Asia FX steady as traders assess Fed outlook; rupee hits fresh record low

Asia FX steady as traders assess Fed outlook; rupee hits fresh record low
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Asia FX steady as traders assess Fed outlook; rupee hits fresh record low
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Hello everyone! In today’s article, we’ll examine the recent performance of Boeing Co. ($BA) through the lens of Elliott Wave Theory. We’ll review how the rally from the April 15, 2025 low unfolded as a 5-wave impulse followed by a 7-swing correction (WXY) and discuss our forecast for the next move. Let’s dive into the structure and expectations for this stock. 5…
The US Dollar Index could retest the 50-day EMA near the 101.78 level. Technical analysis indicates a continued bullish bias, as the index remains within an ascending channel. The DXY is testing its initial support at the nine-day EMA of 100.47. The US Dollar Index (DXY), which tracks the performance of the US Dollar (USD)…
The major assets had a wild ride as Trump’s surprise tariff moves rattled investor confidence, pushing stocks lower and fueling a dollar rally, while oil prices bucked the trend with gains on supply concerns. How did the major assets trade the headlines on Thursday? Let’s take a closer look: Headlines: New Zealand ANZ Business Confidence…
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Reviews (1134) 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…
The US Senate yesterday narrowly approved Trump’s so-called “big, beautiful budget bill.” Elon Musk, who had previously criticised the bill for potentially adding $3.3 trillion to the national debt, warned that Republican lawmakers who supported it would face political consequences. In a post on X, Musk wrote:“Every member of Congress who campaigned on reducing government…