Share: Oil (WTI) sees a boost in its price with hurricane Adalia and OPEC+ production cuts. US Dollar strength tops out and could start to abate as risk-on sentiment slows demand for the Greenback. This evening the American Petroleum Institute is due to print its weekly numbers. Oil prices are moving higher this
RAND TALKING POINTS & ANALYSIS Falling SA inflation hinders ZAR upside. SA stock and bond outflows a concern. USD/ZAR exhibiting hesitancy ahead of key economic data. Trade Smarter – Sign up for the DailyFX Newsletter Receive timely and compelling market commentary from the DailyFX team Subscribe to Newsletter USD/ZAR FUNDAMENTAL BACKDROP The rand is steadily
Japanese Yen (USD/JPY, EUR/JPY) Analysis Indicator of broader price pressures reach record highs IG client sentiment hints at bullish extension EUR/JPY breakdown scenario may receive a boost from dovish leaning ECB The analysis in this article makes use of chart patterns and key support and resistance levels. For more information visit our comprehensive education library
Share: AUD/USD licks its wounds after falling the most in three weeks the previous day. Markets brace for key central bank speeches at Jackson Hole Symposium. Mixed concerns about policy pivot, higher for longer rates prod traders amid light calendar. US Dollar stays firmer on mostly upbeat data, hawkish Fed talks ahead of
Share: Silver’s price plunged amid renewed downward pressure on Gold. Economists at ANZ Bank analyze XAG/USD outlook. A disconnect between price and fundamentals We believe Silver’s supportive fundamentals should come into play once manufacturing activity recovers in China and other developed markets. Investment demand has been lacklustre since 2022 despite strong fundamentals. This
Share: Gas market is shifting to a more balance position. However, economists at ANZ Bank note supply risks that could lead to further upside in prices. Striking fear into Gas markets Supply-side issues are once again back in focus in the global Gas market. Industrial action in Australia could threaten the relative peace
UK GDP continues to display resilience in 2023 ahead of next weeks inflation data. A drop in inflation coupled with todays GDP print could see the Bank of England pause in September لینک منبع : هوشمند نیوز
CRUDE OIL, WTI, NATURAL GAS, NG – Outlook: Crude oil looks overbought as it tests vital resistance. Natural gas remains in a slow and hesitant uptrend. What is the outlook for crude oil and natural gas and what are the key levels to watch? Recommended by Manish Jaradi How to Trade Oil Natural gas: A
Euro, EUR/USD, Technical Analysis, Retail Trader Positioning – IGCS Update Euro remains in a short-term downtrend vs the US Dollar Retail traders keep building upside exposure in EUR/USD Bullish Morning Star follow-through is falling apart Recommended by Daniel Dubrovsky Get Your Free EUR Forecast The Euro remains about 2.7% under the July high in what
The major US indices opened higher and moved even higher in the early trading for the day. Stocks are reacting to lower yields with the 10 year now down -7.4 basis points. The thirty-year is down -3.7 basis points. A snapshot of the market 12 minutes into the open and showing: Dow industrial average up
