by Bob Beckett | Jul 14, 2023 | Forex News
Discover what kind of forex trader you are Following a downside surprise in the recent US consumer price index (CPI) data, the release of US June producer prices overnight further reinforces the narrative of abating inflation risks, paving the way for Wall Street to...
by Bob Beckett | Jul 14, 2023 | Forex News
Australian Dollar, AUD/USD, RBA Governor, Michele Bullock, S&P ASX 200 – Talking PointsThe Australian Dollar dipped a fraction after the new RBA Governor was announcedMichele Bullock is seen as having an excellent central bank pedigreeRBA policy is likely to...
by Bob Beckett | Jul 13, 2023 | Forex News
of clients are net long. of clients are net short. Change in Longs Shorts OI Daily -11% 25% 8% Weekly -42% 113% 5% AUD/USD IG CLIENT SENTIMENT OUTLOOK – BULLISHIG client sentiment data shows 45.50% of traders are net-long AUD/USD, with the ratio of short to long...
by Bob Beckett | Jul 13, 2023 | Forex News
USD/JPY AND GBP/USD OUTLOOK:USD/JPY deepens its decline as U.S. Treasury rates extend their downward correctionSofter-than-expected U.S. CPI and PPI data weigh on bond yieldsMeanwhile, GBP/USD blasts higher, rising to its best levels since April 2022 Recommended by...
by Bob Beckett | Jul 13, 2023 | Forex News
CANADIAN DOLLAR PRICE, CHARTS AND ANALYSIS:The Loonie Looks on Course for Further Gains Against the Greenback as the Bank of Canada (BoC) as the DXY Slide Continues.BoC Governor Macklem Revealed Concerns Around the Pace at Which Inflation is Expected to Fall Moving...
by Bob Beckett | Jul 13, 2023 | Forex News
S&P 500, Nasdaq 100 News and Analysis Recommended by Richard Snow Analyst forecasts for equities in Q3 Inflation Confirmation Hits the US Dollar Hard, Lifting EquitiesThe May inflation print revealed the first time core inflation had dipped below the prior sticky...
