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 today’s
Reuters Tankan is a monthly survey that seeks to track the Bank of Japan’s tankan quarterly survey Japan manufacturers index +4 in October, unchanged from September Non-manufacturers index +24 in October vs +23 in September Manufacturers January index seen at +5, non-manufacturers +20 The survey covered familiar ground: prospect of higher U.S. interest rates has
Share: Mexican Peso appreciates more than 0.60% but fails to break support at the 20-day SMA. Mexico’s economic budget saw increased welfare pensions equivalent to 1.4% of the GDP. USD/MXN consolidates in the mid-North American session at around 17.40s. The Mexican Peso (MXN) remains firm versus the US Dollar (USD) on an improvement
Share: GBP/USD rises 0.22% as market sentiment remains upbeat, with NVIDIA earnings and BoE rate hike prospects in focus. Interest rate differential between the US and UK narrows, potentially pushing GBP/USD towards the YTD high of 1.3147. Technicals indicate resistance at the 50-DMA of 1.2791; a breach could target 1.2995, while support lies
Share: USD/MXN drops more than 1.50%, but clings to the 17.0000 psychological level. US jobs data came soft, thus decreasing the chances for additional tightening by the Federal Reserve. Upcoming economic data includes the US inflation report, Balance of Trade, and Fed speakers, while in Mexico, Consumer Confidence and inflation rate will be
A.Rating rewards ,destroy and improve Halt the drip of $ rewards for the rating points. The system that distributes rating points ,with or without Proposal 01 , would still be in place so you know what the distributed total would have been per week. That weekly amount (that you spend anyway already) is then distributed to the