The EUR/JPY remains firm in the week, advancing 1.02%. On Thursday, BoJ Kuroda’s hawkish commentary did not weigh on the EUR/JPY. EUR/JPY Price Analysis: To…
View More EUR/JPY Price Analysis: A rising wedge looms and targets 132.50
Category: Forex
USD/CHF Price Analysis: Range-bound around the 0.9570s-0.9660s area
The USD/CHF continues extending its two-week rally, gaining 1.53%. Risk appetite increased and weighed on the USD/CHF, falling 0.15%. USD/CHF Price Forecast: In the short-term,…
View More USD/CHF Price Analysis: Range-bound around the 0.9570s-0.9660s areaUnited States Pending Home Sales (YoY) came in at -9.1%, above expectations (-13%) in April
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and…
View More United States Pending Home Sales (YoY) came in at -9.1%, above expectations (-13%) in AprilSouth Africa Producer Price Index (MoM) came in at 1.8%, above expectations (1.1%) in April
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and…
View More South Africa Producer Price Index (MoM) came in at 1.8%, above expectations (1.1%) in AprilGold Price Forecast: XAU/USD skids below $1,850 as DXY refreshes day’s high, US PCE and GDP in focus
Gold prices have established below $1,850.00 amid uncertainty over the US PCE. The DXY has recorded a fresh day’s high at 102.16 a risk-on impulse…
View More Gold Price Forecast: XAU/USD skids below $1,850 as DXY refreshes day’s high, US PCE and GDP in focus
NZD/USD marches towards 0.6500 despite renewed NZ recession fears, US PCE eyed
NZD/USD is advancing towards 0.6500 as DXY weakness ahead of US PCE. The antipodean is performing stronger despite renewed fears of recession. A consecutive 50…
View More NZD/USD marches towards 0.6500 despite renewed NZ recession fears, US PCE eyed
NZD/USD flat on the day in the 0.6460s pre-Fed minutes releases after hawkish RBNZ-induced volatility
NZD/USD is flat but has swung within a 100 pip 0.6410-0.6510ish range on Wednesday. The pair has been buffeted by a hawkish RBNZ policy announcement,…
View More NZD/USD flat on the day in the 0.6460s pre-Fed minutes releases after hawkish RBNZ-induced volatility
AMC Stock News: AMC Entertainment tanks again and approaches 52-week low price
NYSE:AMC fell by 10.28% during Tuesday’s trading session. GameStop tumbles as its crypto and NFT wallet have little impact on the stock. Another penalty from…
View More AMC Stock News: AMC Entertainment tanks again and approaches 52-week low price
AUD/USD: A sustained advance is expected above 0.7135 – UOB
In the opinion of FX Strategists at UOB Group Lee Sue Ann and Quek Ser Leang, extra gains in AUD/USD area likely on a breakout…
View More AUD/USD: A sustained advance is expected above 0.7135 – UOB
Breaking: RBNZ hikes OCR to 2% as expected but sees higher future rates to prior outlooks, sending kiwi higher
Developing story The Reserve Bank of New Zealand has hiked the Official Cash Rate by 50 bps to 2% and the markets are now on the…
View More Breaking: RBNZ hikes OCR to 2% as expected but sees higher future rates to prior outlooks, sending kiwi higher