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Forex

EURUSD Rises as Market Awaits Central Bank Comments at Sintra Symposium
EURUSD Rises as Market Awaits Central Bank Comments at Sintra Symposium

EURUSD soared by more than 0.4% on Tuesday ahead of the central bank heads' comments at the ECB's Sintra Symposium. The pair apparently heads for a retest of 1.10 after an unsuccessful...

UK PM Warns of Crackdown on 'Greedflation
UK PM Warns of Crackdown on 'Greedflation

Hunt to Meet UK Industry LeadersThe Chancellor of the Exchequer Jeremy Hunt is due to meet with industry leaders in the UK this week in a bid to establish how government and industry can work together...

EURUSD H4 | React off 38.2%
EURUSD H4 | React off 38.2%

TitleEURUSD H4 | React off 38.2%TypeBearish ReversalPreference:Price is currently at our pivot point of 1.09038 which aligns with a 38.2% Fibo retracement. A reverse from here, price could fall to 1st...

AUDUSD H4 | Potential bounce off support level
AUDUSD H4 | Potential bounce off support level

TitleAUDUSD H4 | Potential bounce off support levelTypeBullish BouncePreference:Price is falling to  to our pivot point of 0.66357 which is an overlap support level that aligns with 61.8% Fibo...

JPY Rises on Verbal Interventions - CPI Up Next
JPY Rises on Verbal Interventions - CPI Up Next

Japan Monitoring FX MovesThe Japanese Yen is strengthening today on the back of verbal interventions earlier this morning from key figures. Japanese finance minister Suzuki warned that the government...

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Sintra Symposium Comments Hold Key to Market Prices as Inflation Remains in Focus

Events in Russia over the weekend went unnoticed in the broader market, with no increased demand for safe-haven assets observed. US Treasury short-term bond yields traded 1-2 basis points lower than...

Daily Market Outlook, June 26, 2023
Daily Market Outlook, June 26, 2023

Daily Market Outlook, June 26, 2023Munnelly’s Market Commentary… Asian equity markets showed limited movement following losses on Wall Street Friday, as weak global PMI data and a lack of fresh...

DXY H4 | Potential bearish breakout
DXY H4 | Potential bearish breakout

TitleDXY H4 | Potential bearish breakoutTypeBearish BreakoutPreference:Price is approaching the pivot point of 102.2546 and could potentially break below this level; we could see momentum carry price...

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EUR Under Pressure As PMI Misses Amplify Growth Fears

EUR Slides on Weak PMIsEURUSD has come under heavy selling pressure today in response to the latest wave of eurozone PMI data released this morning. Weakness across French and German readings, as well...