Following recent attempts by the USD/JPY pair to reach the 1 2.25 resistance level, the USD sell-off against other major currencies continued in a big way ahead of the US holiday. The share of...
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3 Minutes
3 Minutes
NZD/USD: Bullish Trajectory Gathers as U.S Fed Clears Path
The GBP/USD exchange rate returned above the psychological resistance level of 1.20 for the first time since August in short trade on Wednesday. The U.S. dollar extended losses after data showed major U.S. manufacturing...
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2 Minutes
USD INDEX WOBBLES AROUND 106.80, LOOKS AT DATA, FEDSPEAK
The index is trading in a tight range near 106.80. USA reverses and now slides back into the red zone. CB leading index, residential data is the next note of the NA session. Greenback...
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2 Minutes
USD/CAD TUMBLES BELOW 1.3700 AS THE US DOLLAR GETS BATTERED
USD/CAD falls as Japanese authorities confirm intervention and sell US dollars. San Francisco Fed Mary Daly said more tightening is needed to push interest rates lower. Canadian retail sales in August exceeded expectations, in...
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2 Minutes
S&P 500 Forecast: October 2022
Fading rallies will continue to be the path forward, with an eye on getting down to the 3500 level eventually. The S&P 500 has seen a lot of volatility for the month of September, and October...
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1 Minute
Wall Street ends the week at half mast in the face of interest rate pressure
The New York Stock Exchange ended the week at half mast, faced with the tension of bond rates, the rise of the dollar and that of oil prices. According to final results, the Dow...
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0 Minutes
The seasonals were right: July on track to be best month since 2020. What about August?
S&P 500 futures are pointing to another 0.7% gain at the open after Amazon surged 12% premarket after earnings and Apple rose 2.6%. The latest round of earnings has been some comfort to markets...
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1 Minute
USD/MXN: Fed jest ważny, ale cena ropy naftowej jest kluczowa
Kurs USD/MXN zbliża się do ważnych poziomów wsparcia, na które czeka amerykański bank centralny, ale czynnikiem krytycznym mogą być względy dotyczące ceny ropy naftowej WTI. W chwili pisania tego tekstu para USD/MXN zbliża się do poziomu...
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3 Minutes
Dollar keeps steady in the new week
The dollar was weaker initially at the start of last week but found a footing with a bit more of a push and pull feel as markets are able to now fully switch their...
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