US inflation data came in hotter than expected, pressuring the Federal Reserve to potentially raise interest rates and causing the US Dollar to rise against the Euro as the Eurozone faces economic uncertainties.
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USDJPY currency pair can be expected to rise further toward the next resistance level 160.00, target price for the completion of the active impulse sequence (C).
The importance of technical analysis in investing cannot be overstated; it is a cornerstone of stock research.
Amidst the persistent depreciation of the Japanese yen against the US dollar, pressure mounts on Japanese policymakers to translate their verbal assurances into tangible actions.
Solana cryptocurrency can be expected to fall further toward the next support level 130.00, target price for the completion of the active impulse wave (i).
Mixed US economic data and Fed rate hike uncertainty are causing volatility in the EUR/USD pair, while the Eurozone and gold prices add another layer of complexity.
EURCHF currency pair can be expected to rise further toward the next major resistance level 0.9840, which stopped the pervious waves C and B, as can be seen below.
Australia’s CPI surge hints at prolonged tight monetary policy. Watch the Aussie dollar as US economic data looms.
Amidst the evolving landscape of global economics, Japan’s monetary policy stands as a testament to adaptability and strategic foresight. The Bank of Japan (BoJ) has embarked on a nuanced approach to maintain stability while navigating the complexities of a changing financial environment.
Amidst a backdrop of pervasive pessimism regarding Germany’s economic outlook, the DAX 40 Index (Germany 40 Mini at FXOpen) has emerged as a beacon of resilience and strength in the European financial landscape.
Chinese insurer China Pacific Insurance has emerged as a standout performer amidst the recent flurry of activity in the Asia Pacific markets, capturing the attention of investors and traders alike.
In the aftermath of Israel’s retaliatory strikes in Iran, the currency markets have entered a phase of heightened volatility, reflecting the intricate interplay between geopolitical tensions and economic fundamentals.
Interactive Brokers has expanded its suite of investment options for Japanese clients with the addition of CFDs on US stocks.
Recent developments in the currency markets depict contrasting trajectories for the US dollar (USD) and the British pound (GBP). While the USD continues its upward trend, bolstered by a series of positive performances, the GBP finds its footing amidst a backdrop of mixed economic indicators.
The US dollar continues its upward trajectory, buoyed by robust retail sales figures and shifting expectations around Federal Reserve rate cuts.
Quor customers’ will be able to accelerate their adoption while rapidly expanding into new automation opportunities within the platform.
The USD/JPY exchange rate has been steadily climbing towards the significant milestone of 155 yen per US dollar, a level not seen since 1990.
KCx, Kepler Cheuvreux’s execution division, has partnered with trading technology firm Adaptive Financial Consulting to create a new event-driven trading system based on Aeron and its own Hydra technology.
Today, the XAU/USD gold chart shows a historic milestone as the price of the precious metal surpasses USD 2,400 per ounce.
