EUR/JPY: Pullback emerges following horrible EZ PMI data
Eurozone August Services PMI fell into contraction territory; dropping from 50.9 to 48.3 Treasuries ...
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EUR/USD – ECB may be convinced to hold in September after latest data
Eurozone Services PMI falls to 48.3 in August (50.5 expected, 50.9 in July) Eurozone Manufacturing P...
Canadian dollar pares losses after lukewarm retail sales
Canadian retail sales post weak 0.1% gain Markets eye Jackson Hole Symposium as tightening cycles ne...
GBP/USD – BoE rate expectations pared back as PMIs point to recession
UK Services PMI falls to 48.7 (50.8 expected, 51.5 in July) UK Manufacturing PMI falls to 42.5 (45 e...
Australian dollar steady after lackluster PMIs
Australia’s manufacturing and services PMIs ease in August The Australian dollar is slightly l...
D-day for the US stock market as Nvidia earnings loom
The share price performance of Nvidia has been the main driver of Nasdaq 100 outperformance/premium ...
British pound eyes PMIs reports
UK order expectations decline Manufacturing and services PMIs are expected to tick lower on Wednesda...
BRICS Summit: Dedollarization risks ease
Xi meets Ramaphosa and discuss how to bolster trade in their own currencies Yuan still weakens despi...
NZD/USD climbs ahead of retail sales
NZD/USD posts strong gains on Tuesday New Zealand retail sales are expected to decline by 2.6% The N...
GBP/USD – Consolidation continues amid promising inflation numbers for the UK
New inflation methodology offers hope for BoE 1.28 could be major resistance point for GBPUSD A brea...
Japanese yen rises as inflation higher than expected
The Japanese yen has bounced back on Tuesday after starting the week with losses. In the European se...
USD/CHF Technical: Potential continuation of medium-term downtrend
The CHF is the second-best performing major currency against the USD based on a one-month rolling ba...
USD/CAD: Little Loonie support from oil; Reversal or Fakeout time?
Dollar supported as 10-year Treasury hits 4.34%, highest levels since financial crisis Oil market to...
Euro shrugs after mixed inflation report
Markets show little reaction to Friday’s eurozone inflation report Headline inflation falls bu...
USD/JPY punches above 146, BoJ inflation next
USD/JPY pushes above 146 line Bank of Japan’s Core CPI is expected to ease to 2.7% The Japanes...
EUR/USD: The Jackson Hole Dollar Playbook
2-year Treasury yield rises 3.7bps to 4.979% (supports Fed’s higher for longer push) Dollar so...
Podcast – China stock market hit 9-month low, further downside risk in Nasdaq 100 as Jackson Hole looms
OANDA Senior Market Analyst Kelvin Wong joins Jonny Hart to decipher the current bearish performance...
WTI Oil Technical: Potential bullish reversal to resume medium-term uptrend
The recent decline of -6.8% from its 10 August 2023 high has not damaged the medium-term uptrend pha...
Another rough week for the Australian dollar
AUD/USD close to 9-month lows China fails to cut 5-year LPR The Australian dollar is steady at the s...
AUD/JPY Technical: Watch 92.80 key downside trigger level
Weak medium-term momentum may kickstart a medium-term downtrend phase for AUD/JPY. Key short-term re...