Asia FX muted; yuan dips on dismal trade, dollar weakens on soft jobs data

Asia FX muted; yuan dips on dismal trade, dollar weakens on soft jobs data
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Asia FX muted; yuan dips on dismal trade, dollar weakens on soft jobs data
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A market veteran with over 17 years of experience as a professional trader and analyst, covering the full spectrum of global markets, including commodities, cryptocurrencies, equities, fixed income, and FX. As the Head of Axi Select, Greg spearheads an innovative initiative providing traders of all levels with substantial funding and comprehensive tools to improve their…
WTI crude surged at the start of the week as geopolitical tensions flared after US airstrikes hit Iranian nuclear targets over the weekend. The move marks a dramatic escalation in the long-simmering conflict between Iran and Israel, now drawing in direct US involvement. Investors are now awaiting Tehran’s next move after Iranian officials said “all…
How You Can Trade Opening Week Gaps – Forex Trading Forum February 10, 2025 /Posted byGVI Forex / 102 / …
Gold (XAUUSD) M3 Scalping Update: Murrey Math Levels & Dashboard Analysis Source link
New Zealand’s First Interest Rate Cut of the Cycle August 14, 2024 There’s been a 25-basis point reduction in the Reserve Bank of New Zealand’s official cash rate to 5.25%. Its the first easing of the cycle and was not widely expected by analysts. “Surveyed inflation expectations, firms’ pricing behavior, headline inflation, and a variety…
We are therefore not pre-committing to a particular rate path The medium-term economic outlook is uncertain Growth will be weaker in the short term Further ahead, the eurozone economic recovery should start to gather steam The market has been reading the signals from ECB policymakers and data and now sees just an 8% chance of…