Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does…
UPCOMING EVENTS: Monday: Japan on Holiday, Australia/Eurozone/UK/US Flash PMIs. Tuesday: Japan Flash PMI, RBA Policy Decision, German IFO, US Consumer Confidence. Wednesday: Australia Monthly CPI. Thursday: SNB Policy Decision, US Durable Goods Orders, US Q2 Final GDP, US Jobless Claims. Friday: Tokyo CPI, Canada GDP, US PCE. Monday Monday will be the Flash PMIs Day for many major economies…
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does…
In the morning video, I spoke about the 50% midpoint of the move up from the January 2023 low at 144.581. The price has been trading above and below that level over the last 1-2 months, but the run higher this week has returned back to the level, and that gives traders an option: Lean against the midpoint level…
Japan CFTC JPY NC Net Positions: ¥56.8K vs ¥55.8K
The AUDUSD moved up and tested a swing level near 0.6823 in the Asian and European session. The price then moved lower as stocks fell in the early US trading. However, as the price of the AUDUSD approached its rising 100 hour moving average at 0.6778, the buyers have returned, and stalled the fall. Why is that important? Recall…
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does…
USDJPY daily Morgan Stanley anticipates a series of 25bp cuts from the Federal Reserve through mid-2025 and recommends maintaining short positions on USD/JPY, targeting a move towards 138. Key Points: FOMC Rate Decision: The FOMC cut the federal funds rate by 50bp to 4.875%, reflecting ongoing progress on inflation and concerns regarding the labor market. Economic Projections Update: The…
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does…
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not invest money that you…
