The JPY is the strongest and the Euro the weakest at the start of the North American session. JPY confirms its reaction to BOJ Governor Nikkei’s report that Kazuo Ueda will be appointed as...
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Bitcoin enters short-term correction
Despite the positive development of US stock indices, Bitcoin continued its unsuccessful attempts to focus above $23,000 on Wednesday. The crypto market at least came to a halt after the rally at the beginning...
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NZD/USD TRIMMED THURSDAY’S GAINS, STUMBLES BELOW 0.6400
NZD/USD ended the week solidly up 0.6700%, boosted by weaker US CPI data. US consumer inflation expectations fell, weighing on the US dollar. NZD/USD Technical Analysis: Failure at 0.6 00, sellers rejoiced and saw...
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2 Minutes
AUD/CAD Forecast: Drifts Lower Against Canadian Dollar
Australia is struggling with all the fuss about China’s slowdown and the coronavirus issues there, as the Chinese economy has been showing some pretty bad numbers lately. AUD/CAD is slightly lower during Thursday’s trade...
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2 Minutes
AUD/CAD Forecast: Drifts Lower Against Canadian Dollar
Australia is struggling with all the fuss about China’s slowdown and the coronavirus issues there, as the Chinese economy has been showing some pretty bad numbers lately. AUD/CAD is slightly lower during Thursday’s trade...
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US DOLLAR TO PEAK AND THEN WEAKEN IN 2023 – CITI
Citi economists are looking for an end to the US dollar’s spectacular rally. CAD FURTHER BOOSTS USD STRENGTH MARKETS „We expect the 2021 USD rally to end sometime in 2023 and then reverse. That’s...
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2 Minutes
Gold Forecast: Markets Continue to Grind Toward Big Figure
It is possible that the 200-day EMA will provide some level and is currently near the $1,762 level. The gold market is slightly higher during the Thursday session as we continue to see the...
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4 Minutes
EURUSD RECOVERED GROUND TOWARDS THE END OF THE NY SESSION, DESPITE HOT US CORE PCE
The US dollar strengthened against the US majors but weakened towards the end of Wall Street. GDP weakened in France and Spain, while German inflation continued to rise, above 10%. EURUSD is neutral on...
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1 Minute
NZD/USD RUSHES UP TO THE 0.5750 AREA AS THE US DOLLAR LOSES GROUND
The kiwi bounces up at 0.5610 and rallies to 0.5755. The US dollar drops amid Fed easing speculation. NZD/USD is unlikely to consolidate above 0.5750 – UOB. The New Zealand dollar bounced up strongly...
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1 Minute
SILVER PRICE ANALYSIS: XAG/USD STRENGTHENS AND RALLIES PAST $19.00
Silver prices extend recovery above $19.00. USD , dives to the Fed side, easing speculation. XAG/USD is now in the area of major resistance at $19.30. silver prices extended Thursday from Friday’s low of...
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