Analysis

EURUSD Forecast to hit 1.1200

EURUSD Forecast to hit 1.1200

Over the last week EUR/USD traded from 1.0912 to 1.1042. At present, the market is experiencing a summer lull due to the absence of significant data unveilings and a substantial number of market participants being away on vacation.
ACY Securities | 642日前
Muchado About US CPI

Muchado About US CPI

US inflation came in almost exactly to expectations. There was a great deal of headline fanfare about inflation being better than expected? These are surveys only and with significant margins of error.
ACY Securities | 642日前
UK GDP GREW BY MORE THAN EXPECTED IN JUNE

UK GDP GREW BY MORE THAN EXPECTED IN JUNE

Biden restricted US investments in Chinese tech sectors, impacting Chinese equities. Oil prices surged due to potential Australia strikes affecting global LNG exports. UK's RICS house price index dropped sharply. UK's economy grew 0.5% in June, with a rise in industrial and construction output. US July producer price data to shed light on inflation trends.
Moneta Markets | 642日前
Europe Expect Softer Inflation Pressures

Europe Expect Softer Inflation Pressures

The recent ECB consumer expectations survey has revealed a decrease in inflation outlooks. Projections for inflation three years ahead have softened from 2.5% to 2.3%, and those for the upcoming year have eased from 3.9% to 3.4% as of June.
ACY Securities | 643日前
US Dollar to Strength Even Further, Here is Why

US Dollar to Strength Even Further, Here is Why

In the context discussed earlier in this week, I noted that the US dollar could potentially strengthen further due to reduced market activity and lower volatility. Although the dollar did experience some strengthening, this was primarily driven by risk aversion rather than yield changes.
ACY Securities | 643日前
US CPI IN FOCUS

US CPI IN FOCUS

Biden restricted US investments in China's tech sectors, leading to a dip in Chinese equities. Potential strikes in Australia pushed oil prices near 2023 highs. UK's July housing demand was the weakest since 2009. Today's focus is on US CPI, predicting a rise to 3.3%y/y for July. UK's June and Q2 GDP data is set for release tomorrow, forecasting a 0.1%q/q increase for Q2.
Moneta Markets | 643日前
Chinese consumer price inflation falls below zero

Chinese consumer price inflation falls below zero

Asia-Pacific markets down amid global declines. China's July CPI below zero, urging growth measures. US Fed's Harker favors steady rates in September. Calm day ahead, markets await data impact on central banks. US Treasury yields drop on no autumn rate hike hopes. Currencies steady, sterling mixed.
Moneta Markets | 644日前