Ether Lost Support but Not the Advantage, Yet
Market picture Bitcoin has lost 1.6% over the last 24 hours to $19,777 amid renewed pressure…
Continue ReadingHow can electricity market reform support the euro rate?
EUR/USD continues to trade below par on Thursday. OCBC Bank economists highlight key technical levels to…
Continue ReadingIt Will Not Be Surprised If The US Dollar Strengthen More
The dollar could move higher if Fed Chairman Jerome Powell resolutely follows Paul Volcker’s steps in…
Continue ReadingHow Far Can USDJPY Go?
The yen weakened to its lowest level since 1998, with USDJPY breaking through the 1 0…
Continue ReadingDespite falling energy prices, the European Central Bank (ECB) is expected to raise interest rates by 75 basis points
Markets are now favoring the European Central Bank’s 75 basis point increase at its upcoming meeting,…
Continue ReadingEuropean equities open higher to start the day
Eurostoxx +0.5% Germany DAX +0.4% France CAC 40 +0.3% UK FTSE +0.2% Spain IBEX +0.2% This…
Continue ReadingRussell 2000 technical analysis in 10 seconds
Russell 2000 futures (RTY) on the daily timeframe is retesting this previously broken bull flag (green…
Continue ReadingJapan finance minister says monitoring market moves post-Jackson Hole
To be fair, the question posed to him is a bit clumsy as it refers to…
Continue ReadingHeads up: Germany states’ CPI readings due later today
After a slight moderation in June and July, German consumer inflation is estimated to pick back…
Continue ReadingMarket Outlook for the Week of August 29- 2 September
Aside from these events, some Fed members are also expected to deliver their remarks this week.…
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