Singapore Dollar: Range-bound consolidation outlook against US Dollar – Commerzbank
Commerzbank’s Charlie Lay and Dr. Henry Hao note that USD/SGD has eased from 1.2800 to around 1.2700 as the softer US Dollar (USD) and global risk sentiment dominate.
Read More »Preview – Australia’s July CPI set to ease to 3.2-3.3pct as trimmed mean holds near 3.5pct
Before I start …. the big developing news, if true: Russian media report says there is an Iran-US deal On with the preview! A soft headline print carries limited market…
Read More »Morning Kickstart: USD mixed as ranges remain tight. Stocks higher. Oil and yields lower.
The US dollar is mixed and little changed to start the new trading day. USDJPY is the largest mover, rising just 0.13%. The dollar is weaker against the AUD and…
Read More »Australian Dollar: RBA risks and carry support – BBH
Brown Brothers Harriman’s (BBH) Elias Haddad notes the Australian Dollar (AUD) largely ignored the Reserve Bank of Australia’s (RBA) August Minutes, which reiterated Governor Michele Bullock’s warning that another rate…
Read More »India Gold price today: Gold falls, according to FXStreet data
Gold prices fell in India on Tuesday, according to data compiled by FXStreet.
Read More »Asian equites shunted lower at opening, South Korea and Japan both down
South Korea’s Kospi is already setting up for a trading halt. The ‘sidecar’ will kcik in to pause propgram trading for 5 minutes if the index drops 5%. This article…
Read More »What are the main events for today?
EUROPEAN SESSION In the European session, we don’t have anything on the agenda today, with markets likely consolidating or extending the trends started with the Treasury buyback. The most important…
Read More »PBOC is expected to set the USD/CNY reference rate at 6.7248 – Reuters estimate
Earlier: Goldman flags China stimulus risk as growth slips further below target — The People’s Bank of China is due to set the daily USD/CNY reference rate at around 0115…
Read More »Is Bitcoin at $77k preparing for another breakout? This BTCUSD analysis shows a a potential bull flag pointing to $84K-$86K
Bitcoin price analysis: What would activate the potential bull flag toward $84K-$86K? Bitcoin is trading near $77,100 inside a mildly downward-sloping 1-hour regression channel. The structure resembles a bull flag…
Read More »Bitcoin on-chain signals flip bullish, but huge unrealized losses could cap gains
Bitcoin (BTC) is showing early signs of a potential shift in market conditions, with key on-chain signals flipping bullish.
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