The Japanese yen continues its good form with USD/JPY being dragged to fresh lows in over nine weeks. The pair is down another 100 pips today in a fall angling towards the 130.00 mark...
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USD/JPY remains heavy to start the new week
The pair is still feeling the weight of the technical breakdown below the 135.00 level since last week. A drop today would mark four consecutive daily declines for the pair, its worst run since...
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USDCHF is having a volatile end of month
The USDCHF has had a volatile run of it today. The pair raced higher soon after the NY open and pushed up toward the falling 100 hour moving average at 0.9600 currently (blue line). The high...
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Japan finance minister Suzuki: No comment on day-to-day FX moves
Closely watching FX moves with a sense of urgency These are similar comments to when the Japanese yen tumbled and even with the pullback this week, it hasn’t really amounted to much in the...
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British grid operator expects increase in energy imports in winter
In the coming winter, the UK will have to rely more on imported power sources to provide consumers with electricity, writes the Daily Telegraph, citing a report by the British energy system operator National...
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Purchasing power: kick-off of the debates in the Senate
Extension of the „Macron bonus”, increase in pensions and allowances … the Senate with a right-wing majority began on Thursday the examination of the first part of the measures in support of purchasing power,...
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VimpelCom’s revenue under IFRS in 2021 grew by 5.9%, to RUB 290.7 billion.
Consolidated revenue of Veon Ltd. in Russia (owns Vimpelcom, which provides services under the Beeline brand) according to international financial reporting standards (IFRS) increased by 5.9% in 2021 compared to 2020 and reached 290.7...
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NASDAQ 100 Forecast: Index Breaks Down to 50-Day EMA
The NASDAQ 100 broke down a bit Tuesday to reach the 50-day EMA. The 50-day EMA sits just a bit above the 12,000 level, and I think there’s a lot of interest in that area. Even if...
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FX option expiries for 28 July 10am New York cut
Just a couple to take note of, as highlighted in bold. That said, they might not be of much significance given that the expiries are trading some ways off from the current spot price. In...
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AUD/USD Forecast: Aussie Struggles with Momentum
The AUD/USD pair tried to rally during the early hours of Tuesday but then fell as the 50-day EMA continues to see a lot of interest. Furthermore, we have the 0.70 level above that could offer quite a...
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