Australia CPI jumps to 2.8%, highest in a year, rules out September RBA cut
[ad_1] Australia’s monthly CPI spiked to 2.8% yoy in July, well above expectations of 2.3% yoy and up sharply from…
Category: Currency Analysis
French Politics Weighs on Euro, But Selling Fails to Gain Momentum
[ad_1] Currency markets stayed quiet overall, even though French politics briefly unsettled sentiment. French stocks dropped sharply as Prime Minister…
EUR/USD Mid-Day Outlook – Action Forex
[ad_1] Daily Pivots: (S1) 1.1572; (P) 1.1650; (R1) 1.1697; More… EUR/USD is holding above 1.1582 support despite current retreat. Intraday…
GBP/USD Mid-Day Outlook – Action Forex
[ad_1] Daily Pivots: (S1) 1.3422; (P) 1.3478; (R1) 1.3510; More… Intraday bias in GBP/USD remains neutral as sideway trading continues.…
USD/JPY Mid-Day Outlook – Action Forex
[ad_1] Daily Pivots: (S1) 147.06; (P) 147.50; (R1) 148.19; More… Range trading continues in USD/JPY and intraday bias remains neutral.…
USD/CHF Mid-Day Outlook – Action Forex
[ad_1] Daily Pivots: (S1) 0.8019; (P) 0.8045; (R1) 0.8084; More…. Intraday bias in in USD/CHF stays neutral at this point.…
WTI Oil Retreats From Near Three-Week Highs as Pessimism Grows Around Russia/Ukraine Deal
[ad_1] Oil prices dropped by over 1% after they had risen by almost 2% on Monday to start the week…
What’s driving the US Dollar after Powell’s Friday remarks? Dollar Index (DXY) outlook
[ad_1] The US Dollar has been in a weird trading zone since the contradicting NFP report from the beginning of…
US consumer confidence edges up to 97.4, inflation expectations rise to 6.2%
[ad_1] U.S. Conference Board Consumer Confidence rose slightly in August, edging up to 97.4 from 97.2, beating expectations of 96.3.…
Sunset Market Commentary
[ad_1] Markets One day after calling a no-confidence vote (September 8) in his government, the dies for French PM Bayrou…