Citi sees Brent crude price supporting USD/JPY above key average

Citi sees Brent crude price supporting USD/JPY above key average
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Citi sees Brent crude price supporting USD/JPY above key average
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The gold outlook has been a topic of keen interest for traders and investors alike. As we navigate through the current market dynamics, the gold outlook appears to be on a bullish trajectory. With the Federal Open Market Committee (FOMC) rate announcement on the horizon and the upcoming July jobs report, the gold market is…
Intraday Analysis 09.05.2025 – Orbex Forex Trading Blog XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX” width=”0″ style=”display:none;visibility:hidden”> Source link
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GBPUSD ↑ almost 3% MTD, trading near 2025 high “Golden cross” chart pattern signals potential bullish move UK data + Bailey speech + US data = heightened volatility? UK retail sales sparked moves of ↑ 0.3% & ↓ 0.4% over past year Technical levels – 1.3400, 1.3300 & 1.3150 Stability may return to markets as…
MARKET REPORT(Unburdened by what has been) Buers Van BerlageDay in Review: Today:(Kamalanomics: Govt-manipulated data with un-reported historic downward revisions to make the economy look more favorable): DATA:– US Retail Sales STRONG. Act +1.0% Exp +0.3% Prev-0.8%– bets for a 25bp Sept surged vs 50bp last week– Ex Autos +0.4% Exp +0.1%– YoY +2.7% PREV +2% For…
FUNDAMENTAL OVERVIEW Oil prices rallied all the way back to the resistance around the 66.50 level after a report from Axios suggested that a war between the U.S. and Iran appeared increasingly likely. Traders hedged into the weekend risk driving prices higher. There was no escalation over the weekend, on the contrary, we got some…