Share: USD/JPY advances to fresh multi-month highs near 147.85 US Michigan’s Consumer Sentiment came in lower than expected. The US DXY index reached its highest point since March 9 at 105.43 and then settled at 105.23. All eyes are now on the Fed’s decision next week. Ahead of the weekend, the USD/JPY pair resumes its
Share: NZD/USD is seeing 0.30% gains and rose to 0.5915. Inflation accelerated in August, driven by higher gasoline prices. US yields initially soared to two-week highs and then consolidated. Fed tightening expectations are still high. In Wednesday’s session, the NZD/USD increased towards 0.5915, near the 20-day SMA of 0.5922. That being said, the upside potential
Headlines: Markets: USD leads, GBP lags on the day European equities mixed; S&P 500 futures down 0.3% US 10-year yields flat at 4.290% Gold down 0.5% to $1,911.96 WTI crude up 0.7% to $87.88 Bitcoin up 3.8% to $26,034 It was a relatively slow and quieter session in European trading today, after all the fuss
Share: USD/CHF trades higher around 0.8910 on the back of Greenback’s recovery. US inflation is expected to appreciate; any deviation could influence the sentiment toward the pair. BoJ Governor Kazuo Ueda’s hawkish remarks contributed to USD weakness. USD/CHF struggles to recover from the previous day’s losses ahead of the release of the US
Australian Dollar, AUD/USD, BoJ, RBA, Fed, Treasury Yields, ACGB, JGB – Talking Points The Australian Dollar has found firmer footing going into Tuesday The BoJ pondered policy adjustments and the US Dollar sank in the aftermath RBA and Fed policy could impact back-end yields. Will they boost AUD/USD? Recommended by Daniel McCarthy Forex for Beginners
US Dollar, USD/JPY, DXY Index, Japanese Yen, Treasury Yields, JGB, BoJ, Kanda – Talking Points The US Dollar ascent continued overnight with the DXY making a new high Firm US data underpinned interest rate markets with firming Treasury yields JGB yields are static. Will that see intervention in USD/JPY at some stage? Recommended by Daniel
Euro, EUR/USD, US Dollar, Treasury Yields, ECB, Knot, EU Inflation, Crude Oil – Talking Points The Euro held firm again today as the US Dollar pauses in its climb Australia and China missed estimates on their respective trade surpluses Market pricing of an ECB hike might be questioned. Would it boost EUR/USD? Recommended by Daniel
And that is weighing on the dollar slightly, but nothing too significant. Of note, it is the euro and pound which are advancing just a touch more against the dollar after having previously stuck in narrow ranges in Asia. EUR/USD was holding in a 13 pips range earlier but is now extending that to roughly
GOLD PRICE FORECAST: For Beginner Traders, Download Your Free Forex Guide Below Recommended by Zain Vawda Forex for Beginners MOST READ: USD/ZAR Forecast: Rand (ZAR) Slides Despite BRICS Expansion Plans, A Temporary Blip? Gold prices may have fallen back slightly from a 2-week high but remains up around 1.31% at the time of writing and
Share: XAU/USD recovered towards $1,890, still poised for a weekly decline. China’s real state giant Evergrande filed for bankruptcy protection in a US court. Lower US yields amid risk aversion benefits Gold prices. At the end of the week, the XAU/USD Gold spot slightly recovered to $1,890, but it is still poised for a
