Japanese Yen (USD/JPY, EUR/JPY) Analysis The yen claws back some losses after BoJ minutes and clarity from Deputy Governor Uchida on the intention of recent yield curve adjustment USD/JPY heads lower after BoJ meeting and US credit downgrade EUR/JPY advance stalls ahead of potential triple top The analysis in this article makes use of chart […]
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© Reuters. FILE PHOTO: U.S. Dollar banknote is seen in this illustration taken July 17, 2022. REUTERS/Dado Ruvic/Illustration By Rae Wee and Harry Robertson LONDON/SINGAPORE (Reuters) – The dollar barely budged on Wednesday as investors shrugged off Fitch’s downgrade of the U.S. credit rating, although the yen made up ground against the U.S. currency as […]
The Fed hiked interest rates by 25 bps as expected and left everything. Fed Chair Powell didn’t offer any hint on the next move and just reaffirmed their data dependency, keeping all the options on the table. The economic data since the FOMC meeting has been supporting the soft-landing narrative as the labour market data […]
Switzerland SECO Consumer Climate (3m): -8 (3Q) vs -13 Source link
Crude Oil, WTI, Brent, Fitch, AA+, US Dollar, Treasuries, HSI, Nikkei 225, Gold – Talking Points The crude oil price pressed toward elevated levels as markets recalibrated The Fitch downgrade dominated price action, but the impact has been disparate If the risk-off attitude continues, will WTI face headwinds? Trade Smarter – Sign up for the […]
Euro Vs US Dollar, Australian Dollar, New Zealand Dollar – Outlook: EUR/USD rose a bit after US rating downgrade. However, growth differentials remain in favour of USD, limiting EUR/USD’s rise for now. What is the outlook and the key levels to watch in key Euro crosses? Recommended by Manish Jaradi How to Trade EUR/USD The […]
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© Reuters. FILE PHOTO: Japanese Yen and U.S. dollar banknotes are seen in this illustration taken March 10, 2023. REUTERS/Dado Ruvic/Illustration By Herbert Lash NEW YORK (Reuters) – The dollar advanced against major currencies on Tuesday after relatively solid data on U.S. manufacturing and construction in June offset a decline in job openings last month […]
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Share: The GBP weakened on Tuesday against the USD as the Greenback gained ground against most of its rivals. Ahead of Thursday’s Bank of England (BoE) decision, the weak British made the GBP lose interest while markets await key labour data from the US. Economic data reported on the session from the US […]
US DOLLAR FORECAST The U.S. dollar, as measured by the DXY index, continues its impressive rebound, gaining strength from the surge in U.S. Treasury rates The rise in bond yields has a positive impact on USD/JPY, propelling the currency pair to its highest levels in almost four weeks. Market focus remains on the highly anticipated […]