Explosion reported in Tel Aviv – cause is unclear – looks to be near US consulate
The US dollar has popped. But gold has dropped. Correlation is not necessarily causation. There is no other fresh news about. The reports are not on mainstream media, only social…
Read More »Euro (EUR/USD) Little Moved as ECB Leaves Rates Unchanged, September Meeting Now Key
The European Central Bank left policy rates unchanged earlier, inline with market expectations, with the September meeting, and updated staff projections, now key.
Read More »Microsoft’s Q4 Earnings Preview: Growth Momentum on Watch
Microsoft Corp is set to release its quarter four (Q4) financial results on 30 July 2024, after US market closes.
Read More »Some USD/JPY option expiries to be aware of for 10am NY time today
There are some option expiries to be aware of for 10am NY tome today (Thursday, 18 July 2024): 155.50-60 US$527mn 156.00 US$325 mn Those amounts are almost ‘drop in the…
Read More »Netflix’s Second Quarter 2024 Earnings Preview: The Fight to Stay on Top
Q2 Netflix earnings preview and share price analysis.
Read More »NZD/USD remains on the defensive below 0.6100 ahead of US Retail Sales data
The NZD/USD pair remains on the defensive near 0.6075 during the early Asian session on Monday.
Read More »US Dollar Slumps After Inflation Eases Further – Stocks, Gold, and Silver Rally
The US dollar fell sharply after the latest US CPI data showed inflation easing by more than forecast. US stocks and gold are rallying into the US open.
Read More »AUD/JPY Price Analysis: Pair drops to around 107.00, bearish outlook ahead
In Friday’s trading session, a downward turn was observed for the AUD/JPY pair as it dipped by 0.23% to reach 107.10.
Read More »Weekly Market Outlook (15-19 July)
UPCOMING EVENTS: Monday: New Zealand Services PMI, PBoC MLF, China Industrial Production and Retail Sales, Eurozone Industrial Production, BoC Business Outlook Survey, Fed Chair Powell. Tuesday: Eurozone ZEW, Canada CPI,…
Read More »Japanese Yen Analysis – USD/JPY Trims Losses; Official Intervention or Jawboning?
The Japanese Yen rallied sharply against the US dollar Thursday after weaker-than-expected US inflation data sent the greenback tumbling. Did the BoJ boost the Yen rally?
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