Australian Dollar Retreats from August Highs
[ad_1] This week, forex traders’ attention is firmly on the AUD/USD market following key news releases from Australia: → Tuesday:…
Category: Currency Analysis
Bitcoin Hit New Highs But Then Dropped Back Down
[ad_1] Market Overview The crypto market cap rose to $4.20 trillion on Thursday morning before dropping back down somewhat to…
USD/JPY Technical: Further Potential Drop Towards Ascending Range Support
[ad_1] The emergence of the Japanese yen’s strength has materialized as expected that saw the USD/JPY recording a week-to-date drop…
US PPI surges 0.9% mom in July, undermining case for aggressive Fed easing
[ad_1] US producer prices surged in July, with final demand PPI jumping 0.9% mom, far exceeding expectations of a 0.2%…
US initial jobless claims fall to 224k vs exp 227k
[ad_1] US initial jobless claims fell -3k to 224k in the week ending August 9, slightly below expectation of 227k.…
GBP/USD Mid-Day Outlook – Action Forex
[ad_1] Daily Pivots: (S1) 1.3518; (P) 1.3551; (R1) 1.3610; More… Intraday bias in GBP/USD is turned neutral first with current…
USD/CHF Mid-Day Outlook – Action Forex
[ad_1] Daily Pivots: (S1) 0.8028; (P) 0.8051; (R1) 0.8081; More…. USD/CHF is still bounded in range of 0.8020/8170 and intraday…
USD/JPY: Bearish Pressure Eases But Downside Still at Risk
[ad_1] USDJPY trends lower for the third consecutive day and accelerated losses on Thursday, hitting the lowest in three weeks.…
USD/JPY Mid-Day Outlook – Action Forex
[ad_1] Daily Pivots: (S1) 146.92; (P) 147.55; (R1) 148.00; More… USD/JPY recovered notably after dipping to 146.20 and intraday bias…
Sunset Market Commentary – Action Forex
[ad_1] Markets It’s back to the drawing board. July producer price inflation just killed this week’s market narrative. Tariff-induced inflation…