Asia FX ticks up, still set for weekly losses on Iran conflict, oil spike
Asia FX ticks up, still set for weekly losses on Iran conflict, oil spike
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Asia FX ticks up, still set for weekly losses on Iran conflict, oil spike
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The recent election results in India, contrary to exit poll expectations, have stirred up market dynamics, prompting a surge in volatility and a potential shift in risk perception. Here’s a breakdown of Citi Research’s analysis and initial reflections on the implications: 1. Valuation Volatility: The disparity between exit polls and actual outcomes may lead to…
AI in forex trading has become one of the most talked-about trends in the financial world. In 2025, traders are constantly asking whether machines now outperform human intuition, experience, and decision-making in currency markets. With rapid advancements in algorithmic trading systems and machine learning in financial markets, the forex landscape is changing fast. But is…
The EUR/USD weekly forecast points to a higher likelihood of a September Fed rate cut. The US CPI increased by 2.7% annually. US wholesale inflation was much hotter than expected in July. The EUR/USD weekly forecast points to a higher likelihood of a September Fed rate cut that is weighing on the dollar. Ups and…
Mayors will be given sweeping powers to unblock planning delays for major building projects in England, Angela Rayner has announced, as she promised a “devolution by default” approach to handing down authority from Whitehall. The pledge set out in the white paper to be unveiled this week will give regions more planning powers over housing…
Asia FX muted as dollar recovers; yen firms as BOJ ETF sales ring hawkish Source link
AUD/USD edged lower to 0.6621 last week but drew support from 38.2% retracement of 0.6348 to 0.6823 at 0.6642 and recovered. Upside is capped below 0.6766 resistance and initial bias stays neutral this week first. On the downside, break of 0.6621 and sustained trading 0.6642 will target 61.8% retracement at 0.6529. Nevertheless, break of 0.6766…