The mortgage-backed securities market is facing new challenges. New TBA futures aim to help market participants manage MBS exposure. Mortgage rates in the United States have soared in 2022, helping to cool housing demand from Read more…
McDonald’s’ latest limited-time offer, tied to a popular returning Netflix show, nods to a Burger King menu staple. French food and fast food don’t really go together, at least in the American sense of what Read more…
The USDJPY remains at the front foot and rose to one-week high on Wednesday, but bulls face headwinds at 134.40 zone and pulled back after failing to break through barriers provided by daily Tenkan-sen / Read more…
GBPJPY reversed from support level 159.60 Likely to rise to resistance level 162.95 GBPJPY currency pair recently reversed up from the powerful support level 159.60 (previous monthly low from October), coinciding with the lower daily Read more…
AUDJPY broke round resistance level 90.00 Likely to rise to resistance level 92.00 AUDJPY continues to rise inside the minor correction 4, which previously broke the round resistance level 90.00 intersecting with the 38.2% Fibonacci Read more…
NZDUSD is climbing again after the recent pullback deflected off the 200-day simple moving average (SMA). The price is currently attempting to pierce above its 20-day SMA just beneath the 0.6350 mark, while to the Read more…
The dollar index is in directionless near-term mode and trading within a narrowing, triangular range, but overall picture remains bearish. Daily studies are in full bearish mode, weekly chart shows strengthening bearish momentum, but moving Read more…
Big tech heavyweights could power the market’s elusive ‘Santa Claus’ rally as traders look for support to close out a brutal year for U.S. stocks. U.S. stocks edged higher Wednesday, while Treasury bond yields eased Read more…
Daily Pivots: (S1) 132.90; (P) 133.25; (R1) 133.86; More… Intraday bias in USD/JPY stays mildly on the upside at this point. Rebound from 130.55 short term bottom would extend to 38.2% retracement of 151.93 to Read more…
Daily Pivots: (S1) 0.9265; (P) 0.9298; (R1) 0.9327; More… Intraday bias in USD/CHF stays neutral, and further decline is in favor with 0.9378 resistance intact. On the downside, break of 0.9214 will resume the fall Read more…