EUR/USD: Likely to trade towards 1.0815 – UOB Group
The Euro (EUR) is likely to trade with a downward bias. Tentative buildup in momentum suggests downside risk; any further decline in EUR is unlikely to break clearly below 1.0815,…
Read More »UK July flash services PMI 52.4 vs 52.5 expected
Services PMI 52.4 vs. 52.5 expected and 52.1 prior. Manufacturing PMI 51.8 vs. 51.1 expected and 50.9 prior. Composite PMI 52.7 vs. 52.6 expected and 52.3 prior. Key Findings: Flash…
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Japan Jibun Bank Manufacturing PMI came in at 49.2 below forecasts (50.5) in July
Japan Jibun Bank Manufacturing PMI came in at 49.2 below forecasts (50.5) in July
Read More »Alphabet’s Earnings Preview: Steady growth and a focus on its AI story
Alphabet, Google’s parent company, is scheduled to report second quarter earnings on 23 July 2024 after US markets close. Here’s a breakdown of what to expect and watch for.
Read More »EUR/JPY remains well offered near one-month low, holds above 170.00 mark
The EUR/JPY cross trades with a negative bias for the third successive day on Tuesday, albeit manages to hold above the 170.00 psychological mark, or a nearly one-month low touched…
Read More »EUR/USD hovers near key support of 1.0870 ahead of US data-packed week
The EUR/USD pair trades close to near immediate support of 1.0870 in Monday’s American session.
Read More »VP Harris speaking at WH: Biden’s legacy of accomplishment is unmatched in modern history
Biden is feeling better Legacy of Biden accomplishment is unmatched in modern history Meanwhile, billionaire Michael Bloomberg is putting support behind the Dems and says: Democrats now have a chance…
Read More »Japanese Yen Strengthens: Market Speculates over FX Intervention
Yen surges against USD amid speculation of more Japanese intervention. Explore the factors driving this sudden shift and its implications for forex traders
Read More »The JPY is the strongest and the AUD is the weakest as the NA session begins
The JPY is the strongest and the AUD is the weakest as the NA session begins. The USD is mixed after the weekend news of the Pres. Biden stepping down…
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