Asia FX gains as dollar dips ahead of US-China trade talks

Asia FX gains as dollar dips ahead of US-China trade talks
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Asia FX gains as dollar dips ahead of US-China trade talks
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US30 ↑ roughly 5% year-to-date, less than 2% away from ATH Trump tariff drama + US CPI + big bank earnings = volatility? JPMorgan & Goldman Sachs = almost 14% of US30 weight US30 forecasted to move ↑ 0.8% or ↓ 1.4% post CPI Technical levels: 45000, 44200 & 44000 A flurry of high-risk events…
James Cleverly has said he disagrees with his Conservative frontbench colleague Nick Timothy that public Muslim prayers are an act of domination, as another senior Tory called for the party to respect the right to worship. Kemi Badenoch has defended Timothy, the shadow justice secretary, after he posted images of mass prayer at a Ramadan…
The Volumetric Order Blocks Multi Timeframe indicator is a powerful tool designed for traders who seek deeper insights into market behavior by identifying key price areas where significant market participants accumulate orders. These areas, known as Volumetric Order Blocks, can serve as potential zones of support and resistance, providing an essential edge for informed trading…
The dollar’s share of global foreign exchange reserves in the third quarter reached its lowest level in almost 30 years. According to the International Monetary Fund (IMF), the indicator decreased by 0.85 percentage points, amounting to 57.4%. This is the lowest value since 1995, as there are no earlier statistics. The decrease in the dollar’s…
GBPUSD reversed from support level 1.2495 Likely to rise to resistance level 1.2625 GBPUSD currency pair recently reversed up from the pivotal support level 1.2495 (which has been steadily reversing the pair from May) intersecting with the lower daily Bollinger Band. The upward reversal from the support level 1.2495 stopped the previous medium-term impulse wave…
The UK’s statistics watchdog has warned the Conservatives over Rishi Sunak’s claim that Labour would raise taxes by £2,000, saying it failed to make clear how the figures were calculated. In a rap over the knuckles for the prime minster, who made the claim during a leadership debate on ITV on Tuesday evening, the Office…