The latest from the Australian Industry Group is dour reading. Link here for more, but in summary: Key findings The Ai Group Australian Industry Index indicated contracting conditions in June, for the fifteen months since the start of the current interest rate rising cycle. The Australian PMI indicator fell to -25.6, indicating contractionary conditions in
Euro Analysis (EUR/USD, EUR/GBP, EUR/JPY) Germany leads EU manufacturing into a downward spiral EUR/USD: poor manufacturing print adds to eurusd woes EUR/GBP: Bearish momentum stalls around prior support EUR/JPY: Markets remain unconvinced of imminent policy change at the BoJ The analysis in this article makes use of chart patterns and key support and resistance levels.
Forex robots have become an important element of the forex market nowadays. The main aim of a forex trading robot is to remove the psychological element from trading, as often it can prove to be detrimental, especially when traders are still beginners and not so used to making objective and reasonable trading decisions. With our
© Reuters. U.S. Dollar and Chinese Yuan banknotes are seen in this illustration taken January 30, 2023. REUTERS/Dado Ruvic/Illustration/File photo SHANGHAI/BEIJING (Reuters) – China’s currency regulators are asking some commercial banks to reduce or postpone their purchases of U.S. dollars in order to slow the yuan’s depreciation, two people with direct knowledge of the matter
Share: The GBP weakened on Tuesday against the USD as the Greenback gained ground against most of its rivals. Ahead of Thursday’s Bank of England (BoE) decision, the weak British made the GBP lose interest while markets await key labour data from the US. Economic data reported on the session from the US
S&P 500 FORECAST The S&P 500 and Nasdaq 100 slide, but remain near multi-month highs ahead of key earnings and the U.S. jobs report Apple and Amazon will announce quarterly results on Thursday Meanwhile, the U.S. Bureau of Labor Statistics will release the July employment report on Friday Recommended by Diego Colman Get Your Free
Baseline is no rate cuts until the second half of 2024 at earliest Inflation is unacceptably high but there has been significant progress Data consistent with ‘orderly slowdown’ We are in a phase where there is some risk of overtightening says he would have ‘grudgingly’ voted for a rate hike in July If progress on
RBA keep rates unchanged, US dollar picks up a small bid لینک منبع : هوشمند نیوز
US DOLLAR FORECAST The U.S. dollar, as measured by the DXY index, continues its impressive rebound, gaining strength from the surge in U.S. Treasury rates The rise in bond yields has a positive impact on USD/JPY, propelling the currency pair to its highest levels in almost four weeks. Market focus remains on the highly anticipated
NordFX, the brokerage firm, has summarized the performance of its clients’ trading transactions for July 2023. The social trading services, PAMM and CopyTrading, have also been evaluated, as well as the profits gained by the company’s IB partners. – The highest profit in July was achieved by a trader from Western Asia, with account number
