- Search Energy EXCH
-
News and Analysis
Started Sep 5, 2023|Broker Discussion|10 replies
The below disclaimer applies to all posts on this thread by FOREX.com The information on this ...
-
EUR/USD might break its recent downtrend
Started Nov 15, 2022|Trading Discussion|0 replies
{image}Despite a softer PPI report, the EUR/USD has arrived inside a resistance range between ...
- Submitted Aug 31, 2022|From forex.com

Fed Chairman Powell’s speech at the Jackson Hole Symposium last week was hawkish. His speech seemed to reinforce what many in the markets had been discussing, that the economy will likely require restrictive policy for some time. In addition, he ...
- Submitted Aug 28, 2022|From forex.com|1 comment

EUR/USD chart: EUR/USD rose to a 5-day high on Friday, with its rally stopping just shy of the 161.8% Fibonacci projection. Yet the sharp reversal saw the day close with a large bearish Pinbar on the daily chart, which marks a potential swing high ...
- Submitted Aug 16, 2022|From forex.com|2 comments

Over the past few days we have seen a host of data from China miss the mark and revive fears of a global slowdown. New bank loans in July were less than a quarter seen in June with job concerns, a property crisis and rise in COVID cases saw ...
- Submitted Jul 13, 2022|From cityindex.com|1 comment

The conditions for a higher USD/JPY have been perfect. US inflation continues to rise above expectations (and at an alarming rate), whilst the Fed’s 50 and forthcoming 75-bp hikes are doing little to dent it. But we also have the BOJ fixated on an ...
-
EUR/JPY pushes lower
Started Jul 7, 2022|Interactive Trading|0 replies
Eurozone and US PMI data fell to its lowest levels since June 2020 and August 2020 ...
- Submitted Jun 5, 2022|From forex.com

Traders were long the US dollar by $14.1 billion, which is -$3.3 billion lower than the prior week. • Traders increased net-short exposure to AUD futures for a fourth consecutive week and were their most bearish on the currency in 9-weeks. • The ...
- Submitted May 30, 2022|From forex.com

Weak industrial data for Japan, hawkish comments from the Fed’s Waller and increased appetite for risk has seen the yen weaken in today’s Asian session. Industrial output fell -1.3% in April compared with -0.2% expected. It didn’t come as a huge ...
- Submitted May 25, 2022|From forex.com

Rising interests take have taken a chunk out of demand. And that’s no surprise with the average 30-year mortgage rate in the US quickly rising to 5.51% - its highest level of compounded debt since 2008. Whilst these rates are not high by historical ...
- Submitted May 22, 2022|From forex.com|1 comment

Net-short exposure to Swiss franc futures were at their most bearish level in over 6-months, as of Tuesday last week. Gross shorts were at a 17-week high, although gross longs have been ticking higher in recent weeks. And we think we know why. The ...
- Submitted May 16, 2022|From forex.com

The fall in gold has been accompanied with net-long exposure to gold futures falling for four consecutive weeks. Gross shorts among large speculators have risen to their most bearish level since late February and gross longs to their least bullish ...
- Submitted May 10, 2022|From forex.com

US inflation is expected to fall from a whopping 8.5% y/y to a (still very high) 8.1%. On the monthly basis the consensus is for a 0.2% gain compared with 1.2% previously. If this is the case, it’s likely we’ll see a slurry of ‘inflation has peaked’ ...
- Submitted May 9, 2022|From forex.com|7 comments

Asian equity markets tracked Wall Street lower overnight as the week kicked off with a risk-off tone. The well-telegraphed series of 50-bps hikes leaves investors concerned that the Fed are chasing inflation and may fail to stimmy it. And with ...