USD/JPY Mid-Day Outlook – Action Forex
[ad_1] Daily Pivots: (S1) 146.84; (P) 147.33; (R1) 147.79; More… Range trading continues in USD/JPY and intraday bias stays neutral.…
Category: Currency Analysis
US PMI surge suggests Fed may need to tighten rather than ease
[ad_1] US flash PMI survey showed the sharpest manufacturing rebound in over three years, as the index jumped from 49.8…
EUR/USD Mid-Day Outlook – Action Forex
[ad_1] Daily Pivots: (S1) 1.1623; (P) 1.1649; (R1) 1.1675; More… EUR/USD is still bounded in consolidations in tight range below…
Fed’s Bostic sticks to view of one cut this year
[ad_1] Atlanta Fed President Raphael Bostic reiterated that his outlook for monetary policy remains centered on just one rate cut…
US initial jobless claims rise to 235k vs exp 227k
[ad_1] US initial jobless claims rose 11k to 235k in the week ending August 16, above expectation of 227k. Four-week…
Surprise from Flash PMI in Eurozone Allow Euro to Continue Its Fight
[ad_1] According to preliminary PMI estimates, the Eurozone industry moved from contraction to growth in August for the first time…
EUR/JPY Daily Outlook – Action Forex
[ad_1] Daily Pivots: (S1) 171.05; (P) 171.68; (R1) 172.24; More… EUR/JPY recovered ahead of 170.94 support and intraday bias stays…
EUR/AUD Daily Outlook – Action Forex
[ad_1] Daily Pivots: (S1) 1.8036; (P) 1.8094; (R1) 1.8166; More… Intraday bias in EUR/AUD remains on the upside as rise…
EUR/GBP Daily Outlook – Action Forex
[ad_1] Daily Pivots: (S1) 0.8623; (P) 0.8645; (R1) 0.8682; More… EUR/GBP’s break of 0.8652 resistance suggests that corrective pattern from…
AUD and CAD Under Pressure: Markets Await Signals from Powell and the Fed
[ad_1] Commodity currencies, particularly the Australian and Canadian dollars, remain under pressure ahead of the Jackson Hole Symposium, as investors…