Brokers Analysis

USDCAD bears could remain in control

USDCAD eases below 1.3700; could attract new sellers in short-term. Next support could emerge within 1.3600-1.3622 territory. US S&P Global PMIs, Canadian retail sales on the agenda

XM Group | 326天前

The yen is falling again: the devaluation scenario remains the main one

The Japanese yen is weakening against the US dollar again. The USD/JPY pair is rising to 158.97. The currency pair is now again close to the levels when the Bank of Japan and the country's authorities conducted currency interventions.

RoboForex | 326天前

Dollar headed for third weekly gains as stock rally cools

Dollar stands tall after SNB cut and BoE’s dovish hold. Yen enters intervention zone as Japan’s underlying inflation falls. Euro slips on weak PMIs, US PMIs next in focus. Nasdaq tumbles as Nvidia hit by profit taking ahead of triple witching.

XM Group | 326天前

EBC Daily Snapshot Jun 21, 2024

The dollar rose to an eight-week high above 159 yen on Friday as the Fed's patient rate-cut stance contrasted with more dovish global positions.

EBC Financial Group | 326天前

Crypto didn't dare to grow

Expert market comment made by senior analyst Alex Kuptsikevich of the FxPro Analyst Team: Crypto didn't dare to grow

FxPro | 326天前

USD/JPY Soars to Just Under 159, Risks BOJ Intervention

The Dollar soared to 158.90 Japanese Yen from 158.00 yesterday, boosted by higher US bond yields. It was the sixth straight rally for the Greenback against the Japanese currency.

ACY Securities | 326天前

EBC Markets Briefing | Sterling extends rally against Swiss franc after policy decisions

Sterling aimed for a third gain against the Swiss franc on Friday due to BOE and SNB policy divergence, but a sour market mood capped it.

EBC Financial Group | 326天前

Insights from the Bank of England's June 2024 Statement

Yesterday (20/06/2024 – 9PM Sydney Time), the Bank of England have paused the rates as expected and anticipated by the market Monetary Policy Committee (MPC) convened to deliberate on the current state of the economy and the appropriate course of monetary policy.

ACY Securities | 326天前

Japanese Yen Hammers by Soft CPI

The Japanese Yen has traded to its weakest level since April., the disappointing Japan National Core Inflation rate has further weakened the Yen

PU Prime | 326天前

Daily Global Market Update

The British Pound fell 0.4% against the US dollar, while Bitcoin rose 0.2%. Oil prices increased on lower US stockpiles, and AUD/USD dipped slightly. Japan's economic data and Europe's finance meeting are on tap today.

Moneta Markets | 326天前

Forex Market Report - 21st June 2024

Our forex market report offers an overview of critical economic and financial events that impact the global forex markets. Traders should closely monitor developments to fine-tune their trading strategies accordingly.

DNA Markets | 326天前

Retail Sales Slowdown and Political Risks Impacting USD and EUR Markets

Yesterday, the US stock market hit a new record high, largely thanks to tech giant Nvidia becoming the world's largest company by market cap. This highlights the pivotal role of technology in the US market. However, despite this high point, recent retail sales data suggest that the US economy may be slowing down, with signs that consumers are starting to cut back on spending. (Sourced from LINK).

ACY Securities | 326天前