USD/JPY little changed after the Japanese data
<p>USD/JPY caught a hug updraft after the US data on Friday. The NFP was strong all round and rekindled thoughts of further 75bp rate hikes ahead from the US Federal…
Read More »AUD/USD: Corrective pullback fades around 0.6900, Taiwan, US inflation in focus
AUD/USD struggles to extend the week-start gains as the Aussie traders flirt with the 0.6900 threshold amid a risk-off mood during Monday’s Asian sess
Read More »Market Update – August 5 – Slowdown clouds NFP
USDIndex dropped a handle and fell to 105.50 from an early high of 106.40. Yields dropped measurably even in the face of the BoE’s 50 bp rate hike, ongoing hawkish…
Read More »Colombia Consumer Price Index (MoM) above forecasts (0.59%) in July: Actual (0.81%)
Colombia Consumer Price Index (MoM) above forecasts (0.59%) in July: Actual (0.81%)
Read More »Bitcoin technical analysis & trade idea
<p>BTCUSD had a nice rally above 3% yesterday but volume is not strong and bitcoin can easily test the 20k mark or close to it. We aim for a short…
Read More »Events to Look Out for Next Week
A very fickle week is now over, with a pretty gloomy political and economical outlook. Recession angst had diverse, but unsurprising, market impacts. Worries over a meaningful downturn in growth…
Read More »Gold Price Outlook Mixed After Blowout NFP Report
Gold’s recent rally stalls as the latest NFP report tempers recession fears for now.
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Forexlive Americas FX news wrap: USD rises after strong jobs report but gains are tempered
<ul><li><a href="https://www.forexlive.com/news/us-stocks-close-mixed-with-the-dow-higher-the-sp-and-nasdaq-marginally-lower-20220805/">US stocks close mixed with the Dow higher. The S&P and NASDAQ marginally lower.</a></li><li><a href="https://www.forexlive.com/news/us-consumer-credit-rises-by-405b-vs-250b-estimate-20220805/">US consumer credit rises by $40.5B vs 25.0B estimate</a></li><li><a href="https://www.forexlive.com/news/oil-bounces-fades-as-questions-about-us-gasoline-demand-continue-20220805/">Oil bounces fades as questions about…
Read More »Australian Dollar Outlook: RBA and Trade Play Out in AUD
The Australian Dollar jumped around through the week, with an RBA rate hike and Fed speakers undermining it before trade data provided some support. Where to for AUD/USD?
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