The AUD/USD pair rose to 0.6650 on Wednesday following the release of Australian economic data. Australia’s consumer price index (CPI) accelerated to 3.6% year-on-year in April, up from 3.5% in March. This slight increase in Read more…
USDJPY attempts to break above near-term narrow range and sustain gains after Tuesday’s marginal close above pivotal Fibo barrier at 157.01 (61.8% of 160.19/151.85 pullback), where attacks repeatedly failed last week. Technical signals are mixed Read more…
As shown by today’s GBP/JPY chart, the exchange rate has not only surpassed the psychological level of 200 yen per pound but has also exceeded the peak of 29 April 2024. The market is now Read more…
One should listen carefully to what Neel Kashkari is saying about interest-rate cuts, and, if you do, you may not be happy. The president of the Minneapolis Federal Reserve Bank was clear Tuesday that he Read more…
Check back for updates throughout the trading day U.S. equity futures moved lower Wednesday, while Treasury yields and the dollar spiked higher, as investors pulled stocks back from near-record highs amid concerns that faster inflation Read more…
Recent additional stimulus measures from China, a reduction in elevated net long positioning from large futures speculators & an uptick in geopolitical risk premium may support higher oil prices. Watch the key medium-term support of Read more…
Using Apple’s RoomPlan Controller for HomeKit has added a map view for Apple Home to its app. | Image: Controller for HomeKit Controller for HomeKit, a third-party app for controlling your Apple Home smart home, Read more…
Market picture The crypto market added 1.3% in 24 hours to $2.58 trillion. This is roughly the area where trading has been centred for the last week, despite attempts by speculators to rock the market. Read more…
EUR/USD started a downside correction from the 1.0890 resistance. USD/CHF is rising and might aim a move toward the 0.9155 resistance. Important Takeaways for EUR/USD and USD/CHF Analysis Today The Euro struggled to clear the Read more…
Cable firmed in early Wednesday’s trading after hitting nine-week high on Tuesday (1.2800), but subsequently pulling back on unexpectedly strong rise in US consumer confidence in May, which temporarily inflated dollar. Broken Fibo barrier at Read more…