Gauge of Widespread Inflation Hits 2001 Levels

[ad_1] USD/JPY News and Analysis Japanese gauge of widespread inflation rises at its fastest pace since 2001 USD/JPY heads lower as the dollar slides further JPY remains heavily net-short (large speculators) but not as short as last week The analysis in this article makes use of chart patterns and key support and resistance levels. For

GBP/USD hits 12-week high amid positive data

[ad_1] Share: GBP/USD climbs above 1.2600, driven by optimistic UK data and a jump in UK yields. US data was mixed with solid Services and Composite PMIs, but Manufacturing PMI fell into contraction. Upcoming speeches by the BoE Governor and US economic reports to provide further cues for GBP/USD movement. The Pound Sterling

GBP/JPY breaks above 188.50, hits its highest bids since August 2015

[ad_1] 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

AUD/USD hits three-month high, fueled by risk-on mood

[ad_1] Share: AUD/USD rallies near 0.6600, continuing its upward trajectory on the back of a buoyant market mood. Mixed US economic reports fuel speculation of a potential Fed policy shift despite recent hawkish remarks. Upcoming economic, including RBA speeches and key US data, are set to offer fresh impetus to AUD/USD traders. The

AUD/USD hits three-month high amid mixed US economic reports By Investing.com

[ad_1] © Reuters. The Australian dollar reached a three-month peak against the US dollar today, trading at 0.6591, buoyed by a combination of positive market sentiment and waning US dollar strength. The shift in currency dynamics follows the release of mixed economic indicators from the United States. Today’s reports showed an expansion in the US

GBP/USD hits 12-week high on UK market optimism and easing inflation By Investing.com

[ad_1] © Reuters. Optimism has surged in the UK financial markets, leading the exchange rate to reach a twelve-week peak, buoyed by improved consumer confidence and a promising business outlook despite persistent recessionary pressures. On Thursday, the pound sterling climbed to 1.2615 against the US dollar, reflecting positive reactions to the latest S&P Global/CIPS data

Australian Wage Growth Hits Fresh Highs

[ad_1] AUD/USD ANALYSIS & TALKING POINTS Australian wage growth the highest since 2009. Focus now shifts to US PPI and retail sales data. AUD/USD bulls look to break 0.65 handle. Elevate your trading skills and gain a competitive edge. Get your hands on the Australian dollar Q4 outlook today for exclusive insights into key market

EUR/USD Hits Snag After Breakout, Nasdaq 100 Stalls, Oil Prices at Risk of Meltdown

[ad_1] This article focuses on the technical outlook for EUR/USD, Nasdaq 100 and crude oil (WTI Futures), taking into account sentiment analysis and recent price action dynamics. Most Read: US Dollar Forecast – Fed Pivot Ahead? Setups on USD/JPY, GBP/USD, AUD/USD For a comprehensive assessment of the euro’s medium-term outlook, make sure to download our

Hits eight-year high on risk appetite improvement, bull’s eye 190.00

[ad_1] Share: GBP/JPY uptrend appears to be overextended, with the next major target set at the 190.00 psychological level, a peak not seen since September 2008. A successful breach of 190.00 could open the path towards the September 2008 high of 198.34, potentially even the 200.00 mark. On the downside, initial support is

SoftBank books another quarterly loss, as investment hits offset Arm

[ad_1] SoftBank books another quarterly loss, as investment hits offset Arm FULL STORY Its Vision Fund investment unit, meanwhile, booked an investment profit of 21.4 billion yen in the latest quarter, having made a 160 billion yen profit three months earlier. The net loss at group level of 789 billion yen compares with a 3.01