Share: GBP/USD maintains its upward trajectory on a hawkish BoE tone. BoE Governor Andrew Bailey mentioned the challenge of bringing inflation back to the 2% target. US New Home Sales dropped by 5.6% at 679K against the market consensus of 725K in October. GBP/USD reached its highest level since early September, touching the
Share: GBP/JPY crosses 188.50, hits eight-year high as markets rally into the Friday close. The Pound Sterling is set for its fourth straight up day against the Yen. Risk appetite is catching a broad-market bid to cap off the trading week. The GBP/JPY has broken into new eight-year highs above 188.50 as the Pound
The price of bitcoin has extended to the highest level since May 2022. The high price has reached $38408 Bitcoin moves above and away from the 38.2% retracement Looking at the daily chart above, the price of the digital currency moved above the 38.2% of the move down from the 2021 high at $69000 three
The EIA is reporting that: U.S. overall crude production grew by 0.7% to 12.99 million barrels per day in July, the highest level since November 2019. Texas experienced a 1.3% increase in crude production, reaching 5.63 million barrels per day in July, setting a new record. New Mexico’s crude production rose by 0.6% to 1.78
Hits 0.75%. It won’t be closing the gap to the US 10 year any time soon …. Keep shorting these li’l puppies This article was written by Eamonn Sheridan at www.forexlive.com. لینک منبع : هوشمند نیوز
The yield on the 20 year Japanese Government Bond has risen to 1.47%, its highest in nearly a decade. Yesterday the 10-year yield hit its highest since May 2014. The Bank of Japan was in the market buying the 10yr earlier today: BoJ offers to buy an unlimited amount of JGBs: fixed rate, residual maturities
On the 2-year yield is up 3bp to 0.03%. USD/JPY was slammed earlier on: Bank of Japan Governor Ueda says his focus is on a ‘quiet exit’ reducing monetary easing USD/JPY indicating a big figure lower than Friday after ‘exit’ comments from BOJ Gov Ueda More on Bank of Japan Governor Ueda weekend comments sending
30 year mortage rate at highest level in over 20 yrs US mortgage rates hit the highest level in 20 years. The average mortgage rate increased to 7.09% as reported by Freddie Mac. A year ago the rate was around 5%. The Federal Reserve’s high-rate policies have most directly impacted the housing market, causing a
USDJPY is banging against August high The USDJPY is pushing against the high price from last week at 143.88. That is also the highest level since July 7. A break above would open the door for a run toward 144.00. Above that traders will start to look toward a swing area on the daily chart
A Friday afternoon is no time for a breakout but oil is going to be in focus next week, especially if the US dollar continues to retreat. The big level to watch is $83.53. If that breaks, we’re at the highest since November. On the CPI front, year-over-year gasoline prices are now ticking higher in
