Author: FX
EUR/USD 1.0900 (EUR4.29bn), 1.1000 (EUR2.17bn), 1.0950 (EUR2bn)USD/JPY 133.00 (USD1.32bn), 131.00 (USD1.17bn)USD/CAD 1.3600 (USD1.37bn), 1.3555 (USD311mn)GBP/USD 1.2500 (GBP844.8mn)AUD/USD 0.6700 (AUD559.1mn), 0.6760 (AUD422.5mn)NZD/USD 0.6215 (NZD310mn)EUR/GBP 0.8800 (EUR465mn), 0.8805 (EUR370.2mn)For more information on how to use this data, you may refer to this post here. Source link
Share: USD/CHF holds lower grounds after refreshing multi-day bottom. Downside break of two-month-old ascending trend line, bearish MACD signals favor sellers. Oversold RSI highlights August 2021 low as nearby key support, 61.8% FE lures bears. Buyers remain away unless the quote stays below 0.9180. USD/CHF bears take a breather at the lowest levels since August 2021, making rounds to 0.9050 during early Wednesday. The Swiss Franc (CHF) pair refreshed the multi-day low and portrayed a three-day downtrend earlier in Asia while justifying the previous day’s break of the key ascending support line from early February, now immediate resistance…
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S&P 500 OUTLOOK:S&P 500 falls as sentiment sours following disappointing U.S. economic dataA labor market report showed that job openings in February fell to their lowest level since May 2021, a sign that hiring is starting to slow down meaningfullyFrom a technical perspective, losses could accelerate if the equity index fails to clear trendline resistance at 4,140 in short order Recommended by Diego Colman Get Your Free Equities Forecast Most Read: US Dollar Breaks Below Key Fib Support as Yields Sink, DXY at Risk of More LossesThe S&P 500 retreated on Tuesday and dropped 0.58% to 4,100, ending a four-session…
© Reuters. FILE PHOTO: The United Nations logo is seen at the 2019 United Nations Climate Action Summit at U.N. headquarters in New York, U.S., September 23, 2019. REUTERS/Lucas Jackson By Michelle Nichols and Charlotte Greenfield UNITED NATIONS/KABUL (Reuters) -The United Nations “received word of an order” by the Taliban authorities banning Afghan women from working for the world body in Afghanistan, U.N. spokesman Stephane Dujarric told reporters in New York on Tuesday. Dujarric said this was the latest in a “disturbing trend” undermining the ability of aid organizations to work in Afghanistan where some 23 million people -…
USDJPY pulled below the 200 hour moving averageThe price is back down and extending to a new session low at 131.63. The low of the swing area between 131.551 and 131.84 is within sellers view. A break below that level gives the sellers more comfort. For the buyers, it raises the concern that the sellers are assuming more control (and they are offsides).. Source link
Share: Factory Orders in the US declined more than expected in February. US Dollar Index stays in negative territory below 102.00. The data published by the US Census Bureau revealed on Tuesday that new orders for manufactured goods, Factory Orders, decreased $3.9 billion, or by 0.7%, in February to $536.4 billion. This print followed January’s decline of 2.1% and came in worse than the market expectation for a decrease of 0.5%. “New orders for manufactured durable goods in February, down three of the last four months, decreased $2.7 billion or 1.0 percent to $268.4 billion, unchanged from the previously published decrease,”…
Oil prices had been pressured by renewed concerns over the global growth outlook, and with Russian supply still finding its way to global markets, it seems OPEC+ saw a sufficient supply overhang to take steps. The alliance yesterday announced a larger cut in production targets. The move pushed prices higher, which will further depress the global growth and demand outlook. With inflation expectations revised up, gold also got a boost. Increased demand for biofuel will also impact agricultural commodity prices going forward. Oil prices had struggled in recent weeks, as supply remained ample and demand expectations were capped by a sluggish…
Gold Price (XAU/USD), Chart, and AnalysisGold eyes a re-test of $2,000/oz.A bullish pennant formation, if held, suggests higher prices. Recommended by Nick Cawley How to Trade Gold Risk market sentiment and US interest rate probabilities, both strong drivers of gold of late, are little changed so far today, leaving the precious metal stuck in a tight trading range. Market’s continue to pare back fears of a further banking crisis, while the probability for one more 25 basis point US interest rate hike is finely balanced. Financial markets also face a shortened trading week with liquidity expected to drain as we…
Hutchmed starts registration phase for cancer trials after talks with Chinese regulator Source link