In this article, we have covered the highlights of global market news about the Bitcoin, Ethereum, Canadian Dollar, Australian Dollar and S&P 500. Forecast for the Upcoming Week for Bitcoin and Ethereum Bitcoin: The Path of Least Resistance Is Tilted Negatively Path of Least Resistance for Bitcoin Is Tilted Down. As tight ranges are maintained, Bitcoin is still …
In this article, we have covered the highlights of global market news about the USD/JPY, USD/TRY, EUR/USD and NZD/USD. USD/JPY maintains a solid upward trend – UOB Lee Sue Ann and Quek Ser Leang, FX Strategists at UOB Group, predict that the USD/JPY pair might rise to 141.50 on closing above 1405.50. View for the next 24 hours: …
In this article, we have covered the highlights of global market news about the NZD/USD, XAU/USD, USD/JPY and GBP/USD. NZD/USD recovers from a multi-week low and reclaims 0.6100; upward potential seems restricted. The NZD/USD pair halts its intraday decline at the 0.6075 area and rises a few points from the Thursday when it reached its lowest point since …
In this article, we have covered the highlights of global market news about the EUR/USD, USD/CAD, GBP/USD and USD/CNH EUR/USD loses momentum, putting parity to the test; look at EMU CPI Alternating trends in the risk complex continue to drive the EUR/USD market action, which is currently exerting some downward pressure on the parity zone. …
In this article, we have covered the highlights of global market news about the Platinum (XPT/USD), AUD/USD, USD/JPY and Gold (XAU/USD). Platinum Price Analysis: XPT/USD Maintains Path to $830-29 Support Zone The Platinum price (XPT/USD) is trading at $860 in the early hours of Tuesday morning in Europe. Despite having recovered off a 1.5-month low the day before, …
In this article, we have covered the highlights of global market news about the USD/CNH, Gold, USD/CAD and NZD/USD. USD/CNH is currently aiming for 6.9400 rather than 6.9600 – UOB According to Quek Ser Leang and Peter Chia, FX Strategists at UOB Group, if the upswing keeps on, USD/CNH may retest the 6.9400 level before reaching 6.9600 in …
In this article, we have covered the highlights of global market news about the Australian Dollar, S&P 500, NASDAQ 100 and DOW JONES. Forecasts for the Australian Dollar: RBA in the Fed’s Shadow for Now The US Dollar strengthened last week in reaction to Federal Reserve Chair Jerome Powell’s much awaited speech at the Jackson Hole Symposium, …
In this article, we have covered the highlights of global market news about the GBP/USD, EUR/USD, XAU/USD and USD/TRY. GBP/USD: A break below 1.1730 is likely due to the USD’s strength, according to ING. GBP/USD has changed course from Thursday when it saw modest daily gains. If the dollar gains strength after today’s speech by Jerome …
In this article, we have covered the highlights of global market news about the EUR/USD, NZD/USD USD/CAD and EUR/HUF. EUR/USD Price Analysis: Breaks through bearish channel to highlight 1.0100 barrier In defiance of the eight-day-old negative trend, the EUR/USD price rose to a new weekly high of 1.0025 on Thursday morning in Europe. The short-term negative …
In this article, we have covered the highlights of global market news about the USD/CNY, USD/TRY, USD/CAD and EUR/USD. USD/CNY will trade in a new and higher range for the remainder of 2022 and into the first part of 2023, according to HSBC. “USD/CNY just crossed over the frequently observed 6.80 thresholds in terms of currency. …
