Share: AUD/JPY recovers from the intraday losses amid BoJ’s hawkish comments. BoJ Governor Kazuo Ueda suggested the odds of interest rate hikes in the future. Investors turn cautious as China’s weak demand weakens the Australian Dollar (AUD). AUD/JPY trades lower around 94.00 during the Asian session on Monday, trimming the intraday losses. However,
Share: Gold price trades sideways amid US Dollar (USD) retreats. Improved US Treasury yields could exert downward pressure on the price of Gold. China’s disinflationary pressures influenced the yellow metal. Gold price trades around $1,920 a troy ounce during the early trading hours in the Asian session on Monday. The precious metal struggles
Share: As Wall Street opens positive, NZD/USD rises 0.57% to 0.5907, partially offsetting fears of a global economic slowdown. US Dollar softens after hitting a six-month high, providing a tailwind for NZD/USD amid a lack of fresh US economic data. Traders await key economic indicators next week, including US inflation data and New
Australian Dollar Vs US Dollar, New Zealand Dollar, Japanese Yen – Price Setups: Tentative signs of stabilization in AUD/USD’s recent slide. AUD/NZD has rebounded from key support; AUD/JPY is flirting with key resistance. What is the outlook for key AUD crosses? Recommended by Manish Jaradi Trading Forex News: The Strategy The Australian dollar is looking
Share: EUR/USD holds ground due to the ECB’s support of a hawkish stance. The previous week’s low appears to be the support followed by the 1.0750 psychological level. Nine-day EMA emerges as the key barrier following the 14-day EMA at 1.0874 level. EUR/USD hovers above 1.0800 psychological level during the Asian session on Monday.
Euro, EUR/USD, Technical Analysis, Retail Trader Positioning – IGCS Update Euro on course for a 6th consecutive weekly loss Retail traders are maintaining their bullish bets EUR/USD faces rising support from November Recommended by Daniel Dubrovsky Get Your Free EUR Forecast The Euro is on course for a 6th consecutive weekly loss against the US
Gold, XAU/USD, Trendline, Death Cross – Technical Update: Gold prices have fallen to a key rising trendline from February A breakout could mark the beginning of a broader bearish bias The 4-hour timeframe has a bearish Death Cross in focus Recommended by Daniel Dubrovsky Get Your Free Gold Forecast Daily Chart Following cautious losses since
The US dollar has recovered some of the selling after non-farm payrolls as equities give back gains. Notably, Treasury yields remain near the lows of the day, led by a 13 bps fall in 7-year notes. The dollar has been dragged around by fixed income this week but its stocks behind this move. The S&P
Article by IG Chief Market Analyst Chris Beauchamp FTSE 100, DAX 40, Dow Jones Analysis, Prices and Charts Recommended by IG Traits of Successful Traders FTSE 100 sheds more ground The index fell back on Tuesday, once again unable to move above 7700. This could spell the beginning of a more substantial pullback. The 200-day
