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Month: June 2023

Cryptocurrencies

Will the BoE Appear Hawkish Enough to Push the Pound Higher?

With the Bank of England (BoE) dropping calls that the UK is facing its longest recession since records began, investors are hoping, or even demanding, of more aggressive action. With that in mind, Thursday’s monetary Read more…

By , 2 years ago June 19, 2023
Cryptocurrencies

Will the BoE Appear Hawkish Enough to Push the Pound Higher?

With the Bank of England (BoE) dropping calls that the UK is facing its longest recession since records began, investors are hoping, or even demanding, of more aggressive action. With that in mind, Thursday’s monetary Read more…

By , 2 years ago June 19, 2023
Cryptocurrencies

USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 140.47; (P) 141.19; (R1) 142.54; More… USD/JPY’s rally is still in progress. Intraday bias remains on the upside for 61.8% retracement of 151.93 to 127.20 at 142.48 next. Sustained break there will Read more…

By , 2 years ago June 19, 2023
Cryptocurrencies

USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 140.47; (P) 141.19; (R1) 142.54; More… USD/JPY’s rally is still in progress. Intraday bias remains on the upside for 61.8% retracement of 151.93 to 127.20 at 142.48 next. Sustained break there will Read more…

By , 2 years ago June 19, 2023
Cryptocurrencies

EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.0916; (P) 1.0944; (R1) 1.0969; More… A temporary top is in place at 1.0969 with current retreat and intraday bias in EUR/USD is turned neutral first. Some consolidations could be seen. But Read more…

By , 2 years ago June 19, 2023
Cryptocurrencies

ECB Schnabel: We need to err on the side of doing too much

ECB Executive Board member Isabel Schnabel stressed the necessity of maintaining a proactive approach to monetary policy amid persistent inflation risks. In a speech today, she noted that “risks to the inflation outlook are tilted Read more…

By , 2 years ago June 19, 2023
Cryptocurrencies

AUD/USD Technical Analysis

On the hourly chart of AUD/USD at FXOpen, the pair started a fresh increase above the 0.6830 resistance. The Aussie Dollar traded above the 0.6860 resistance before the bears appeared. The pair tested the 0.6900 Read more…

By , 2 years ago June 19, 2023
Cryptocurrencies

ECB Kazimir: We need to deliver another rate hike in July

ECB Governing Council member Peter Kazimir stressed today the necessity for continued monetary policy tightening to address prevailing inflationary pressures. he specifically highlighted the need for another rate hike in July to move further into Read more…

By , 2 years ago June 19, 2023
Cryptocurrencies

ECB Kazimir: We need to deliver another rate hike in July

ECB Governing Council member Peter Kazimir stressed today the necessity for continued monetary policy tightening to address prevailing inflationary pressures. he specifically highlighted the need for another rate hike in July to move further into Read more…

By , 2 years ago June 19, 2023
Cryptocurrencies

ECB Kazimir: We need to deliver another rate hike in July

ECB Governing Council member Peter Kazimir stressed today the necessity for continued monetary policy tightening to address prevailing inflationary pressures. he specifically highlighted the need for another rate hike in July to move further into Read more…

By , 2 years ago June 19, 2023

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