Analysis

China down EURUSD down to 1.06

Manufacturing PMIs in China came in weaker than expected and in contraction territory, generating a risk-off wave yesterday (as well expecting for today) and helping the greenback stay in demand. Given the ongoing hawkish repricing of Fed expectations, the US dollar can remain supported for a bit longer.

ACY Securities | 707 days ago

Interest rate expectations remain volatile

Asian markets up despite EU, US declines. China's positive PMI and debt deal boost sentiment. Fed policymakers support no rate increase. Eurozone CPI falls. ECB divided on rate hikes. UK money supply, lending data, BoE panel offer insights. PMI unchanged. Bond yields fall. Sterling strengthens.

Moneta Markets | 707 days ago

Crypto: correction in progress

Expert market comment from senior analyst Alex Kuptsikevich of the FxPro Analyst Team: Crypto: correction in progress

FxPro | 707 days ago

Better-than-expected European data failed to stop the euro’s decline

Expert market comment from senior analyst Alex Kuptsikevich of the FxPro Analyst Team: Better-than-expected European data failed to stop the euro’s decline

FxPro | 708 days ago

Australian Inflation Soars - RBA Under Pressure to Keep Hiking! AUDUSD Technical Analysis

In this insightful video, Nathan delves into the recent Australian Inflation Data and its surprising rise to 6.8 percent annually, defying expectations.

ACY Securities | 708 days ago

GBPUSD Forex Analysis - Downtrend Continuation From 1.2448 Monthly Resistance

Join Senior Market Strategist & Trading Mentor Duncan Cooper as he watches price levels on the GBPUSD daily, 4-hour, and 15-minutes charts.

ACY Securities | 708 days ago

AUDJPY, AUDUSD, EURGBP, EURJPY, EURUSD, GBPJPY, GBPUSD, NZDJPY, NZDUSD, USDCAD, USDCHF, USDJPY, USD Index, Gold, & S&P 500

Watch the video for the key trading levels for AUDJPY, AUDUSD, EURGBP, EURJPY, EURUSD, GBPJPY, GBPUSD, NZDJPY, NZDUSD, USDCAD, USDCHF, USDJPY, USD Index, Gold, and S&P 500.

ACY Securities | 708 days ago

Yen Lifts After Japan Inc Rhetoric, DXY Holds 10-Week Highs

The Dollar rocketed to a six-month high against the Yen to 140.93 before retreating swiftly after Japanese officials said they will closely watch currency markets moves and respond “appropriately as needed.” The USD/JPY pair tumbled to 139.80 in late New York trade.

ACY Securities | 708 days ago

What’s next after tentative debt limit agreement?

Following about a month of negotiations after the approval of a debt limit bill by the Republican majority in the House of Representatives on April 26th, President Joe Biden and House Speaker Kevin McCarthy revealed on Saturday evening their achievement of a preliminary compromise agreement.

ACY Securities | 708 days ago

Markets Steady Ahead of Final Push on the Debt Deal

After a long weekend in many parts of the world, FX markets are returning to mull progress on a US debt ceiling deal.

ACY Securities | 708 days ago

UK business confidence slips in May

Asian equity markets down on weak China PMI. Concerns over US Fed rate hike. Business confidence falls but still above start of year. Eurozone inflation data watched. Sparse US data, JOLTs survey and Beige Book released. BoE's Catherine Mann may argue for larger rate increase. US Treasury and UK gilt yields fell, US dollar strengthens.

Moneta Markets | 708 days ago

The dollar is overbought and vulnerable to a pullback

Expert market comment from senior analyst Alex Kuptsikevich of the FxPro Analyst Team: The dollar is overbought and vulnerable to a pullback

FxPro | 709 days ago

US debt limit accord reached, still to be voted on

Asian session cautious despite US debt ceiling deal. UK interest rate concerns rise. Sparse UK data. Global focus on inflation. Eurozone data awaited. China's PMI signals growth slowdown. US, UK return after holiday. Pound stable. 10-year Treasury yields fall, 2-year yields stable.

Moneta Markets | 709 days ago