The EUR/JPY can be depreciated towards a minimum of five weeks in 169.72. The 14 -day RSI remains below 50, indicating a predominant bearish bias. The 9 -day EMA in 171.17 can act as the initial barrier. The EUR/JPY tries to stop its two -day loss streak, quoting around 170.20 during the European hours on […]
Esterlina pound remains stable while investors wait for the BOE
The sterling pound remains stable, while investors change their approach to the BOE interest rates decision on Thursday. Investors expect the BOE to reduce interest rates at 25 basic points up to 4%. Operators have now completely incorporated a Fed interest rate cut in September. The sterling pound (GBP) is negotiated in general flat against […]
DXY dollar index: limited in rank in the day – OCBC
The US dollar (USD) quoted moderately during the night while markets expect data and Fed statements this week. The DXY was for the last time at 99.01, the FX analysts of OCCBC, Frances Cheung and Christopher Wong point out. A certain consolidation in the interin is expected “The weak labor market report has already made […]
EUR/GBP extends losses below 0.8700 waiting for the BOE announcement
The euro slides down while the pound bounces from minimums for the monetary policy decision of this week. The Bank of England is expected to cut interest rates at 25 basic points up to 4%. In the Eurozone, the PMI of Final Hcob services of July has been reviewed to the decline to 51.0 since […]
Forex today: markets are waiting for US medium -level data
This is what you need to know for Operate Tuesday, August 5: After the wild fluctuations observed towards the end of the previous week, the markets stabilized on Monday. The main currency pairs are quoted in relatively adjusted ranges early on Tuesday while investors expect the next catalyst. Later in the day, the US will […]
Preview of the ISM Services PMI: The US services sector is expected to expand in July
It is expected that the US ISM Services PMIs improve slightly in July. The US services sector is expected to remain within the expansion territory. Investors continue to favor approximately two feat cuts of the Fed this year. On Tuesday, the Institute for Supply Management (ISM) will publish its Julio Services PMI, and analysts expect […]
Spain: the PMI index of services rises to 55.1 in July, improving the expected 52.5
He HCOB index of commercial activity of the Spanish services sector increased 3.2 points in Julyrising to 55.1 From the 51.9 registered in June, improving for the second consecutive month and reaching Its highest level since February. The indicator also exceeded the 52.5 points expected by the market. According to the statement of the Hamburg […]
NZD/USD falls further below 0.5900 while the US dollar is recovering from minimums
The New Zealand dollar moves down on Monday, while the US dollar recovers from the minimums. China’s optimistic data data failed to support NZD. The US services figures and New Zealand employment data are in the Center for Care Hoy The New Zealand dollar has ignored the positive data of China Services Activity previously published […]
Spain: Industrial production grew by 2.3% annually in June, registering its fourth consecutive month of increases
The Spanish industrial production increased by 2.3% annual in June After growing 1.7% in May, as published by the National Statistics Institute (INE). He Indicator records its fourth consecutive increase after starting the year with falls in January and February. By sectors, all recorded positive rates. Energy presented the highest annual rate with a +7.5% […]
Dow Jones futures go up by the Fed feature potential, waiting for US PMI data.
Dow Jones are appreciated due to the growing probability that the Fed will make an interest rate cut in September. The operators monitor Trump’s actions regarding the nomination of a replacement for the governor of the Fed, Adriana Kugler. Palantir rose more than 4%, while HEMS & Hers Health collapsed approximately 13% in extended operations. […]