Indonesia president says rupiah’s drop still ‘safe’, flags tax incentives By Reuters

[ad_1] 2/2 © Reuters. FILE PHOTO: A teller counts Indonesian rupiah bank notes at a money changer in Jakarta, Indonesia, October 14, 2022. REUTERS/Willy Kurniawan/File Photo 2/2 By Gayatri Suroyo and Fransiska Nangoy JAKARTA (Reuters) -Indonesia’s President Joko Widodo said on Tuesday the rupiah’s recent depreciation rate against the dollar was still “safe” for Southeast

FTSE 100, DAX 40 and Russell 2000 Drop on Risk-Off Sentiment

[ad_1] Article by IG Senior Market Analyst Axel Rudolph FTSE 100, DAX 40, Russell 2000 Analysis and Charts ​​​FTSE 100 falls out of bed on hawkish Fed ​The FTSE 100 once again failed in the 7,700 region and dropped by over 2.5% over the past couple of days as the US Federal Reserve (Fed) re-iterates

Crude Oil Eyeing 7 Percent Drop this Week So Far as Retail Bets Becoming More Bullish

[ad_1] Crude Oil, WTI, Retail Trader Positioning, Technical Analysis – IGCS Commodities Update Crude oil prices on course for worst week since mid-March Retail traders recently turned net-long WTI, a bearish sign Prices broke under key moving averages, where too? Recommended by Daniel Dubrovsky Get Your Free Oil Forecast Crude oil prices are on course

Crude Oil Vulnerable as Recent Drop Pushes Retail Traders to Build Upside Exposure

[ad_1] Crude Oil, WTI, Retail Trader Positioning, Technical Analysis – IGCS Commodities Update Crude oil prices fell the most over 2 days since early June Retail traders are increasingly building upside exposure This is an early warning sign that WTI may continue lower Recommended by Daniel Dubrovsky Get Your Free Oil Forecast Over the past

XAU/USD shines as US yields drop amid an upbeat market mood

[ad_1] Share: Gold prices see a recovery, achieving gains of 0.25%, driven by a reversal in US bond yields, with the 10-year note coupon dropping from a 16-year high of 4.51% to 4.44%. Federal Reserve officials express a cautious stance, emphasizing the need for patience despite the necessity for further rate hikes to

FTSE 100, DAX 40 and S&P 500 Drop Ahead of US CPI​​​

[ad_1] Article by IG Senior Market Analyst Axel Rudolph FTSE 100, DAX 40, S&P 500 Analysis and Charts ​​​FTSE 100 drops on disappointing UK growth ​The FTSE 100 is about to end its four straight day winning streak as much weaker-than-expected UK GDP pushes the index lower. UK GDP dropped by 0.5% month-on-month in July,

EUR/USD and EUR/GBP Drop to Key Support Levels

[ad_1] Euro, EUR/USD, RSI Divergence – Technical Update: Euro closed at its lowest in almost 3 months EUR/USD close to ending dominant uptrend EUR/GBP once again approaching support Recommended by Daniel Dubrovsky Get Your Free EUR Forecast The Euro closed at its lowest against the US Dollar in almost 3 months, extending the downtrend since

Euro gains, euro zone bond yields drop as U.S. unemployment rate rises By Reuters

[ad_1] © Reuters. FILE PHOTO: A woman holds euro banknotes in this illustration taken May 30, 2022. REUTERS/Dado Ruvic/Illustration LONDON (Reuters) – The euro rose against the dollar on Friday and euro zone bonds yields fell after data showed a big increase in the U.S. unemployment rate in August, supporting the view that Federal Reserve