Author: FX
Alivus Q1 FY27 slides: margins hit 36.6% as non-GPL surges Source link
The BOE kept rates unchanged despite a split vote, and the reasoning behind that split shows how central banks weigh war-driven energy shocks against inflation targets. Source link
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading and seek advice from an independent financial or tax advisor if you have any questions. Advisory warning: investingLive is not an investment advisor, investingLive provides references and…
The USD/JPY pair is seen building on the previous day’s late recovery from sub-158.00 levels, or the lowest since May 14, and gaining positive traction during the Asian session on Friday. Spot prices climb back above the 160.50 level amid the emergence of some US Dollar (USD) buying and some repositioning trade ahead of the highly anticipated Bank of Japan (BoJ) rate decision.From a technical perspective, strength beyond the 160.00 psychological mark and the 38.2% Fibonacci retracement level of the sharp corrective pullback from a four-decade peak backs the case for further intraday gains. However, the 14-period Relative Strength Index…
Earnings Call Insights: Columbus McKinnon (CMCO) Q1 fiscal 2027 Management View “We are off to a strong start in fiscal 2027.” (President, CEO & Director David Wilson) “Pro forma sales grew 10%, with broad-based growth across all platforms.” (President, CEO & Director Wilson) “Underlying demand signals, particularly in the U.S., support the durabilitySeeking Alpha’s Disclaimer: This article was automatically generated by an AI tool based on content available on the Seeking Alpha website, and has not been curated or reviewed by humans. Due to inherent limitations in using AI-based tools, the accuracy, completeness, or timeliness of such articles cannot be…
USD/CAD is testing support after MACD flipped into negative territory. Is this the start of a deeper correction or a potential bear trap? Source link
investingLive Americas FX news wrap 30 Jul USDJPY moves sharply lower on speculation of intervention. !”#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz !”#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz Source link
The dollar sank across the board Thursday as suspected Bank of Japan intervention hammered the yen, while a chip stock rebound lifted equities ahead of Friday’s BOJ decision. Source link
Here is what you need to know for Friday, July 31:The US Dollar (USD) falls sharply during the American session on Thursday after United States economic growth missed expectations and underlying inflation moderated. Additional pressure comes from a sudden surge in the Japanese Yen (JPY), which fuels speculation that Japanese authorities intervened in the foreign exchange market.The US Dollar Index (DXY) declined around 0.8% and trades near 100.00, falling below the psychological 100.00 level. Preliminary US Gross Domestic Product expanded at an annualized rate of 1.5% in the second quarter, below the 2.1% market forecast. Core Personal Consumption Expenditures inflation…
BOE Bailey is back on the wires saying:Disinflation is proceeding slowly.Labour market is weakening gradually.Markets are pricing and potential interest rate increasesWhile a low hire rate, economy is contributing to unemploymentThe BOE Rate unchanged today with a vote of 6-3. In his press conference, Bank of England Governor Andrew Bailey struck a cautious tone after the BoE left interest rates unchanged. While he acknowledged that higher energy prices could eventually create inflationary “second-round effects,” he emphasized there is little evidence that those pressures have become embedded in wages or broader pricing so far.Bailey said the UK economy remains subdued, the…