G20 wraps up, while in Asia central banks have shaken the markets this morning. Verbal intervention from Japan and China helped to bolster Yuan and Yen and saw the DXY dollar index correcting to 104.637, from a close of 105.09 on Friday. Treasuries fell slightly across tenors Monday as traders await US inflation due later
Domestic sight deposits CHF 459.5 bn vs CHF 458.0 bn prior Remember the days when we talked about armageddon if both the SNB and BOJ were to tighten policy? Well, here we are on a day when the SNB raising rates in the last one year is considered normal and the BOJ inciting rate hike
Australian Dollar Vs US Dollar, Euro, British Pound – Price Setups: AUD/USD is attempting to form a temporary base. The consolidation/correction in EUR/AUD and GBP/AUD may not be over yet. What is the outlook and the key levels to watch in select AUD crosses? Recommended by Manish Jaradi Forex for Beginners AUD/USD: Growing odds of
US Dollar, DXY Index, USD/JPY, Ueda, BoJ, USD/CNH, China, India, Commodities – Talking Points US Dollar is under pressure as BoJ Governor’s Comments Shake Currency Markets Government bond yields are higher globally with JGBs leading the way The ascending trend remains in play for the DXY index for now. Will it reverse? Recommended by Daniel
Today I present you an overview of trades made using the Owl strategy – smart levels for the EURUSD, GBPUSD and AUDUSD currency pairs for the week from September 4 to 8, 2023. There were opened a total of 6 trades, two for each currency pair. The Owl Smart Levels indicator traded all currencies on the downside
© Reuters. Investing.com– Most Asian currencies rose on Monday, recovering a measure of recent losses as the dollar fell sharply from a near six-month peak, while the Japanese yen surged as Bank of Japan head Kazuo Ueda flagged a potential pivot away from negative interest rates. Positive inflation data from China also aided broader sentiment,
Share: AUD/JPY recovers from the intraday losses amid BoJ’s hawkish comments. BoJ Governor Kazuo Ueda suggested the odds of interest rate hikes in the future. Investors turn cautious as China’s weak demand weakens the Australian Dollar (AUD). AUD/JPY trades lower around 94.00 during the Asian session on Monday, trimming the intraday losses. However,
Ueda drove USD/JPY to its biggest daily loss here in 2 months: Other: Bank of Japan Governor Ueda gave an interview with Yomiuri last week. The media group published comments from the interview over the weekend. In a nutshell, Ueda said that he thinks its possible that the BOJ will have enough information by the
Market Recap Recommended by Jun Rong Yeap How to Trade FX with Your Stock Trading Strategy Major US indices attempted to stabilise towards the end of last week (DJIA +0.22%; S&P 500 +0.14%; Nasdaq +0.09%), but gains remained feeble following recent de-risking in tech and concerns of a resurgence in inflationary pressures. Thus far, Wall
