Hot US PPI Lifts Dollar, Puts Brake on Big September Cut Calls
[ad_1] Dollar regained its footing in early US trade after much stronger-than-expected July PPI figures sharply reduced expectations for aggressive…
Category: Currency Analysis
EUR/USD Mid-Day Outlook – Action Forex
[ad_1] Daily Pivots: (S1) 1.1673; (P) 1.1701; (R1) 1.1734; More… Intraday bias in EUR/USD is turned neutral again with current…
Trump’s Pressure Mounts. Fed Cornered. Will Dollar Weaken Further?
[ad_1] US CPI for July in line with expectations – headline +0.2% m/m, core +0.3% m/m; annual rates at 2.7%…
GBP/JPY Rally Falters Near 200.00
[ad_1] GBP/JPY stalls weekly rally near 200 level on Bessent’s BoJ criticism. Long-term range intact; more sellers waiting below 20-day…
EUR/AUD Daily Outlook – Action Forex
[ad_1] Daily Pivots: (S1) 1.7855; (P) 1.7887; (R1) 1.7912; More… Intraday bias in EUR/AUD remains neutral as sideway trading continues.…
EUR/JPY Daily Outlook – Action Forex
[ad_1] Daily Pivots: (S1) 172.16; (P) 172.59; (R1) 172.94; More… EUR/JPY’s steep decline and strong break of 171.53 support suggests…
EUR/GBP Daily Outlook – Action Forex
[ad_1] Daily Pivots: (S1) 0.8607; (P) 0.8631; (R1) 0.8643; More… Immediate focus is now on 38.2% retracement of 0.8354 to…
Fed’s Daly: No case for 50bps urgent cut, dismisses ‘catch-up’ argument
[ad_1] San Francisco Fed President Mary Daly pushed back against the idea of a 50bps rate cut at the September…
Eurozone industrial production falls -1.3% mom in June, broad weakness across sectors
[ad_1] Eurozone industrial production fell sharply by -1.3% mom in June, missing expectations of a -0.8% mom drop. The breakdown…
Technicals turn bullish on GBP/AUD after UK GDP
[ad_1] Sterling’s broad-based rally resumed today following stronger-than-expected Q2 GDP data, with gains seen across most counterparts except Yen. While…