EUR/USD Forecast – Prices, Charts, and Analysis EUR/USD technical outlook remains bleak. FOMC – a hawkish hold next week? Recommended by Nick Cawley How to Trade EUR/USD The ECB hiked rates yesterday by 25 basis points across the board, the central bank’s tenth consecutive increase, as it strives to bring inflation back to target. The
Bitcoin (BTC), Ethereum (ETH) Prices, Charts, and Analysis: Talk of an imminent BlackRock Bitcoin ETF turns markets higher. BTC and ETH remain in multi-week ranges. The Bitcoin rumor mill was back in full flow yesterday after various tweets and stories suggested that the BlackRock spot Bitcoin ETF had already been agreed and would be announced
For all market-moving economic data and events, see the DailyFX Calendar The US dollar continues its climb higher and is within touching distance of making a fresh multi-month high. US Treasury yields remain elevated, supporting the greenback, as potential rate cuts are pushed back – and priced in – for May next year. The US
USD/JPY, Nikkei News and Analysis Japanese officials consider all options amid evidence of currency speculation USD/JPY rises on dollar bid, nervously eying the psychological 150 mark Nikkei on track for fifth consecutive day of gains, bull flag provides optimism The analysis in this article makes use of chart patterns and key support and resistance levels.
© Reuters. Investing.com– The People’s Bank of China said on Friday that it will cut the amount of foreign exchange that is required to be held by banks, as it moves to stem further weakness in the yuan and support a slowing economic recovery. The PBOC said it will cut the foreign exchange reserve requirement
The news out of China from the weekend was of supportive policy moves: A snippet from UBS, analysts there are optimistic on the developments. On more broader moves from Chinese policy makers: China’s broader package of response measures is starting to take shape. This latest round of measures adds to a growing list of steps
Gold Price (XAU/USD), Silver Price (XAG/USD) Analysis and Charts Bond yields fall on soft economic data. Silver has outperformed gold by a decent margin over the last week. Recommended by Nick Cawley How to Trade Gold Global economies are struggling, according to the latest round of PMI releases, with a raft of G7 countries seeing
British Pound (GBP) Analysis and Charts 10-year UK gilt yield touching levels last seen 15 years ago. EUR/GBP eyeing a test of multi-month support. Recommended by Nick Cawley How to Trade GBP/USD The British Pound is pushing higher against a strong US dollar as fixed-income traders push the yield on UK government debt ever higher.
Japanese Yen Prices, Charts, and Analysis USD/JPY remain above 145.00 stirring fears of official intervention. GBP/JPY prints eight green candles in a row. Recommended by Nick Cawley How to Trade USD/JPY The Japanese Yen remains at levels against the US dollar that sparked a round of official intervention but the Japanese currency is even weaker
US Dollar (DXY) Price, Chart, and Analysis Headline US inflation y/y is expected to push higher US dollar volatility near multi-month lows. Recommended by Nick Cawley Get Your Free USD Forecast Financial markets are in wait-and-see mode ahead of the latest US inflation report that is due to be released today. Market volatility across most
