Japanese Yen, USD/JPY, NZD/JPY – Technical Update: Recommended by Daniel Dubrovsky Get Your Free JPY Forecast The US Dollar has slowed its upside progress against the Japanese Yen of late. On the daily chart below, USD/JPY can be seen leveling off just under the 61.8% Fibonacci extension at 148.27, which is immediate resistance. Meanwhile, key
US Dollar (DXY) Price, Chart, and Analysis Annual US headline inflation rose for the second month in a row, while core inflation fell for the fifth consecutive month, leaving Fed officials caught between two readings. Headline inflation rose due to higher gasoline prices (+10.6%) which accounted for over half the increase, while the shelter component
Oil (Brent Crude, WTI) News and Analysis OPEC maintains 2023/24 oil demand growth and economic growth forecasts Brent crude oil receives lift after the news but reenters oversold territory WTI oil attempts to push higher – US EIA short-term Energy Outlook due later The analysis in this article makes use of chart patterns and key
Article by IG Chief Market Analyst Chris Beauchamp Dow Jones, Nasdaq 100, CAC 40 Analysis and Charts Dow makes further gains The index has spent the past three sessions rallying from last week’s low and is now challenging the 50-day SMA from below. A close above 35,000 is critical to a renewed bullish view emerging,
© Reuters. Investing.com – The U.S. dollar edged higher in early European trade Tuesday, reversing some of the previous session’s sharp losses as traders revised their positions before data showing a potential rise in U.S. inflation. At 03:10 ET (07:10 GMT), the Dollar Index, which tracks the greenback against a basket of six other currencies,
The S&P 500 opened 0.2% higher while the Nasdaq Composite is up 0.4%. US Treasury yields are down 3-4 bps across the curve. SPX daily Apple shares are up 0.9% despite another report highlighting how China has told government employees and contractors not to use iPhones. لینک منبع : هوشمند نیوز
Share: Polish central bank cuts interest rates deeper than expected, draws criticisms. Politics appear to be influencing central bank action rather than the economy. Polish inflation is still in double-digit territory despite recent declines. The USD/PLN is pushing higher following an interest rate cut from the National Bank of Poland (NBP), sending the
Crude Oil, WTI, Brent, Saudi Arabia Russia, OPEC+, EIA, API, OVX – Talking Points Crude oil leapt over hurdles overnight as production cuts are pushed further out Inventory data show US demand to be strong and solid ISM number supports a robust outlook If oil prices keep going up and the US economy is strong,
Share: Gold Price pares recent losses at weekly low after five-day losing streak. XAU/USD bears the burden of strong US Dollar, China woes. Mostly upbeat United States data, Federal Reserve talks propel yields, US Dollar and weigh on the Gold Price. Risk catalysts, mid-tier US data and Fed signals eyed for fresh impulse
Westpac note on the Fed, China, and the Australian dollar. The US economy and the equity market have proved much more resilient to the FOMC’s tightening cycle than earlier anticipated. Our expectation for (US) inflation … 6–month annualised inflation back at 2.0% by end–2023 and the annual rate around 2.0%yr by mid–2024. It is the
