© Reuters. FILE PHOTO: U.S. dollars are counted out by a banker counting currency at a bank in Westminster, Colorado November 3, 2009. REUTERS/Rick Wilking/ By Kevin Buckland and Joice Alves TOKYO/LONDON (Reuters) – The dollar hovered close to a two week high on Wednesday ahead of an expected U.S. Federal Reserve interest rate rise
Share: Pound Sterling extends recovery as the market mood turns cheerful. More interest rates by the Bank of England will elevate pressure on United Kingdom’s economic growth. UK first-time home buyers postpone demand as the housing sector faces headwinds from higher borrowing rates. The Pound Sterling (GBP) printed a fresh four-day high on
USD/JPY, EUR/JPY PRICE FORECAST: FX Intervention Remains a Factor but Central Banks are Likely to Drive Price Action on Yen Pairs. Japanese Cabinet Office Lifted its Views in Business Sentiment. The First Time in 7-Months. EUR/JPY Retreats from YTD High with Double Top Pattern Hinting at a Deeper Retracement. To Learn More About Price Action,
Most dollar pairs are seeing light changes so far today and the greenback itself is seeing some mixed tones, as markets are keeping rather tentative awaiting the FOMC meeting decision. USD/JPY did move slightly lower from its highs in Asia, down from around 141.00 to 140.72 currently but is now just down around 0.13%. The
Bitcoin, BTC/USD, Ethereum, ETH/USD – Outlook: The upward pressure in Bitcoin appears to be fading in the very short term. ETH/USD continues to hold above a crucial support. What is the outlook and what are the key levels to watch in BTC/USD and ETH/USD? Recommended by Manish Jaradi Get Your Free Introduction To Cryptocurrency Trading
Hello traders, Today I spotted two trading setups. My first setup was in USDCHF M15. It was a well-formed demand zone that was formed inside larger demand zone of the same timeframe. I decided to place two positions on this setup. Price touched this demand zone and went through it. As you can see from
© Reuters. Investing.com– Most Asian currencies retreated on Wednesday, while the dollar steadied as investors hunkered down before a widely expected interest rate hike from the Federal Reserve. The was the worst performer among its peers, falling sharply after softer-than-expected consumer price index (CPI) inflation data ramped up bets that the Reserve Bank of Australia
Share: USD/CAD struggles to gain momentum beyond the 1.3200 area on Wednesday. The pair holds below the 50- and 100-hour EMAs with a downward slope. The immediate resistance level is seen at 1.3200; the initial support level is located at 1.3145. The USD/CAD pair attracts some follow-through buying but struggles to gain momentum
US Dollar Vs Euro, British Pound, Japanese Yen – Outlook: USD is holding last week’s gains ahead of the Fed rate decision. What are the potential policy and trend scenarios for USD? What is the outlook and the key levels to watch for EUR/USD, GBP/USD, and USD/JPY? Recommended by Manish Jaradi Get Your Free Top
Eamonn Sheridan Wednesday, 26/07/2023 | 03:10 GMT-0 26/07/2023 | 03:10 GMT-0 Australian Treasurer Chalmers speaking after the CPI data published earlier today: AUD – decline in inflation should be enough to keep the RBA on hold at their next meeting Chalmers: says there is a long way to go to beat inflation inflation is moving
