Author: FX
Spain inflation nudges higher in July as both headline and core prices push up !”#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz !”#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz Source link
United Overseas Bank’s (UOB) Quek Ser Leang and Lee Sue Ann highlight that EUR/USD briefly spiked to 1.1562 on the US CPI release before reversing to 1.1524. They now see further pullback risks contained within 1.1510–1.1545 intraday and judge that upward momentum has faded, with the pair likely to range-trade between 1.1480 and 1.1580 over the coming 1–3 weeks.Euro-Dollar momentum fades into consolidation”24-HOUR VIEW: After EUR traded in a quiet manner two days ago and closed largely unchanged at 1.1540, we highlighted the following yesterday: “The price action provides no fresh clues, and we continue to expect EUR to trade…
AbCellera Biologics prices oversubscribed $200M offering at $9.75/share Source link
Trend retracement traders huddle up! NZD/USD is closing in on a key support zone that could bring buyers back and keep the pair’s uptrend alive. Let’s take a closer look at the 4-hour chart! NZD/USD 4-hour Forex Chart Faster with TradingView The New Zealand dollar was the biggest loser against the dollar on Wednesday, sliding roughly 0.39% as the dollar staged a sharp intraday comeback. An in-line July CPI report briefly cooled Fed rate hike bets, but renewed uncertainty around the Strait of Hormuz standoff put a safe haven bid back under the greenback. Thursday brings another inflation test, with…
GBP/USD tests a key resistance as traders weigh U.K. inflation, Fed minutes, and shifting rate expectations ahead of Jackson Hole symposium. Source link
Recap: RBA’s Kent: policy is restrictive and working, but risks still skew higher !”#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz !”#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz Source link
The US Dollar Index (DXY), which tracks the Greenback against a basket of currencies, continues its struggle to build on the momentum beyond the 100.00 psychological mark and edges lower during the Asian session on Thursday. The index, however, remains confined in a nearly two-week-old range, awaiting a fresh catalyst before the next leg of a directional move.The US Consumer Price Index (CPI) report, released on Wednesday, showed that inflation continued to moderate in July. This comes on top of last Friday’s weak US Nonfarm Payrolls (NFP) report and forced traders to further reduce expectations for an immediate interest rate…
Oil confirmed the escalation lane and cleared Sunday’s ceiling, CPI landed in line, and Bitcoin broke its band floor. Re-scored lanes, rolled levels, and one new projection. Source link
XAG/USD is showing signs of renewed strength after rebounding sharply from its July lows and pushing back into the mid-60s. The recovery follows a prolonged decline and several weeks of basing. The key question is whether this improving price structure can attract enough follow-through to extend the rebound or whether sellers will step back in and force another pullback. Welcome to “TA Alert of the Day.” Each day after the market close, MarketMilk scans for popular technical indicator alerts. We use these alerts as the basis for a mini-lesson, breaking down what each alert means, why it matters, and how…
investingLive Americas FX news wrap 12 Aug: CPI as expected. USD reverses declines and closes higher !”#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz !”#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz Source link