1. Home
  2. forex

Tag: forex

Market News
USD/JPY set to advance nicely towards the 117.00 level – Credit Suisse

USD/JPY set to advance nicely towards the 117.00 level – Credit Suisse

USD/JPY continues a fundamental base and the current consolidation section appears to be coming to an end. This would be demonstrated above 114.70/92, with the subsequent foremost resistance then considered at 117.00/01, analysts at Credit…

Lifestyle
EUR/CHF set to rebound from the key 1.0510/00 support – Credit Suisse

EUR/CHF set to rebound from the key 1.0510/00 support – Credit Suisse

EUR/CHF is getting nearer to important guide degrees at 1.0510/03, which economists at Credit Suisse anticipate to hold. Then, the pair must set up between 1.0510/03 and 1.0704/07. Risk of a draw back breakout to…

Market News
US Dollar Index turns negative after clinching new cycle highs past 96.00

US Dollar Index turns negative after clinching new cycle highs past 96.00

DXY advances previous 96.20 and clinches YTD highs. US yields shed some floor following before tops. Housing Starts, Building Permits, Fedspeak all subsequent in the docket. After hitting clean cycle tops close to 96.20 formerly…

Market News
EUR/JPY: Break above June peak of 134.12 to clear the way towards 2018 high at 137.51 – Commerzbank

EUR/JPY: Break above June peak of 134.12 to clear the way towards 2018 high at 137.51 – Commerzbank

EUR/JPY has bought off to the 2020-2021 uptrend at 129.47. The pair is predicted to leap from right here and bounce as excessive as the 2018 height of 137.51, Karen Jones, Team Head FICC Technical…

Market News
USD/ZAR: Sentiment around the South African rand challenged by stagflation dynamics – CIBC

USD/ZAR: Sentiment around the South African rand challenged by stagflation dynamics – CIBC

The USD/ZAR is headed towards a modest grasp over the subsequent quarters in accordance to analysts at CIBC. They forecast USD/ZAR at 15.45 throughout the fourth quarter and at 15.75 through the first quarter of…

Market News
US Consumer Confidence: Inflation is weighing on the minds of consumer – Wells Fargo

US Consumer Confidence: Inflation is weighing on the minds of consumer – Wells Fargo

Data launched on Friday confirmed an sudden decline in the Consumer Sentiment Index measured with the aid of the University of Michigan in November to the lowest degree in ten years. Sentiment has been shaken…

Market News
USD/JPY: Extended easy BoJ monetary policy suggests weaker yen ahead – CIBC

USD/JPY: Extended easy BoJ monetary policy suggests weaker yen ahead – CIBC

Analysts at CIBC forecast the USD/JPY pair may want to proceed to upward push at some point of the subsequent months at a gradual pace. They see the pair at 114 in the course of…

Market News
Gold Price Analysis: XAU/USD dip to $1850 bought as Fedspeak eyed

Gold Price Analysis: XAU/USD dip to $1850 bought as Fedspeak eyed

Spot gold is returned to flat on the day round $1860, having located precise demand when it dipped to $1850. Friday’s US purchaser and JOLTs job openings records supported the valuable metal. Attention now turns…

Market News
AUD/USD renews multi-day low near 0.7280 amid sluggish markets

AUD/USD renews multi-day low near 0.7280 amid sluggish markets

AUD/USD prints four-day south-run to check the lowest tiers considering that October 07. DXY grinds greater round 16-month pinnacle amid constant yields. Mildly bid inventory futures, hopes of Asia-Pacific rebound and doubts over Evergrande prevent…

Market News
EUR/USD: To remain range-bound over the coming year – Goldman Sachs

EUR/USD: To remain range-bound over the coming year – Goldman Sachs

In the view of the analysts at Goldman Sachs, EUR/USD is set to continue to be in a acquainted vary between 1.1600-1.1800 over the coming year. Key quotes “We now forecast that EUR/USD will stay…