USD supported by less dovish Fed and political uncertainty: Macquarie
USD supported by less dovish Fed and political uncertainty: Macquarie
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USD supported by less dovish Fed and political uncertainty: Macquarie
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Strong Yen Sales October 2, 2024 Japan’s ultra-loose monetary policy when other central banks scrambled to tame a sharp rise inflationary pressure in 2021-3 had encouraged investors to borrow essentially free money offered in Japan and invest in higher yielding assets elsewhere. Those so-called carry trades are now being reversed and consequently driving down the…
Pepsico ($PEP) has been in a bearish cycle since May 2023. However, the cycle is getting extreme and the sell-off may relax in the coming weeks or months. While we may not know what will trigger the buyers to find entries soon, traders should be aware of this key zone for opportunities. PepsiCo is a…
The currency pair still trades in a bullish market zone.Sellers may drop the price below the $136.57 support value. USDJPY Weekly Price Analysis – October 25 Currently, the USDJPY remains positive. However, the Yen price may likely collapse and drop below the $139.57 support value if the bears could add more aggression to their selling…
Markets recover as Trump suspends tariffs Global equity markets are showing sharp volatility which is also apparent in the currency market. The pound posted sharp losses after the latest round of US tariffs took effect, but has surged higher following US President Trump’s surprise announcement that he would reduce all country-specific tariffs to 10% except…
The expectation that the price will continue falling due to the ongoing correction in the form of the double zigzag is now doubtful. The recent rally indicates that the bearish pressure is easing, and the price has not reached the target level of 91.4% according to the Fibonnacci Retracement….
GBPUSD Drops Ahead of the UK CPI – Orbex Forex Trading Blog XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX” width=”0″ style=”display:none;visibility:hidden”> Source link