Author: FX

Share: The AUD/NZD is grinding it out on Monday, testing into higher ground. The Aussie is rebounding on a technical basis after declining most of November. Resistance is piled up, bulls face uphill battle. The AUD/NZD has climbed nearly 0.6% as the Aussie (AUD) rallies against the Kiwi (NZD) following two straight weeks of declines. Hourly candles have the AUD/NZD running straight into the 200-hour Simple Moving Average (SMA) just south of 1.0860. The pair was constrained by the 50-hou SMA following early November’s decline from 1.0900, and now the AUD/NZD finds itself trading into the top end…

USD/JPY, GBP/USD, AUD/USD FORECAST:The October U.S. inflation report will steal the limelight on TuesdayIf actual CPI results deviate from consensus expectations by a wide margin, FX volatility can rise significantlyThis article explores pivotal technical levels for USD/JPY, GBP/USD and AUD/USD that may act as support or resistance in the coming trading sessionsMost Read: US Inflation Preview – How Will Gold Prices, EUR/USD and the Nasdaq 100 React to Data?Traders should be on high alert on Tuesday, as the U.S. Bureau of Labor Statistics is expected to release October inflation figures in the morning. Against this backdrop, volatility is likely to…

Another batch of U.S. inflation numbers from October will be released this week! Will this update influence “rate cut” speculation? And how may the Greenback respond to the data? Let’s take a look to see what market participants are anticipating from the latest CPI report in the United States and how it may influence market prices: This Article Is For Premium Members Only Become a Premium member for full website access, plus get: Ad-free experience Daily actionable short-term strategies High-impact economic event trading guides Access to exclusive MarketMilk™ sections Plus More! Source link

Biora Therapeutics GAAP EPS of -$4.89 misses by $3.96 Source link

© Reuters. FILE PHOTO: 200 reais note are seen after Brazil’s Central Bank issues the new note in Brasilia, Brazil September 2, 2020. REUTERS/Adriano Machado/File Photo By Marcela Ayres BRASILIA (Reuters) – Brazil raised $2 billion on Monday with its first-ever ‘green’ bond issuance, featuring a 6.15% yield, according to a person familiar with the operation. The seven-year bonds are part of an effort to set a benchmark for the private market while channeling funds toward the government’s ambitious sustainability agenda. According to the source, who spoke on condition of anonymity as the details of the deal are not yet…

GOLD, EUR/USD, NASDAQ 100 FORECASTGold prices, EUR/USD and the Nasdaq 100 will be highly sensitive to the upcoming U.S. inflation reportThe U.S. Bureau of Labor Statistics will release October consumer price index data on TuesdayHeadline CPI is seen rising 0.1% m-o-m and 3.3% y-o-y. Meanwhile, the core gauge is expected to clock in at 0.3% m-o-m and 4.1% y-o-y Trade Smarter – Sign up for the DailyFX Newsletter Receive timely and compelling market commentary from the DailyFX team Subscribe to Newsletter Most Read: US Dollar Outlook Hinges on US Inflation, Setups on EUR/USD, USD/JPY, AUD/USDThe U.S. Bureau of Labor Statistics…

The major European indices are closing the session higher to start the new trading week.German DAX, +0.73%France, +0.60%UK’s FTSE 100, +0.89%Spain’s Ibex +0.96%Italy’s FTSE MIB +1.38%As European traders look to exit for the trading day, the AUD is the strongest of the major currencies. The JPY is now the weakest. The US dollar was the tipping to the upside at the start of the North American session, but has now tipped the scales more to the downside. The AUDUSD is trading to new session highs as is the GBPUSD currently. The strongest to weakest of the major currenciesIn the US…

Share: The Euro navigates the 1.0680 region vs. the US Dollar. European stocks maintain the positive performance on Monday. US inflation figures will drive the market sentiment this week. The Euro (EUR) loses its initial shine against the US Dollar (USD), dragging EUR/USD to the area of daily lows around 1.0670 at the beginning of the week. On the flip side, the Greenback leaves behind Friday’s pullback and resumes the upside to the boundaries of the key barrier of 106.00 the figure when tracked by the USD Index (DXY) on Monday. The so far uptick in the index comes on the back of a…

USD/JPY Analysis and ChartsUSD/JPY is close to 2022’s high of 151.94That in turn was a 30-year topStrong US consumer price numbers could see the Dollar smash through this againLearn How to Trade USD/JPY With our Complimentary Guide Recommended by David Cottle How to Trade USD/JPY The Japanese Yen was lower against the US Dollar in Europe and Asia on Monday with USD/JPY set for a fourth straight day of gains and, more pertinently, closing in on 2022’s thirty-year peaks.The Japanese unit has been battered all year by the Bank of Japan’s disinclination to join in the global round of interest-rate…

PBYI, BW and MDXH are among pre market gainers Source link