Share: USD/JPY experiences upward support due to the US economic data. Momentum indicators suggest a predominant bullish sentiment in the market. The psychological level at 148.00 could emerge as a key support aligned with the 14-day EMA. USD/JPY hovers slightly below the high since November, trading around 149.10 psychological level during the Asian
Share: Palantir stock has shed nearly 9% so far this week. PLTR stock is sitting right on medium-term support from $13.50 to $14. A break of $13.50 would send PLTR hurtling toward $10.25. A recent AIP conference gave Palantir good marks on its move into the LLM space. Palantir (PLTR) stock advanced 1.2%
Share: Next week, markets will continue to digest the outcomes of recent central bank meetings. Additionally, market participants will closely monitor the release of economic data, with a particular focus on inflation figures from the Eurozone and the US Core Personal Consumption Expenditure (PCE) index. Here is what you need to know for
© Reuters. The US Federal Reserve’s decision to maintain interest rates at the 5.25%-5.50% range during its monetary policy meeting on Wednesday, September 20, 2023, has had global impacts. The Fed’s hawkish stance towards monetary policy, aimed at curbing inflation without causing significant job losses or economic downturns, has led to a strengthening of the
© Reuters. U.S. dollar banknotes are displayed in this illustration taken, February 14, 2022. REUTERS/Dado Ruvic/Illustration/File Photo By Brigid Riley TOKYO (Reuters) – The dollar remained firm against a basket of peers on Wednesday ahead of a much-anticipated rate decision by the Federal Reserve later in the day, while the yen continued to hang close
© Reuters. FILE PHOTO: U.S. Dollar and Euro banknotes are seen in this illustration taken July 17, 2022. REUTERS/Dado Ruvic/Illustration/File Photo By Rae Wee and Amanda Cooper LONDON/SINGAPORE (Reuters) – The euro got a lift on Tuesday from a report that indicated the European Central Bank may soon start discussing how to drain some of
Share: USD/CAD struggles to gain any meaningful traction and oscillates in a range on Monday. Bullish Oil prices underpin the Loonie and act as a headwind amid a modest USD slide. The downside seems limited as traders seem reluctant ahead of the FOMC policy meeting. The USD/CAD pair kicks off the new week
Australian Dollar Vs US Dollar, Australia Jobs – Talking Points: AUD held gains after Australia jobs data beat expectations. AUD/USD is attempting to form an interim base. Speculative short AUD positioning is at the highest level since early 2022. What is the outlook for AUD/USD and what are the key levels to watch? Recommended by
AUD/USD FORECAST: AUD/USD slides and fails to build on Monday’s gains, in a trading session marked by some risk aversion and moderate U.S. dollar strength Despite Tuesday’s subdued performance, AUD/USD seems to be in the process of forging a double bottom This article looks at Aussie’s key technical levels to watch in the coming days
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
