The USD/JPY currency pair rallied a bit Monday as the Japanese yen recovery has stalled. At this point, the ¥136 level is an area that a lot of people will pay attention to. If we were...
Read More
1 Minute
1 Minute
US economic data due on Tuesday are expected to all show lower than previous readings
The Federal Open Market Committee (FOMC) begins its 2-day meeting today, Tuesday 26 July 2022. Although the data releases in the US coming up today are all minor tier only, expectations for all of...
Read More
1 Minute
Gold Technical Analysis: Price of Gold is Trying to Climb
At the end of last week’s trading, the price of gold settled above the level of $1700 an ounce, and its gains extended to $1,740 an ounce, before closing the week’s trading stable around...
Read More
0 Minutes
SNB total sight deposits w.e. 22 July CHF 746.6 bn vs CHF 745.4 bn prior
Domestic sight deposits CHF 637.0 bn vs CHF 639.8 bn prior A slight increase in overall sight deposits but nothing that stands out too much. It fits with a bit more of a back...
Read More
1 Minute
Dollar-Euro parity may be justified, but the yen is too cheap
How to value currencies through economic theory Interest rates Imagine that you are an investor from Paris. You need to decide which bonds to buy: European or American. You are comparing the offered yield. A ten-year bond...
Read More
1 Minute
Experts expect Stoxx Europe 600 to decline by 9.1% in 2022
Moscow. 22 July. INTERFAX.RU – 16 analysts polled by Bloomberg are lowering their forecasts for the European stock market at the end of 2022 against the backdrop of the energy crisis in the region, as well...
Read More
1 Minute
AUD/USD Forecast: Aussie Continues to Flirt With 0.69
The US dollar has been the main currency known for a while, but the Aussie dollar has turned around to show signs of life. At this point, the AUD/USD currency pair looks as if it is trying...
Read More
1 Minute
Bad news is good news…to a point
It’s hard to say how much the latest price action in markets has been pricing in a soft landing but we got a hint today. The S&P 500 is down 1.1% and there’s a...
Read More
0 Minutes
ECB’S VILLEROY: THERE ARE NO LIMITS TO PURCHASES WITH TPI MECHANISM
European Central Bank (ECB) policymaker Francois Villeroy de Galhau speaks about the central bank’s new anti-fragmentation tool announced on Thursday. KEY QUOTES “There are no limits to purchases with TPI mechanism.” “ECB will be...
Read More
1 Minute
USD/JPY STALLS INTRADAY RECOVERY FROM WEEKLY LOW, FAILS JUST AHEAD OF 138.00 MARK
USD/JPY bounced off the 137.00 mark, or a one-and-half-week low touched earlier this Friday. The narrowing US-Japan bond yield differential, the caution mood benefitted the safe-haven JPY. The divergent Fed-BoJ policy stance supports prospects...
Read More