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USD/CHF - A Promising Bottom Fishing Opportunity Unfolds
The USD/CHF is currently forming a descending wedge pattern, hinting at a potential turnaround and reversal in its downward trajectory. Over the past nine months, the USD has experienced a steady decline against the Swiss Franc, and it appears to be nearing the end of stage 4, preparing to establish a foundation at Stage 1.
Inflation Nation: Japan's Decreasing Inflation And Its Political Impact On USD/JPY
This Friday morning, Japan’s annual inflation rate is set to reveal a fresh decline, catching many off guard, as it unexpectedly dropped to 3.2% in May 2023 from the prior month’s 3.5% peak, missing market forecasts of 4.1%.
Inflation Insights: Unraveling The Impact On GBP And Equity Markets!
Tomorrow morning, Great Britain awaits a key set of economic releases, including inflation data points, producer price index data points, and retail price index figures. Notably, consumer price inflation in the United Kingdom remained steady at 8.7 percent in May 2023, maintaining the previous month’s 13-month low but surpassing market expectations of 8.4 percent.
Inflation Showdown: Unraveling The Euro's Fate And Impact On Stocks
Tomorrow morning, the Euro Area’s consumer price inflation rate is set to be unveiled, anticipated to continue its downward trend. However, the magnitude of this decrease will play a significant role in shaping the European Central Bank’s (ECB) approach to future rate hikes.
CAD Inflation Data: Following The US Trend With Potential Slowdown!
Canadian inflation data is scheduled to be released tomorrow morning EST, and analysts widely anticipate it to reflect slowing inflation. The prior month’s report indicated that Canada’s annual inflation rate dropped to 3.4% in May 2023, compared to 4.4% in the previous month, marking the lowest rate since June 2021.
Crunch Time For The Dollar: Major Macro Data On The Horizon!
A series of economic data is scheduled for release tomorrow morning EST providing insights into the current state of the consumer and manufacturing industries. Retail sales in the US have been showing a slight uptrend, unexpectedly rising 0.3% month-over-month in May, surpassing prior forecasts of a 0.1% decline.
EUR/INR At Crossroads: An Inflection Point Looms!
Consumer spending in Europe is experiencing a significant decline, as a combination of inflation andeconomic recession puts pressure on households to cut back on both essential food items anddiscretionary purchases. Europe’s economic recovery is facing challenges due to China’s continued
Global Traders Eye RBI's Role Amid Slump In Indian Rupee Volatility: Bloomberg
Malaysian Ringgit's Recent Tumble Spurs Expectations Of Intervention: Bloomberg
Wagner Effect — Russian Rouble Sinks To Lowest Value Against US Dollar Since Invasion Of Ukraine: Report
Rupee's Fall Likely to Continue in Light of US Fed's Rate Hike Plans: Reuters
Yen's Depreciation Triggers Speculation Of Government Action: Nikkei Asia
Japan In Regular Touch With Janet Yellen, US On Currency Movements Says Top Financial Diplomat: Reuters
Currency Speculators, Hedge Funds Placing Bullish Bets On Pound Sterling: FT
Another Elon Musk Biography Coming: Here's Which Company Is Behind It
The world’s richest man has been a popular subject of articles and television series for media companies. Another company just entered the race.
Upcoming Docuseries On FX, Hulu Takes A Critical Look At Elon Musk, Tesla's Self-driving Ambition
Walt Disney Co (NYSE: DIS) owned cable television channel FX will premiere a documentary series on Tesla Inc (NASDAQ: TSLA) CEO Elon Musk in collaboration with The
Donald Glover Lands Reported Eight-Figure Deal With Amazon
Actor, writer, director and producer Donald Glover is reportedly leaving Walt Disney Co's (NYSE: DIS) FX network for a multiyear eight-figure deal with Amazon.com, Inc. (NASDAQ: AMZN).
SEB's Take On The Undervalued Currencies In A Coronavirus Market
The global coronavirus pandemic has impacted forex market performance, with many smaller currencies outperforming the more liquid ones.  Prior to the COVID-19 outbreak, Brexit and the trade war between the U.S. and China determined FX performance.
EUR/USD Forecast: Bulls Want More
European reopenings underpin the shared currency while civil unrest weighs on the greenback. The US ISM Non-Manufacturing PMI is foreseen at 44 in May from 41.8 in April. EUR/USD bullish despite some divergences surging in intraday charts.
Cürex's In-Flight Trade Impact Analysis Tool Comes To Market
9 Streaming Services With The Best Original Content
A Fairy-Tale Ending: Disney, Fox Shareholders Approve Merger
Equity Investors Should Be Paying Attention To What The Foreign Exchange Market Is Saying