Page 936 – Forex

Goldman Sachs preview the European Central Bank meeting & leave EURUSD forecast unchanged

Goldman Sachs expectations for the European Central Bank (ECB) at this week’s meeting on Thursday. This summary is via the folks at eFX. For bank …

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July 25, 2023

Central Banks

Australian CPI data due today, preview – expect another RBA rate hike next week

July 25, 2023

Australian inflation data is due today, both for Q2 and for the June month. Due at 11.30 am Sydney time 0130 GMT, 9.30pm US Eastern …

Central Banks

ICYMI – UBS expect China rate cuts, RRR cut, more cash injections in H2 2023

July 25, 2023

UBS in response to the stimulus signals that came from China’s Communist Party Politburo: China pledge to step up policy support underpins rally in oil …

Central Banks

ICYMI – Morgan Stanley raised its 2023 US GDP forecast to 1.3% (previously at 0.6%)

July 25, 2023

I posted last week on Morgan Stanley jacking their GDP forecast much higher: Morgan Stanley revise their US GDP forecast to +1.3%, from +0.6%, citing …

Central Banks

TD expect lower USD after the Federal Open Market Committee (FOMC) meeting today, preview

July 25, 2023

TD is anticipating that the Fed will raise rates by 25 basis points, which will be the final increase. Even so, the analysts go on, …

Central Banks

Australian CPI data due today, preview – big undershoot needed to stop the RBA from hiking

July 25, 2023

Australian inflation data is due today, both for Q2 and for the June month. Due at 11.30 am Sydney time 0130 GMT, 9.30pm US Eastern …

Central Banks

Economic calendar in Asia: Australian CPI data will be eyed by the RBA (meeting next week)

July 25, 2023

Last week we had the latest data on the Australian employment market, continuing very strong indeed: Australia (June ) Jobs +32.6K (vs. +15K expected) & …

Technical Analysis

With Australian CPI data to be released in the new trading day, what levels are in play?

July 25, 2023

The Australian CPI data for the quarter will be released in the new trading day rotations of a move down to 1.0% from 1.4% last …

Technical Analysis

USDJPY moves back below 50% of the move down from the June high

July 25, 2023

The USDJPY is pushing to the downside over the last few hours of trading making new session lows in the process. Technically, the price has …

Technical Analysis

Goldman Sachs reduces its growth forecast for the euro area to 0.4% from 0.7%

July 25, 2023

Goldman Sachs has reduced its 2023 growth forecast for the euro zone due to weaker economic activity data. Economists, under the leadership of Sven Jari …

Technical Analysis

The ups and downs in the USDCAD continues. Bias shifts back and favor the buyers.

July 25, 2023

The ups and downs in the USDCAD continue in trading today, with the price of the pair are (I think I don’t know moving back …