Eurozone goods exports rose 10.2% yoy to EUR 252.0B in July. Goods imports rose 4.0% yoy to EUR 230.8B. Trade balance showed a EUR 21.2B surplus. Intra-Eurozone trade rose 4.3% yoy to EUR 221.0B. In Read more…
USDJPY dives below 140.70 key level Momentum oscillators continue downside pressure USDJPY has declined considerably towards a new 14-month low of 139.56 earlier today, continuing the significant sell-off. The price has been in a bearish Read more…
USDJPY fell to the lowest levels since July 2023 in early Monday trading as fresh acceleration lower broke pivotal supports at 140.77 (weekly cloud base) and 140.48/25 (Fibo 61.8% of 127.22/161.95 rally / Dec 28 Read more…
EUR/USD is showing signs of strengthening, currently trading around 1.1088 on Monday. The pair saw significant gains at the end of last week, driven by mounting speculation over the Federal Reserve’s upcoming interest rate decision. Read more…
New Zealand’s economic outlook has been notably downgraded by the New Zealand Institute of Economic Research (NZIER), with projections pointing to zero GDP growth for fiscal 2025, a stark revision from the previous forecast of Read more…
Gold posts bullish days Prices find support at 20-day SMA MACD and RSI in positive areas Gold prices are skyrocketing to another fresh all-time high today around 2,589.40 with the next major obstacle coming from Read more…
Despite today’s public holiday in Japan, yen buyers remain active. As shown on the USD/JPY chart, today’s candle low has dropped below the psychological level of 140 yen per dollar. The last time this exchange Read more…
EUR/USD recovered after the ECB rate decision last week, when ECB cut rates as expected. But pair still rebounded as there were no surprises with cuts, so the focus shifted away from the ECB towards Read more…
Markets (US) eco data on Friday were few and mostly second tier. US August import and export price data were softer than expected. The Michigan consumer confidence was slightly better than expected (69 from 67.9). Read more…
Daily Pivots: (S1) 184.03; (P) 185.13; (R1) 185.88; More… Intraday bias in GBP/JPY remains neutral for the moment, and outlook will stay cautiously bearish as long as 189.72 resistance holds. Below 183.70 will resume the Read more…