US Dollar Forecast: Will Powell Quell the Recent USD Resurgence?

The widely recognized benchmark for US dollar performance, the dollar basket (DXY), witnessed a lift heading into the end of the week as the euro, pound sterling and Japanese yen surrendered recent gains. Renown ECB hawk Klaas Knot admitted an uncertain o

Japanese Yen Slides as Speculation Mounts Ahead of BoJ Meeting. Where to for USD/JPY?

Speculation has been rife that BoJ Governor Kazuo Ueda might look to tweak YCC this year but the timeline for such a move, should it happen, remains opaque. This has led to market uncertainty around monetary policy and by extension, notable moves in USD/J

Asia Day Ahead: Sentiment in Check Ahead of US Fed Meeting

Wall Street were little changed last Friday amid subdued moves in the Treasury yields, while the US dollar saw further firming (+0.3%) following recent sell-off. Some reservations continue to linger around mega-cap tech stocks ahead of several key earning

US Dollar Holds the High Ground Ahead of Fed, ECB and BoJ Meetings. Higher USD?

The Federal Open Market Committee (FOMC) gathering on Wednesday will kick things off ahead of the European Central Bank (ECB) on Thursday and the Bank of Japan (BoJ) on Friday.

Indonesia launches national cryptocurrency exchange, clearing house

The Indonesian government last week announced the launch of a national crypto asset exchange to provide regulators with a record of transactions and better protect cryptocurrency investors.

The FCA issued a warning to 36 unauthorised companies last week

The UK\'s Financial Conduct Authority (FCA) last week issued a warning to 36 unauthorised firms for soliciting customers in UK jurisdictions without a licence.

Data interpretation: Will there be 3 interest rate hikes this year? Goldmans expectations have also turned sour

Goldman Sachs said it expects the Federal Reserve to raise interest rates three more times this year, each by 25 basis points, after data released earlier this week showed a persistent threat of inflation and a very strong job market.

The Financial Investment Expo

2023 The Financial Investment Expo is a major event for the fintech and financial investment industry around the world. It is a comprehensive platform designed for global fintech companies and investment and financial institutions to display their corpora

Eur/USD Technical Outlook: About to break out of range? How long can the rally continue?

The euro rallied, trying to test some resistance, but has not yet broken out of the range; For now, the uptrend in EUR/USD seems intact and upside momentum may be brewing; In the future, the pair will test some key technical levels, will EUR/USD break thr

Business news: Hot roll prices are expected to fall slightly in the short term and weak shocks

On July 11, according to the commodity market analysis system of the business community, the recent market price of hot rolled coil fell slightly. Specifically, at the beginning of the month, Tangshan and Jiangsu steel industry limited production rumors l

A trading strategy for beginners in Forex trading

This strategy is suitable for short-term trading, that is, buying and selling operations in one day. You can choose to focus on a particular currency pair, observe price movements over a shorter period of time, and trade based on short-term trends. This s

Traders have to Mark the Forex tips!

We all know that the forex market is the largest financial market in the world, with an average daily trading volume of $6.6 trillion globally. The profitable potential of the forex market attracts traders at all levels, as well as national retail and ins

Inflation has eased, but the market still expects the European Bank to raise interest rates in July, the euro\'s decline or limited!

Eurozone inflation figures for June came in below analysts\' expectations, confirming an easing of price pressures across the bloc and the euro\'s recent weakness. The euro weakened against all G10 currencies as investors continued to lower expectations f

Spot gold trading strategy: the technical surface appears "bottom signal", there is still a short-term rebound opportunity

Monday (July 3) Asian hours, spot gold trading in a narrow range, currently trading around $1917.06 / ounce, last Friday\'s US economic data weaker than expected, the market on the Federal Reserve\'s potential aggressive degree of fighting inflation cast

Good for Aussie dollar! Westpac said Australian inflation is higher than it looks and forecast a 25 basis point rate hike this week

The pound is hovering at its highest level against the Australian dollar in more than a year, but Tuesday\'s RBA interest rate decision could determine whether the pair is just in temporary trouble or out of its recent rally, market analyst James Skinner