Asia FX steady after Powell’s cautious stance; Aussie dollar gains on hot CPI

Asia FX steady after Powell’s cautious stance; Aussie dollar gains on hot CPI
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Asia FX steady after Powell’s cautious stance; Aussie dollar gains on hot CPI
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GBP/USD fell to 1.3252 last week but recovered since then. Initial bias remains neutral this week first. Risk will stay on the downside as long as 1.3574 resistance holds, in case of stronger rebound. On the downside, below 1.3252 will extend the fall from 1.3867 to 1.3008 structural support. Decisive break there will carry larger…
Today, 31 July, Amazon is set to release its quarterly earnings after the close of the regular trading session. Available data show that Amazon (AMZN) shares are exhibiting bullish momentum, reflecting positive market expectations: → In July, AMZN shares have outperformed the S&P 500 index (US SPX 500 mini on FXOpen);→ Yesterday, following the end…
Discover why stock prices often drop after a rally and how understanding market psychology can help you time better entry points. Source link
Final Full Trading Week of the Year Until Christmas As markets enter the last full trading week of the year, many traders treat it like business as usual. But seasoned professionals know that the pre-Christmas period follows its own playbook. Liquidity thins as the week winds on, real-money flows dominate, and market behavior becomes…
The U.S. Inflation April 2025 report has become one of the most anticipated economic events this quarter. With new tariff policies from the Trump administration in full effect, economists and everyday Americans are eager to understand how these moves are influencing the cost of living. As the CPI Report April 2025 was released, it painted…
Reviews (1140) TradGrip 5 из 5 12 252452 5 “Commitment to Compliance and Transparency” – Sofia R. Operating under the brand name of Zenith Markets PLC, TradGrip is licensed by the Mwali International Services Authority (MISA). This regulatory oversight underscores the company’s dedication to maintaining high compliance standards and fostering a transparent trading environment. Their…