USD/JPY Rate Forecast: Test of August High on Tap
USD/JPY may continue to appreciate over the coming days as the exchange rate looks poised to test the monthly high (135.58).
AUD/USD Falls After July Jobs Report
AUD/USD fell after a dissapointing jobs report. Australia lost 40.9k jobs in July, missing expectations and falling sharply from June when 88.4k jobs were added.
Crude Oil Price Halts Three Day Selloff as US Crude Inventories Contract
Data prints coming out of the US appear to be propping up the price of oil as the 7.056M decline in crude inventories instill an improved outlook for consumption.
Bitcoin Prices May Fall in APAC Trading as Australian Jobs Data Nears
Bitcoin prices may continue falling in APAC trading on souring market sentiment. Australian jobs data for may impact an ailing Aussie Dollar, with analysts expecting 25k jobs added for July.
S&P 500, Dow Jones and Nasdaq 100 Finished Lower Following FOMC Minutes
The S&P 500 pulled back today, and the Nasdaq continued a pullback after finding resistance yesterday.
US Dollar Forecast: DXY Index, USD/JPY Slip After July FOMC Minutes
The July FOMC minutes didn’t reveal anything new for market participants.
Germany 40 IG Client Sentiment: Our data shows traders are now net-long Germany 40 for the first time since Jul 29, 2022 when Germany 40 traded near 13,541.40.
Traders are further net-long than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger Germany 40-bearish contrarian trading bias.
Australian Dollar Technical Analysis: AUD/JPY, AUD/USD Rates Outlook
AUD/JPY rates and AUD/USD rates are telling different stories.
Gold Price Short-term Technical Outlook: Gold Rally Rejected at Resistance
Gold prices plunged more than 2% this week with XAU/USD turning sharply from downtrend resistance. The levels that matter on the XAU/USD short-term technical charts.
Silver Price Forecast: Pullback Dictated by US Real Yields – Levels for XAG/USD
Silver prices have abruptly reversed.