AI image The upcoming week features a series of significant economic releases, auctions, and reports that market participants will be watching closely. Monday, November 20 The week kicks off with a Treasury auction of 20-year securities worth $16 billion, an event that will give us insights into market demand for long-term government debt. It comes
USD/JPY News and Analysis Broad Japanese Yen strength observed late on Friday as BoJ and currency officials address FX intervention and monetary policy, respectively USD/JPY heads back below 150 but major currencies still on track for another weekly gain vs JPY Japanese government bond yields ease in sympathy with the US, global trend The analysis
USDJPY 10 mins USD/JPY is at the best levels of the day, up 66 pips to 151.05. The pair was hit with a double-whammy yesterday with a squeeze lower followed by a broad rout in the US dollar. Today, the bulls are beginning to wade back in with Treasury yields up 6-9 bps across the
WTI crude oil daily WTI crude oil has rebounded $1.22 today but it was flushed lower this week on a series of factors that offer hints on what’s coming next. 1) Technical selling The first reason is the simplest: $80 broke. Oil tested $80 several times before finally breaking it on Tuesday. That sent crude
BANK OF CANADA DECISION: Bank of Canada holds rates steady at 5.00% for the second month in a row, in line with expectations The bank says that inflationary risks have increased and that it is prepared to raise borrowing costs further if needed USD/CAD rises after BoC’s decision, but fails to break out decisively Trade
AUD/USD TECHNICAL OUTLOOK AUD/USD rises for the fourth straight day, pressing against trendline resistance. Despite its recent recovery, the Aussie maintains a bearish profile. This article looks at AUD/USD’s key technical levels worth watching in the coming trading sessions. Trade Smarter – Sign up for the DailyFX Newsletter Receive timely and compelling market commentary from
US NFP REPORT KEY POINTS: The U.S. economy is forecast to have created 170,000 jobs in September. The unemployment rate is seen ticking down to 3.7% from 3.8% previously, signaling persistent labor market tightness. A strong NFP report will be positive for U.S. yields and the U.S. dollar, and bearish for gold and stocks. Most
Australian Dollar Vs US Dollar, Australia Monthly CPI – Talking Points: AUD held early gains after Australia monthly CPI rose last month. AUD/USD faces still resistance ahead; AUD/NZD is testing key support. What are the key levels to watch in AUD/USD and AUD/NZD? Recommended by Manish Jaradi How to Trade AUD/USD The Australian dollar held
Bitcoin, BTC/USD, Ethereum, ETH/USD – Outlook: Bitcoin rally fizzles ahead of a vital hurdle. ETH/USD falters at key resistance. What is the outlook and what are the key levels to watch? Recommended by Manish Jaradi Get Your Free Introduction To Cryptocurrency Trading BITCOIN: Lacks upward momentum Bitcoin’s inability to retest a vital ceiling at the
> GM: We do have contingency plans, and will do what’s best for the company, and customers: GM responds to the increasing UAW strikes at parts and distribution centers Escalation of a strike by UAW’s top leadership is unnecessary We have now presented 5 separate economic proposals We will continue to bargain in good faith
