Page 714 – Forex

RBC says US stocks are able to “weather the current surge in interest rates”

Some points from RBC on US equities vs. higher rates. Last week the 10-year US Treasury yield hit its highest in 16 years, so the …

By admin

October 9, 2023

Central Banks

BoE MPC member Mann says wage and price inflation are sticky downwards

October 9, 2023

Bank of England Monetary Policy Committee member Catherine Mann is giving a talk in Dallas on inflation dynamics. says wage and price inflation are sticky …

Technical Analysis

EURUSD stretches to the 38.2% retracement.Can the buyers make another run above the level?

October 9, 2023

The EURUSD moved above its 38.2% retracement of the move down from the September 12 high on Friday following the snapback rally post the US …

Technical Analysis

NZDUSD making a play outside “value area”

October 9, 2023

This article was written by Greg Michalowski at www.forexlive.com. Source

Technical Analysis

Microsoft higher on the day but testing key 100 day MA level

October 9, 2023

Microsoft shares are trading up $2.66 or 0.81% at $329.92. At that level, the share price is testing its 100-day moving average at $329.96. Getting …

Central Banks

France central bank sees Q3 GDP growth of 0.1%

October 9, 2023

France’s central bank now sees growth in France at 0.1% in the Q3. That is down from 0.5% in Q2 This article was written by …

Central Banks

More from Fed’s Jefferson: Current policy is restrictive

October 9, 2023

More from Feds Jefferson: It could be the case that rise in the long-run treasury yields reflects anticipation for strong growth Current policy is restrictive. …

Technical Analysis

GBPUSD is trading between technical levels with MAs on the downside and swing area above

October 9, 2023

The GBPUSD gapped lower today (higher USD) and moved lower into the European session. The low prices for the day tested a swing area 1.2159 …

Technical Analysis

EURUSD trades within a technical range with the 100H MA as support and swing area above

October 9, 2023

The EURUSD in the NY session, opened near its 100-hour MA (blue line in the chart below). Sellers could not push the price below that …

Sentiment

EUR/GBP IG Client Sentiment: Our data shows traders are now net-long EUR/GBP for the first time since Sep 29, 2023 when EUR/GBP traded near 0.87.

October 9, 2023

Traders are further net-long than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger EUR/GBP-bearish contrarian trading …

Technical Analysis

USDJPY falls sharply. Slices through 50% retracement at 148.73 (now resistance)

October 9, 2023

The USDJPY has fallen sharply over the last few hours of trading and in the process has broken below its 100-hour moving average at 148.957, …