EUR/USD Outlook: Euro Gains Capped Around 1.09 Ahead of Data

Eurozone consumer prices rose by 5.3% in July, down from 5.5% in June. Services inflation Read More →

AUD/USD Forecast: Stuck at 9-Month Lows After China’s Rate Cut

China’s rate reduction disappointed markets concerned about an economic slowdown. The dollar held its strength Read More →

CNY will likely remain under significant downside pressure in the near term – Commerzbank

Share: Economists at Commerzbank expect the Chinse Yuan (CNY) to remain under pressure for the Read More →

USD Index comes under pressure around 103.30, attention remains on Jackson Hole

Share: The index extends the corrective move to 103.30. US yields kicks off the week Read More →

Japan MOF raises assumed long-term interest rate for the coming fiscal year

The assumed long-term interest rate for the fiscal year 2024/25 was previously at a record Read More →

European equities little changed at the open today

Eurostoxx +0.1% Germany DAX +0.1% France CAC 40 +0.1% UK FTSE +0.1% Spain IBEX +0.2% Read More →

EUR/JPY set to post a weekly decline after Japanese inflation data

Share: EUR/JPY dropped near 158.00, still trading in cycle highs. After two consecutive weeks of Read More →

AUD/USD faces headwinds amid China’s economic woes, mixed Fed signals

Share: China’s economic indicators signal distress, with weak retail sales, plunging imports/exports, and Evergrande’s bankruptcy Read More →

GBP/USD Weekly Forecast: Upbeat Data Points to Further Hikes

Traders raised their bets on higher Bank of England interest rates. Most Fed policymakers still Read More →

USD/JPY Weekly Forecast: Yen Pauses on Intervention Fears

Federal Reserve meeting minutes indicated the possibility of further rate hikes. The yen reached the Read More →

Gold Price Forecast: XAU/USD gains some ground on risk aversion at the end of the week

Share: XAU/USD recovered towards $1,890, still poised for a weekly decline. China’s real state giant Read More →

Newsquawk week ahead: Jackson Hole, PBoC LPR, Flash PMIs, CBRT, Japan’s Tokyo CPI

Mon: PBoC LPR, German PPI (Jul) Tue: US Richmond Fed Index (Aug), New Zealand Retail Read More →

US equity close: Dip buyers limit the damage

Monthly options expiration was likely a factor in trading today but, in any case, the Read More →

Don’t discount technicals when analyzing Bitcoin. A look at the technicals driving BTC/USD

The price of Bitcoin this week, finally cracked below its 100-day moving average (blue line Read More →

EUR/USD Price Retains Bearishness Below 1.09 Post EU Data

The bias remains bearish despite temporary rebounds. A new lower low activates more declines. Breaking Read More →

AUD/USD Price Analysis: Dollar on Path to Fifth Weekly Gain

There was a surge in demand for safer assets due to concerns about China’s economy. Read More →

USD/CAD Outlook: Dollar’s Winning Streak Extends to Fifth Week

Investors expect that US interest rates will remain elevated. Most members of the Fed rate-setting Read More →

GBP/USD Price Analysis: Stuck in a range around mid-1.2700s, 23.6% Fibo. level

Share: GBP/USD lacks any firm directional bias and oscillates in a narrow trading band on Read More →

Asian Stock Market: Trades lower, investors worry about US rate hike, China’s economic woes

Share: Asian stock markets edge lower amid the fear of more rates hike, China’s economic Read More →

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