Central Banks Himino: BOJ must scrutinize newly emerging factors that are pushing up prices Posted onJune 29, 2023 Recent rises in Japan’s CPI are more more modest than in the US and Europe but stronger than previously expected While pass-through of import prices …
Technical Analysis USDCAD can’t extend above target swing area for the second consecutive day Posted onJune 29, 2023 The USDCAD moved higher in the Asian session and returned to a swing area between 1.3271 to 1.32853. The high price in the Asian session …
Technical Analysis USDJPY overbought but buyers still in control Posted onJune 29, 2023 Trending markets can get overbought and stay overbought. That is the case with the USDJPY. It has been up 6 of the last 7 days …
Technical Analysis GBPUSD falls to support target at 1.2599. Can the price move below the target? Posted onJune 29, 2023 The better claims and GDP has sent the USD higher and the GBPUSD lower. The price low for the GBPUSD has moved down to a …
Technical Analysis EURUSD bias shifts back to the downside after better US data, but support still holding Posted onJune 29, 2023 The EURUSD is moving back to the downside after stronger US initial jobless claims data and stronger GDP. The pair has moved back below the …
Technical Analysis The AUD is the strongest and the CAD is the weakest as the North American session begins. Posted onJune 29, 2023 The AUD is the strongest and the CAD is the weakest as the North American session begins. The USD is weaker a day after rising …
Central Banks Fed’s Bostic: Nobody should take a signal from my view that we should pause Posted onJune 29, 2023 There are undoubtedly scenarios where we could move at two meetings in a row I’m not expecting that will happen but if it is what …
Central Banks Fed’s Bostic: I don’t see as much urgency to move as stated by others Posted onJune 29, 2023 We’re not seeing inflation moving away from target I’m comfortable waiting If inflation seems to significantly stall, then we’ll probably do more Just take note …
Central Banks ECB’s de Cos: September meeting decision is “absolutely open” Posted onJune 29, 2023 In other words, it is a “we will see what happens after July”. That is pretty much consistent with most of the views shared by …
Central Banks Fed’s Powell says expects moderate pace of interest rate decisions to continue Posted onJune 29, 2023 He’s not giving much away with such a vague statement. It could still mean a further pause in July or a continuation of rate hikes …
Trading Education Forex Vs Stocks: Top Differences & How to Trade Them Posted onJune 29, 2023 Learn the main differences between forex and stocks to understand the best market to trade based on your trading style and strategy. Source