Euro, EUR/USD, US Dollar, EUR/JPY, Japanese Yen, EUR/CHF, Swiss Franc, Trend, Range – Talking Points Euro bulls have been cheering against the US Dollar this week after a rally A plunge in EUR/JPY last week proved to be unsustainable with a solid bounce EUR/CHF looks to be in the range for now. Will EUR/CHF break
UPCOMING EVENTS: Tuesday: US NFIB Small Business Optimism Index. Wednesday: US PPI, FOMC Minutes. Thursday: Japan PPI, UK GDP, ECB Minutes, US CPI, US Jobless Claims, NZ Manufacturing PMI. Friday: China CPI, China Trade data, Eurozone Industrial Production, US University of Michigan Consumer Sentiment. This weekend, Hamas launched a massive attack against Israel which draws
Crude Oil, WTI, China – Q4 Top Trade Opportunity: Crude oil prices might have ran too far in Q3 Chinese imports tend to be a key driver of WTI Might a slowing China pressure oil prices? Recommended by Daniel Dubrovsky Download the complete selection of Q4 top trades Crude Oil Prices Might Have Ran Too
Share: DXY comes under pressure following recent peaks. A move to 108.00 still appears in store near term. DXY faces some selling pressure after climbing to new 2023 tops in the 107.30/35 band on Tuesday. In light of the ongoing price action, extra gains appear likely in the dollar for the time being.
Last week inflation data for the eurozone came in weaker than expected, giving a glimpse of hope that it will continue to drop in the near future. However, overall inflation remains elevated and the rising energy prices might exert additional pressure in the coming months. That said, the ECB is likely to keep rates on
UPCOMING EVENTS: Monday: BoJ Summary of Opinions, Swiss Retail Sales, Eurozone Unemployment Rate, US ISM Manufacturing PMI. Tuesday: RBA Policy Decision, Swiss CPI, US Job Openings. Wednesday: RBNZ Policy Decision, Eurozone Retail Sales, Eurozone PPI, US ADP, US ISM Services PMI. Thursday: US Challenger Job Cuts, US Jobless Claims. Friday: Japan Wage data, Swiss Unemployment
© Reuters. The anticipated depreciation of the British Pound in Q4 2023 is closely tied to the Bank of England’s interest rates. This analysis looks into three Sterling pairs that are predicted to be impacted by this development. The pair is expected to face challenges due to the dominant US Dollar. The strength of the
BRITISH POUND TALKING POINTS AND ANALYSIS • GBPUSD Inches Down in Europe • Last week’s surprise Bank of England decision to hold rates still weighs • US Durable Goods data will be the near-term focus Recommended by David Cottle Get Your Free GBP Forecast The British Pound slipped just a little against the United States