Page 914 – Forex

USDJPY Technical Analysis – Bulls and Bears are watching this key support

The Fed hiked interest rates by 25 bps as expected leaving everything else unchanged. Fed Chair Powell didn’t hint to anything in his press conference …

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August 2, 2023

Technical Analysis

NZDUSD Technical Analysis – Bears are waiting at these levels to sell the rally

August 2, 2023

The Fed hiked interest rates by 25 bps as expected and kept everything unchanged. Fed Chair Powell reaffirmed their data dependency and kept all the …

Technical Analysis

AUDUSD Technical Analysis – The bears are looking to sell the rally

August 2, 2023

The Fed raised rates by 25 bps as expected and kept everything unchanged. Fed Chair Powell didn’t hint to anything and just reaffirmed their data …

Sentiment

FTSE 100 IG Client Sentiment: Our data shows traders are now net-long FTSE 100 for the first time since Jul 20, 2023 when FTSE 100 traded near 7,644.70.

August 2, 2023

Traders are further net-long than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger FTSE 100-bearish contrarian …

Technical Analysis

USDCAD Technical Analysis – Bullish bias intact but watch out for a pullback

August 2, 2023

The Fed hiked interest rates by 25 bps as expected and kept everything else unchanged. Fed Chair Powell just reaffirmed their data dependency and kept …

Technical Analysis

GBPUSD Technical Analysis – Key support zone for the Bulls

August 2, 2023

The Fed hiked interest rates by 25 bps as expected and left everything. Fed Chair Powell didn’t offer any hint on the next move and …

Technical Analysis

EURUSD Technical Analysis – Last line of defence for the Bulls

August 2, 2023

Last week, the Fed hiked by 25 bps as widely expected and left everything unchanged. Fed Chair Powell in the press conference just reaffirmed their …

Central Banks

BOJ’s Uchida says may step in before 10-year yields hit 1%, depending on speed of the move

August 2, 2023

Not thinking of raising 1% cap for 10-year yields target for now This is already quite a high ceiling I think the headline was already …

Central Banks

BOJ’s Uchida: Decision to make YCC flexible not a move towards ending ultra loose policy

August 2, 2023

If economy, prices remain roughly unchanged, don’t expect rates to rise sharply BOJ will curb excessive rise in long-term rates Does not want to comment …

Market Outlook

Crude Oil Eyes New Highs Despite Risk Aversion Elsewhere on Fitch Decision

August 2, 2023

The crude oil price has maintained overnight gains despite a tough day for risk assets after Fitch downgraded US sovereign debt saw equity markets retreat …

Central Banks

Deutsche Bank expect +25bps rate hike from the Bank of England this week – ‘close call’

August 2, 2023

A snippet on what Deutsche Bank is expecting from the Bank of England: expect a +25bps hike taking the Bank Rate to 5.25% it is …