Friday’s bullish close looking for a rebound into 98.00

[ad_1] Share: The AUD/JPY saw a late break higher in Friday’s broad-market sentiment recovery. The Aussie is catching a bounce from the 200-hour SMA and a rising trendline. The technicals are leaning bullish with more upside on the cards, but headwinds remain. The AUD/JPY snuck over the 97.50 level just ahead of the

Forexlive Americas FX news wrap: The yen rebound continues as the US dollar sags

[ad_1] High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do

Focus turns to inflation data after Dollar’s rebound

[ad_1] Share: The key report for the week will be on Tuesday with the US Consumer Price Index. Additionally, more US inflation data is scheduled for Wednesday with the Producer Price Index. The Eurozone will report GDP growth, and the UK will release employment and inflation data. Australia will also release jobs data.

WTI Eyeing a Rebound After Slipping Below 200-Day MA

[ad_1] OIL PRICE FORECAST: Oil Continues to Advance as Supply Concerns and Potential Rebound in Demand Keep Prices Elevated. Saudi Energy Minister to Provide a Further Update this Week on the Potential for Further Cuts or an Extension into 2024. IG Client Sentiment Shows Traders are 79% Net-Short on WTI at Present. To Learn More

Dollar rebound extends for third day before Fed’s Powell speech By Reuters

[ad_1] © Reuters. FILE PHOTO: U.S. Dollar banknotes are seen in this illustration taken July 17, 2022. REUTERS/Dado Ruvic/Illustration/File Photo By Samuel Indyk LONDON (Reuters) -The dollar’s rebound extended for a third day on Wednesday after some Federal Reserve policymakers left the door open to further rate hikes, as traders looked to a speech from

Nasdaq 100 Goes on Bullish Tear, USD/JPY Perks Up as US Yields Resume Rebound

[ad_1] NASDAD 100, USD/JPY FORECAST: Nasdaq 100 rises for the seventh straight day, but gains are capped by rising U.S. rates U.S. Treasury yields resume their advance after last week’s pullback Meanwhile, USD/JPY perks up, putting an end to a three-day losing streak, with the broader U.S. dollar benefiting from the move in bonds Trade

FTSE 100, Dax and Dow Rebound from Recent Lows

[ad_1] Article by IG Chief Market Analyst Chris Beauchamp FTSE 100, DAX 40, Dow Jones Analysis and Charts ​​​FTSE 100 testing 7400 ​The index managed to rebound on Tuesday, recovering some losses. ​For a low to be formed, we would need to see additional gains towards 7450, which might then bolster a near-term bullish view