Join our telegram community
ECB’S WUNSCH: ANTI-FRAGMENTATION TOOL SHOULD HAVE NO LIMITS IF MARKET MOVES ARE UNWARRANTED European Central Bank (ECB) policymaker Pierre Wunsch said on …
WHITE HOUSE: WILL DISCUSS CONSEQUENCES OF RUSSIA’S INVASION OF UKRAINE AT NATO SUMMIT The White House said in a press release on …
WTI BATTLES $110 AS G7 AGREES TO EXPLORE A PRICE CAP FOR RUSSIAN OIL The Group of Seven (G7) leaders reached a …
USD/JPY STEADILY CLIMBS BACK TO 136.00 MARK AMID RISK-ON, RISING US BOND YIELDS A combination of supporting factors pushed USD/JPY higher for …
AUD/USD STICKS TO GAINS NEAR MID-0.6900S AMID MODEST USD WEAKNESS, POSITIVE RISK TONE A combination of supporting factors assisted AUD/USD to regain …
GOLD PRICE FORECAST: XAUUSD BEARS EYE $1,820 AND $1,816 AS NEXT TARGETS – CONFLUENCE DETECTOR Gold Price rebound lacks follow-through bias, as …
NZD/USD TO RETEST RECENT LOWS BELOW 0.62 – CIBC The New Zealand dollar is facing depreciation pressure. Economists at CIBC Capital Markets …
LAGARDE SPEECH: WE ARE STILL EXPECTING POSITIVE GROWTH RATES European Central Bank (ECB) President Christine Lagarde delivers the Introductory speech on Day …
LAGARDE SPEECH: THERE IS OPTIONALITY TO RAISE BY MORE IN SEPTEMBER European Central Bank (ECB) President Christine Lagarde delivers the Introductory speech …
EURUSD BREAKS ABOVE ASCENDING TRIANGLE AFTER LAGARDE STATEMENT The US dollar retreated slightly after strong economic data from the United States. Data …
GLOBAL STOCKS RECOVERY ACCELERATES AS VOLATILITY INDEX FALLS Global stocks continued their recovery as investors shrugged the rising inflation and the ongoing …
AUD/USD REMAINS ON THE DEFENSIVE, HOLDS COMFORTABLY ABOVE 0.6900 AMID MODEST USD WEAKNESS AUD/USD kicked off the new week on a weaker …
USDCHF DROPS BELOW BEARISH PENNANT AMID A HAWKISH SNB The Japanese yen went sideways against the US dollar after the latest inflation …
USDCHF DROPS BELOW BEARISH PENNANT AMID A HAWKISH SNB The Japanese yen went sideways against the US dollar after the latest inflation …
EUROPEAN STOCKS SLIP AS DALIO UNVEILS A $10 BILLION SHORT POSITION European futures turned lower on Friday morning as worries about the …
AUD/USD REMAINS ON THE DEFENSIVE, HOLDS COMFORTABLY ABOVE 0.6900 AMID MODEST USD WEAKNESS AUD/USD kicked off the new week on a weaker …
EUR/NOK FLIRTS WITH YTD HIGHS NEAR 10.50 POST-NORGES BANK EUR/NOK alternates gains with losses near 10.50. The Norges Bank raised the policy …
USD/TRY KEEPS THE UPSIDE IN PLACE ABOVE 17.00 ON STEADY CBRT USD/TRY trades close to the 2022 high near 17.40. The CBRT …
USD/JPY FLIRTS WITH DAILY LOW, STILL COMFORTABLE ABOVE 135.00 MARK AHEAD OF US DATA/POWELL USD/JPY extended the overnight pullback from a 24-year …
US: WEEKLY INITIAL JOBLESS CLAIMS DECLINE TO 229K VS. 227K EXPECTED Initial Jobless Claims declined by 2,000 in the week ending June …
GBP/USD RECOVERS EARLY LOST GROUND, STEADILY CLIMBS BACK ABOVE MID-1.2200S GBP/USD found decent support ahead of the weekly low following the release …
EUR/JPY PRICE ANALYSIS: BID BIAS INTACT ABOVE 138.00 EUR/JPY adds to Wednesday’s small loses and breaches 142.00. Further upside is likely while …
EURCHF FORMS BEARISH PENNANT AS EUROPE GAS CRISIS ESCALATES The euro declined sharply against the US dollar as the energy crisis in …
USDCAD FORMS HEAD AND SHOULDERS AFTER STRONG CANADA INFLATION DATA American stocks wavered on Wednesday as Jerome Powell testified before a Senate …
COPPER PRICE TO TUMBLE TOWARDS $6,295 ON A AWEEKLY CLOSE BELOW $8,570 – CREDIT SUISSE Copper (LME) remains clearly below the intersection …
GOLD PRICE FORECAST: XAUUSD TO SINK TOWARDS $1,691/77 ON A DROP UNDER $1,787 – CREDIT SUISSE Gold stays sidelined. $1787 and $1,874/79 …
USD/JPY TO REMAIN IN AN EBULLIENT MOOD WHILE ABOVE THE 50-DMA 129.72 – DBS BANK USD/JPY’s strength remains indefatigable. The pair remains bullish …
PLATINUM TO TANK TOWARDS $730 ON A BREAK UNDER 2021 LOWS AT $905/$897 – CREDIT SUISSE Platinum is back below its 200-day …
NZD/USD DROPS TO MULTI-DAY LOW, AROUND MID-0.6200S AMID NOTABLE USD DEMAND/RISK-OFF NZD/USD broke down through a three-day-old trading range amid broad-based USD …
PALLADIUM PRICE ANALYSIS: XPD/USD TO SINK TOWARDS $1,092 ON A DIP BELOW 2021 LOW OF $1,542 – CREDIT SUISSE Palladium is under …
USD/JPY: A MOVE TO 137.50 NOW APPEARS ON THE CARDS – UOB In the opinion of FX Strategists at UOB Group Lee …
GOLD PRICE FORECAST: XAUUSD TO BREAK ABOVE $1,895 ON ESCALATION OF GEOPOLITICAL TENSIONS – STANDARD CHARTERED Gold has held key support at …
US DOLLAR INDEX: BULLS REGAIN CONTROL AND TARGET 105.00, FOCUS ON POWELL DXY picks up pace and flirts with 105.00. US yields …
USD/CAD STICKS TO INTRADAY GAINS AMID A SLUMP IN OIL PRICES, BROAD-BASED USD STRENGTH A combination of factors assisted USD/CAD to regain …
USD/CNH STICKS TO THE CONSOLIDATIVE THEME – UOB Further range bound trading within 6.6600-6.7400 is predicted in USD/CNH in the next weeks, commented FX …
US PRESIDENT BIDEN: TO DECIDE BY END OF WEEK ON WHETHER TO ANNOUNCE GAS TAX HOLIDAY US President Joe Biden on Tuesday, …
US DOLLAR INDEX TO TREND HIGHER TOWARDS THE 109.25/110.25 AREA – CREDIT SUISSE The US Dollar Index (DXY) has seen a fresh …
ECB RESEARCHERS: EUROPE’S ECONOMY SEEN ‘FAR’ FROM STAGFLATION SCENARIO The European Central Bank (ECB) researchers said Wednesday in a report, the European …
GOLD PRICE FORECAST: XAUUSD REMAINS DEPRESSED NEAR WEEKLY LOW AHEAD OF POWELL’S TESTIMONY Gold edged lower for the fourth successive day on …
GOLD PRICE FORECAST: XAUUSD TO AVOID A DIP BELOW $1,800 – COMMERZBANK Gold has dropped to $1,825. Still, economists at Commerzbank expect …
EUR/USD LOSES THE FAITH AND SINKS BELOW 1.0500 EUR/USD slips back below the 1.0500 mark. The greenback appears well bid ahead of …
USDCHF FORMS BEARISH PENNANT AHEAD OF SPEECH BY SNB The US dollar bounced back against key currencies after mixed housing data from …
STERLING MOVES SIDEWAYS AMID UK TRAIN WORKERS STRIKE American stock futures jumped sharply on Tuesday as investors bought the dip. Futures tied …
ECB’S REHN: INFLATION PROVIDED REASON TO EXPEDITE NORMALISATION OF POLICY “With inflation rising sharply, there has been good reason to expedite the …
EUR/USD: BULLS REMAIN IN CONTROL AND CLIMBS TO 3-DAY HIGHS NEAR 1.0570 EUR/USD adds to Monday’s gains north of 1.0500. The dollar …
USD/JPY: FURTHER UPSIDE REMAINS IN THE PIPELINE -UOB Extra gains in USD/JPY need to surpass the 136.00 level in the short term, according to …
GOLD PRICE FORECAST: XAUUSD REMAINS ON THE DEFENSIVE BELOW 200-DMA, AROUND $1,835 AREA Gold oscillated in a narrow trading band below the …
ECB’S REHN: IT IS VERY LIKELY THAT SEPTEMBER RATE HIKE IS BIGGER THAN 25 BPS European Central Bank (ECB) Governing Council member Olli …
AUDUSD PRICE ANALYSIS: 38.2% FIBO LEVEL AT 0.7000 OFFERS STIFF RESISTANCE AUDUSD fades the upside below the key Fibo 38.2% Fibo level. …
NZD/USD STICKS TO INTRADAY GAINS, BULLS FLIRT WITH 0.6360-70 RESISTANCE ZONE A combination of supporting factors pushed NZD/USD higher for the second …
