Joshua

The dollar remains firm in the market after the latest data from the US. The yen is under pressure from rising bond yields. USD/JPY biased up testing last week’s highs ahead of NFP. The USD/JPY rose to 134.59, hitting the highest level since December 12 and remains close to that level ahead of the US […]

The euro without reaction to the inflation data of the Eurozone. The US employment report is coming with non-farm payrolls. Inflation confirms slowdown, US employment report is coming. EUR/USD under bearish pressure in area of ​​lows in four weeks EUR/USD extended the pullback and fell to 1.0496, the lowest level since December 8. The pair […]

According to economist Lee Sue Ann and market strategist Quek Ser Leang, of UOB Group, the pair GBP/USD could accelerate its losses to the 1.1850 area in the short term. 24 hour perspective: “The sharp fall in the pound has been a surprise (we expected it to trade in a range). The sharp and rapid […]

This is what you need to know to trade today friday january 6: Supported by encouraging US jobs data, the dollar outperformed its rivals on Thursday, with the dollar index rising to its highest level in three weeks above 105.00. As of early Friday, markets are relatively quiet as attention turns to Eurozone inflation and […]

Retail sales in Germany fell 5.9% yoy in November versus -2.5% expected. The monthly indicator grew 1.1% month-on-month against the estimated 1.0%. German retail sales rose 1.1%m/m in November, versus 1.0% expected, improving on -2.8% previously, official figures published by Destatis showed on Friday. In annualized terms, sales retailers they fell 5.9% in November, compared […]

Seems EUR/USD likely to fall further and could retest 1.0450 and 1.0410 levels in the coming weekssuggest economist Lee Sue Ann and market strategist Quek Ser Leang of UOB Group. 24 hour perspective: “Our expectations for the EUR to move within a range were wrong, as it fell sharply and closed at a 1-month low […]

US economic data strengthened the dollar against the pound sterling. Fed spokesmen remain concerned about inflation, with some expecting rates to be around 5% in 2024. GBP/USD traders are watching US Nonfarm Payrolls data for December. The pair GBP/USD It plummets from 1.2078, daily highs, towards the 1.1915 zone, due to the general strength of […]

Things to watch out for on Friday, January 6: The US dollar rose early on Thursday, supported by echoes of a hawkish Fed stance. The dollar gained momentum before the opening of Wall Street, after the publication of the figures of American jobs. The US ADP report showed layoffs fell to 43,651 in December from […]

USD/CHF rises steadily, buoyed by US economic data and speculation of further Fed tightening. The USD/CHF pair bounced around the upper trend line of a falling wedge that became support around 0.9250. A daily close above 0.9366 could lead USD/CHF to rally towards 0.9400 and beyond. The USD/CHF It erases Wednesday’s losses and rises over […]

WTI pares part of the 9% losses recorded during the week and recovers the $73.00 level. Recessionary fears sparked by weak PMI readings in China and the US dampened investors’ appetite for oil. WTI Price Analysis: Bearish bias while held below $82.00. The Western Texas Intermediate (WTI), Benchmark US crude oil bounces around one-month lows […]