AUD Second Quarter Increase | Xtreamforex
AUD Second Quarter Increase | Xtreamforex In the second quarter of 2022 Australian inflation data has increased to 6.1%, but below the agreed expectations relaxing the fear of a surprising 75bp rate increase when the RBA has a meeting next week. CPI rose by 1.8% Quarter On Quarter(QoQ) and 6.1% Year On Year(YoY). This was […]
Upcoming Market Updates : EUR, GBP
Upcoming Market Updates : EUR, GBP EUR: German info Business Climate, It’s a leading indicator of economic health – businesses react quickly to market conditions, and changes in their sentiment can be an early signal of future economic activity such as spending, hiring, and investment. GBP: CBI Industrial Order Expectations, It’s a leading indicator of […]
Upcoming Market Updates : AUD, CAD, GBP, EUR, USD
Upcoming Market Updates : AUD, CAD, GBP, EUR, USD AUD: RBA Gov Lowe Speaks, As head of the central bank, which controls short term interest rates, he has more influence over the nation’s currency value than any other person. Traders scrutinize his public engagements as they are often used to drop subtle clues regarding future […]
Dollar Index Looks Unstoppable now
[vc_row full_width=”stretch_row”][vc_column][vc_column_text] Dollar Index Looks Unstoppable now On Friday afternoon the new highs rose to 107.6, on the start of European trading session it went 107.45. Since Oct 2002 this was the highest rate and the index added around 20% to its 2021 low. This is a positive secondary effect for the US(strengthening of dollar), […]
USD/JPY oversteps 137.00 as odds of further divergence in Fed-BOJ policy escalate
USD/JPY oversteps 137.00 as odds of further divergence in Fed-BOJ policy escalate JPY: Core Machinery Orders m/m, it measures change in the total value of new private-sector purchase orders placed with manufacturers for machines, excluding ships and utilities. JPY: M2 Money Stock y/y, it measures change in the total quantity of domestic currency in […]
UK Inflation Remains at Multi-Decade Highs, GBP/USD Nudges Higher
UK Inflation Remains at Multi-Decade Highs, GBP/USD Nudges Higher NZD: Trade Balance, it measures difference in value between imported and exported goods during the reported month. JPY: Monetary Policy Meeting Minutes, It’s a detailed record of the BOJ Policy Board’s meeting, providing in-depth insights into the economic conditions that influenced their decision on where to […]
As Fears Grow, Stocks Rally. Maintain the shakiness of Wall Street
As Fears Grow, Stocks Rally. Maintain the shakiness of Wall Street Stocks in the United States rose on Tuesday as Treasury yields fell, but Wall Street remained shaky as investors awaited more clarity on interest rates, inflation, and the economy’s trajectory. After reversing a morning loss of 1%, the S&P 500 rose 39.25 points, or […]
With an eye on the US NFP, the XAU/USD is approaching the $1,875 mark
With an eye on the US NFP, the XAU/USD is approaching the $1,875 mark The gold price (XAU/USD) is swinging around $1,870, following an upswing to reclaim a one-month high during Friday’s early Asian session, as the NFP-related caution saps enthusiasm. The recent mixed stories about China, as well as resurgence in US Treasury yields, […]
Ahead of job news, global stock markets climb, but US rates fall
Ahead of job news, global stock markets climb, but US rates fall On Thursday, global equity markets climbed, while US yields fell, as lower-than-expected private payrolls data raised optimism that the American economy was slowing and that the Federal Reserve may be convinced to change its hawkish attitude on interest rates and inflation. The ADP […]
Stocks in the US are up for the second day in a row
Stocks in the US are up for the second day in a row Strong retailer numbers mixed with investor bargain-hunting to generate a second straight bullish session on Wall Street on Thursday. Following Wednesday’s positive day, major indices continued to rise, achieving a rare back-to-back gain in 2022. Aside from the positive retailer results, initiatives […]
Boeing’s shares level will decrease and Air Force One result in a $1.2 billion loss
Boeing’s shares level will decrease and Air Force One result in a $1.2 billion loss Boeing’s stock plummeted after the company disclosed a $1.2-billion loss in the most recent quarter, owing to one-time charges related to its Russia business, the Air Force One presidential flight, and the new 777X airliner. Boeing shares finished 7.5 percent lower […]
EUR/JPY Price Prediction: Bulls need to break through the 200-EMA to move higher; 130.30 is the target
EUR/JPY Price Prediction: Bulls need to break through the 200-EMA to move higher; 130.30 is the target Despite the bearish opening gap on Monday, the EUR/JPY has been following the primary component of Dow Theory by remaining above Friday’s low of 128.73. The cross continues to form the higher high and higher low structure, but […]
Gold is near a two-month low due to a stronger dollar & the possibility of a rate hike in U.S.A
Gold is near a two-month low due to a stronger dollar & the possibility of a rate hike in U.S.A In Asia on Thursday morning, gold was down, hitting a two-month low. The yellow metal’s demand was harmed by a rising dollar and the prospect of a rate hike in the United States weakened […]
AB Volvo profits soar, while supply chain woes wreak havoc on truck orders
AB Volvo profits soar, while supply chain woes wreak havoc on truck orders AB Volvo, a Swedish truck manufacturer, announced an unexpected increase in first-quarter core earnings on Friday, despite a stressed supply chain that limited its ability to fulfil order books. Daimler Truck and Traton’s rival said it expects component supplies to remain unpredictable, […]
EUR/USD Reach Historical Levels | Xtreamforex
EUR/USD Reach Historical Levels | Xtreamforex EUR/USD has recovered its foothold in the early European session on Thursday and progressed to its most elevated level in seven days close 1.0900. The specialized standpoint recommends that the bullish predisposition stays in one piece in the close to term and extra gains could be seen in the […]
Dollar Up, but Below Previous Day’s High, Ahead of Finance Ministers’ Gathering
Dollar Up, but Below Previous Day’s High, Ahead of Finance Ministers’ Gathering NZD: Consumer Price Index (CPI), Consumer prices account for a majority of overall inflation. Inflation is important to currency valuation because rising prices lead the central bank to raise interest rates out of respect for their inflation containment mandate. Forecast 2.0%. EUR: Final […]
EUR/USD Forecast: Euro on the brink of renewing multi-year lows
EUR/USD Forecast: Euro on the brink of renewing multi-year lows XAUUSD Price stays helpless before the price activity in the US dollar and the Treasury yields, kindness of the forceful Fed’s tightening assumptions. In the interim, the shortfall of the primary level US monetary information leaves the consideration on the Fed analysis and rising worries […]
USD/CAD/NZD Holds Firm as Dollar Strengthens and Yields Rise Key Insights
USD/CAD/NZD Holds Firm as Dollar Strengthens and Yields Rise Key Insights NZD: Business NZ Services Index, Survey of purchasing managers which asks respondents to rate the relative level of business conditions including employment, production, new orders, prices, supplier deliveries, and inventories AUD: Monetary Policy Meeting Minutes, t’s a detailed record of the RBA Reserve Bank […]