The EURJPY has seen up-and-down price action this week, but the most recent move has been to the upside and in doing so, has the pair retesting a key swing area ceiling between 157.90 and 158.046.Should the price move above that level it would take the pair to the...
AUDUSD sellers in control. Find out why in this technical video analysis.
The AUDUSD sellers are near lows for August and also below a key swing area on the daily chart going back to September 2022. That puts the sellers in firm control. What might tilt the short term bias back to the upside today? Conversely, what would increase the...
Hong Kong’s Hang Seng index to open down -0.6% at 19,125
Hong Kong sent saying an index is expected open down -0.6% at 19,125 points.Looking at some of the other indices:China's Shanghai index is expected open down -0.1% at 3242.21Japan's Nikkei 225 is trading up 0.14%Australia's ASX200 is trading down -0.07%The US E-mini...
[속보] 보이스 피싱 이것 때문에..이제부터~은행통장 1개라도 있다면.. 이렇게 싹~바뀝니다!! ]#3.1경제독립tv
https://www.youtube.com/watch?v=YnriZCFbfPA [속보] 보이스 피싱 이것 때문에..이제부터~은행통장 1개라도 있다면.. 이렇게 싹~바뀝니다!! ]#3.1경제독립tv 나에게 힘이되는 "돈되는 복지정보"!! 최신 "재테크 소식"을 가장 빠르고, 정확하게 받고 싶다면 3.1경제독립tv" "좋아요", "구독", "알림설정" 부탁드리겠습니다! 감사합니다...
PBOC sets yuan midpoint at 7.1576/dollar vs last close of 7.2114
The Reuters estimate for the yuan midpoint was 7.2023, but the actual midpoint has been set lower at 7.1576/dollar. That compares to the last close at 7.2114. Yesterday there was a similar spread between the estimated midpoint and the actual midpoint set by the...
China’s PBOC expected to set Yuan midpoint at 7.2023 per dollar: Reuters estimate
Yesterday the midpoint was expected at 7.2198 per dollar. The actual was a lot lower at 7.1588. People's Bank of China USD/CNY reference rate is due around 0115 GMT.The People's Bank of China (PBOC), China's central bank, is responsible for setting the daily midpoint...
China’s commerce ministry: Gravely concerned about US issuing order on foreign investment
China's Commerce Ministry on US issuing order on foreign investment reviews: China is gravely concerned about this and reserves the right to take measures to disrupt the security of the global industrial chain.Hopes that the United States will respect laws of market...
Japan’s Nikkei 225 opens down -0.58% at 32015.96
> Japan's Nikkei 225 opens down -0.58% at 32015.96 Seoul Kospi is down -0.49%. ASX200 is flat <!--> --> <!--> Japan's Nikkei 225 is opening down -0.58% at 32015.96Seoul's Kospi is opening down -0.49%Australia's ASX200 is flat. ADVERTISEMENT -...
Japan foreign bond investment 438.8 billion versus 211.7 billion last week
> Japan foreign bond investment 438.8 billion versus 211.7 billion last week Japan foreign bond and stock investments <!--> --> <!--> Japan foreign bond investment for 3.8 billion versus 211.7 billion last weekJapan foreign investment Japanese stocks...
Japan PPI for July 0.1% versus 0.2% expected
The Japan PPI data for July – a.k.a. goods price index, or the price firms charge each other for products – is showing:Japan PPI YoY is the lowest since April 2021Prior month -0.2%PPI MoM 0.1% versus 0.2% expected. PPI YoY 3.6% versus 3.5% expected. Prior month 4.1%...
The buyers & sellers are battling it out from different viewpoints in GBPUSD. What next?
As the clock ticks toward the key US CPI report tomorrow, the GBPUSD bias is a bit more bearish in the short term as the price has trended more to the downside over the last few weeks of trading, but it is more bullish technically by looking at the daily chart. So...
UK RICS housing survey for July -53 versus -50 estimate
> UK RICS housing survey for July -53 versus -50 estimate UK RICS housing survey for July 2023 <!--> --> <!--> Prior month -46 revised 2-48RICs housing survey for July -53 versus -50 estimate. This is the lowest since April 2009Agreed sales balance...
It is time to get ready for the US CPI. What levels are key for the EURUSD?
If you are serious about trading, key economic releases like the US CPI data provide an opportunity after the fact. They provide a more risky opportunity before the fact. Risk focuses traders will therefore look at the price action and tools applied to that price...
The key economic releases and events for August 10, 2023
> The key economic releases and events for August 10, 2023 <!--> --> <!--> --> GBP (7:01pm)RICS House Price Balance: Expected -50%, Actual -46%JPY (7:50pm)PPI y/y: Expected 3.5%, Actual 4.1%AUD (9:00pm)MI Inflation Expectations: Actual 5.2%EUR...
US CPI preview: It’s all about +0.3%
US core CPIThe highlight of the trading week is undoubtedly Thursday's US CPI report. Earlier today I wrote about what's expected for the July US CPI report but that's not the same as trading it.The short version is that on both core and headline, the consensus is...
Biden administration restricts some US investment in Chinese technology
AI imageThe Biden administration unveiled an executive order to regulate US investment in a narrow set of technologies in China, according to a Reuters report.The order will focus on semiconductors, quantum computing and certain artificial intelligence. The White...
Dip buyers lost the battle in the US equity market today
Closing changes:S&P 500 -07%DJIA -0.5%Nasdaq Comp -1.1% Russell 2000 -0.9%Toronto TSX Comp +0.4%The bulls bought the dip twice today but jitters ahead of tomorrow's CPI report won out and stocks finished just above the midday lows.SPX intradayMore broadly, there...
Forexlive Americas FX news wrap 9 Aug: One more day to the key US CPI data
It was a quiet day in North American forex trading. The major currencies vs the USD are all within 0.24% of the closing levels from yesterday. The EUR is ending the day at the strongest of the majors. The JPY is ending as the weakest. However, relatively speaking the...
USDJPY ticks to a new high and moves away from a key swing area in the process
The USDJPY is ticking to a new high and is up for the 3rd consecutive day. In the process, the price is extending above a key swing area between 143.44 to 143.54. That area will now be a close risk level for traders going forward. Stay above is more bullish. Move...
WTI crude oil futures break above ceiling area today
WTI crude oil breaks above ceiling areaThe price of WTI crude oil futures broke higher today, and in the process, moved above a key swing area ceiling between $82.43 and $83.44 (see red numbered circles). That ceiling was started way back in November 2022. The high...