Category: Forex News

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USD/CAD, USD/JPY, and AUD/USD; Major Tech Levels Identified

USD/CAD, USD/JPY, and AUD/USD; Major Tech Levels Identified

USD/CAD TECHNICAL ANALYSISBetween mid-July and early September, USD/CAD embarked on a robust uptrend, but the pair encountered resistance near the psy [...]
Our data shows traders are now at their most net-long EUR/CHF since Sep 05 when EUR/CHF traded near 0.95.

Our data shows traders are now at their most net-long EUR/CHF since Sep 05 when EUR/CHF traded near 0.95.

Number of traders net-short has decreased by 18.42% from last week.SYMBOLTRADING BIASNET-LONG%NET-SHORT%CHANGE IN LONGSCHANGE IN SHORTSCHANGE IN OIEU [...]
Mining Slowdown Weighs on Rand

Mining Slowdown Weighs on Rand

RAND TALKING POINTS & ANALYSISSA mining data , US PPI, retail sales and jobless claims data pool together to limit rand upside.Michigan consumer [...]
Mining Slowdown Weighs on Rand

Mining Slowdown Weighs on Rand

RAND TALKING POINTS & ANALYSISSA mining data , US PPI, retail sales and jobless claims data pool together to limit rand upside.Michigan consumer [...]
US producer prices rise past estimates in August – Economies.com

US producer prices rise past estimates in August – Economies.com

US producer prices rise past estimates in August  Economies.com www.economies.com [...]
GBP/USD Hit by USD Strength, EUR/GBP Slips Lower

GBP/USD Hit by USD Strength, EUR/GBP Slips Lower

GBP/USD, EUR/GBP Analysis and ChartsCable falls to a three-month on renewed US dollar buying.EUR/GBP slides despite the ECB hiking rates again.For a [...]
GBP/USD Hit by USD Strength, EUR/GBP Slips Lower

GBP/USD Hit by USD Strength, EUR/GBP Slips Lower

GBP/USD, EUR/GBP Analysis and ChartsCable falls to a three-month on renewed US dollar buying.EUR/GBP slides despite the ECB hiking rates again.For al [...]
Our data shows traders are now net-short FTSE 100 for the first time since Aug 10, 2023 when FTSE 100 traded near 7,592.80.

Our data shows traders are now net-short FTSE 100 for the first time since Aug 10, 2023 when FTSE 100 traded near 7,592.80.

Number of traders net-short has increased by 40.38% from last week.SYMBOLTRADING BIASNET-LONG%NET-SHORT%CHANGE IN LONGSCHANGE IN SHORTSCHANGE IN OIFT [...]
Best Crypto To Buy This Month – Cryptos Under 1 Cent – FX Leaders

Best Crypto To Buy This Month – Cryptos Under 1 Cent – FX Leaders

Best Crypto To Buy This Month - Cryptos Under 1 Cent  FX Leaders www.fxleaders.com [...]
ECB Hikes by 25 bps, Hints Rates Have Peaked

ECB Hikes by 25 bps, Hints Rates Have Peaked

ECB Hikes by 25-bps, Hints at Reaching Terminal RateThe ECB voted to raise all three interest rates, seeing the deposit facility up to 4%. The decisi [...]
ForexLive European FX news wrap: FX steady awaiting ECB, US data; China cuts RRR again

ForexLive European FX news wrap: FX steady awaiting ECB, US data; China cuts RRR again

Headlines:Markets:AUD leads, GBP lags on the dayEuropean equities slightly higher; S&P 500 futures up 0.4%US 10-year yields up 1.4 bps to 4.262%Go [...]
WTI, Brent Shrug Off US Inventories Surge as Oil Prices Hit Fresh 2023 Highs

WTI, Brent Shrug Off US Inventories Surge as Oil Prices Hit Fresh 2023 Highs

OIL PRICE FORECAST:Most Read: What is OPEC and What is Their Role in Global Markets?Oil prices continued their advance this morning helped by a weaker [...]
PBOC increases offshore yuan bills issuance to stabilize currency By Investing.com

PBOC increases offshore yuan bills issuance to stabilize currency By Investing.com

The People's Bank of China (PBOC) plans to issue a larger batch of offshore yuan bills in an effort to stabilize the weakening yuan, accordin [...]
Firm Trade Ahead of PPI, Retail Sales Reports

Firm Trade Ahead of PPI, Retail Sales Reports

Treasuries and Further Economic Reports U.S. Treasury yields remained largely unchanged as market participants pondered inflation’s trajectory after [...]
Dow Mixed but Nasdaq 100 and Nikkei Start to Show Renewed Bullish Momentum​​​​

Dow Mixed but Nasdaq 100 and Nikkei Start to Show Renewed Bullish Momentum​​​​

Article by IG Chief Market Analyst Chris BeauchampDow Jones, Nikkei 225, Nasdaq 100 Analysis and ChartsDow struggles to push higher​The index has spe [...]
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