Page 735 – Forex

Nasdaq Composite Technical Analysis – The bearish bias is still intact

The more hawkish than expected revision to the FOMC Dot Plot last week keeps on weighing on the Nasdaq Composite as the market might starting …

By admin

September 27, 2023

Central Banks

Fed’s Kashkari: There is a risk that rates might have to go higher

September 27, 2023

We’re committed to 2% inflation There is a risk that rates might have to go higher but hard to know This builds on his remarks …

Technical Analysis

Copper Technical Analysis – Key support in sight

September 27, 2023

Copper continued to trade within a symmetrical triangle for months as the uncertainty on the global economy kept both buyers and sellers at bay. The …

Technical Analysis

GBPJPY Technical Analysis – Lower prices expected

September 27, 2023

UK: The BoE kept interest rates unchanged. The central bank is leaning more towards keeping interest rates “higher for longer” but it kept a door …

Technical Analysis

USDCHF Technical Analysis – The bullish momentum is waning

September 27, 2023

US: The Fed left interest rates unchanged as expected. The macroeconomic projections were revised higher as the economy showed much stronger resilience than expected and …

Central Banks

ECB’s Elderson: Interest rates have not necessarily peaked

September 27, 2023

Unfortunately for him, it doesn’t seem like the governing council members are all too interested in pursuing another rate hike – at least for now. …

Technical Analysis

NZDUSD Technical Analysis – Key support in sight

September 27, 2023

US: The Fed left interest rates unchanged as expected. The macroeconomic projections were revised higher as the economy showed much stronger resilience than expected and …

Central Banks

Rising Australian inflation, “its not safe to conclude that the RBA rate cycle has peaked”

September 27, 2023

The data released earlier is here: Australian August monthly inflation data 5.2% y/y (vs. 5.2% expected) that 5.2% headline is up from 4.9% in July …

Market Outlook

Asia Day Ahead: AUD/USD Stuck in a Range, Silver Eyes retest of Trendline Support

September 27, 2023

Elevated Treasury yields, higher oil prices and a gridlock in the US government funding bill serve as prevailing risks for markets to digest. Source

Central Banks

If you are eyeing the European Central Bank meeting today, it’s a non-policy meeting

September 27, 2023

Yes there is a meeting of the European Central Bank on Wednesday, 27 September 2023. Its not a meeting on monetary policy though. The next …

Central Banks

China state banks intervening to sell USD/CNY

September 27, 2023

Yuan supportive intervention in China. The chart is of CNH, moving along with a higher CNY: This article was written by Eamonn Sheridan at www.forexlive.com. …