months against the dollar on Thursday, as the European Central Bank’s (ECB) recent interest rate hike led market participants to believe it could be the last of its kind. The common currency slipped below $1.066 after the ECB’s announcement and continued to decline even after
Share: Kiwi holding near the middle, set to finish Friday near where it started. Market flows are firmly in the hands of the US Dollar. Risk sentiment getting limited knock-on positive support from upbeat China outlook. The NZD/USD is set to finish Friday on a slight downstep, trading into the 0.5900 level and unable
GBP/USD Analysis and Charts The Bank of England is likely to raise rates by 25bps next Thursday. Will the BoE follow the trend of a ‘hike and hold’ For all market-moving economic data and events, see the DailyFX Calendar Recommended by Nick Cawley How to Trade GBP/USD Next week’s Bank of England interest rate decision
The ECB delivered a 25 basis point hike and signalled that in the central scenario rates have now peaked. How long rates will remain at record highs will depend on data releases, but in effect also market reaction to signals. HFM · ECB Over; Key questions arise Pricing in rate cuts too early could actually
The AUDUSD traded at the week’s low on Monday in the 1st hour of trading at 0.63706. The price moved sharply higher on that day, but by Wednesday, the price had rotated back down toward the lows into a swing area between 0.63791 and 0.63874. Support buyers came in against that level and pushed the
Number of traders net-short has increased by 40.38% from last week. SYMBOL TRADING BIAS NET-LONG% NET-SHORT% CHANGE IN LONGS CHANGE IN SHORTS CHANGE IN OI FTSE 100 BULLISH 46.27% 53.73% -12.56% Daily -26.97% Weekly 21.99% Daily 40.38% Weekly 3.14% Daily -1.60% Weekly of clients are net long. of clients are net short. Change in Longs
GOLD PRICE FORECAST: Gold prices rebound heading into the weekend, challenging cluster resistance stretching from $1,920/$1,930 Despite Friday’s recovery, the fundamental backdrop remains challenging for precious metals Next week, all eyes will be on the FOMC announcement Trade Smarter – Sign up for the DailyFX Newsletter Receive timely and compelling market commentary from the DailyFX
The Euro (EUR) experienced its worst trading day since July on Thursday, as the European Central Bank (ECB) signaled the potential end of its rate hike cycle. The pair is set to close in the red for the ninth consecutive week, falling into the sub-1.0640 region, marking a six-month low for the Euro against the
Brazil Retail Sales (MoM) above forecasts (0.3%) in July: Actual (0.7%) لینک منبع : هوشمند نیوز
