EUR/USD Forecast: Failure to Hold Above Parity Opens Up December 2002 Low
EUR/USD may fall towards the December 2002 low (0.9859) as the Relative Strength Index (RSI) sits in oversold territory. Read More
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EUR/USD may fall towards the December 2002 low (0.9859) as the Relative Strength Index (RSI) sits in oversold territory. Read More
The price of oil may face a further decline over the coming days if crude fails to defend the April low ($92.93). Read More
June US inflation data will be the main catalyst for price action to watch on Wednesday. Another hot report like May’s could strengthen the case for aggressive Fed tightening, hurting stocks. Read More
Clearstream, a post-trade services provider owned by the Deutsche Börse Group, recorded a total of €16,551 billion assets under custody (AUC) in June. This represents a 2% increase year-on-year (YoY) from the €16,274 billion seen in June 2021. Two months ago, the post-trade service firm’s AUC stood at €16,731 billion.These figures are contained in Clearstream’s monthly figures for June published […]
Equities quietly march higher with CPI data on the horizon. Read More
MetaTrader 5 announced on Tuesday that it had expanded Pakistan Mercantile Exchange’s trading hours by one hour, allowing clients to trade 22 hours a day.According to the press release, the platform’s built-in automation functions, including clearing and settlement procedures, have largely enabled this.PMEX representatives agree that the extension of trading hours has streamlined business growth, as the exchange now attracts […]
Understand the differences and unique selling points of active and passive investing to enhance your trading and investment strategy. Read More
The Euro put in a test at parity earlier this morning and that’s led to a bounce. Tomorrow brings CPI data out of the US and earnings season follows next week. Read More
Indices slip as China’s covid updates dent sentiment, earnings season kicks off. Read More
The US and Japan agreed to work together ‘as appropriate’ on FX issues ahead of the G20 meeting starting on Friday. USD/JPY lower after printing new 24-year high Read More