Day: June 29, 2023
The price of Bitcoin keeps testing the resistance level of 31000; therefore, it might rebound and drop anytime soon. However, potential pennant formation on the chart might help Bitcoin break this pattern and the resistance through and hit the resistance level of 34330. In any case, Bitcoin is likely to either break the resistance level […]
Hawkish Fed Expectations Weighing on Metals Silver prices are sitting atop support at the 22.3205 level ahead of the final USD GDP number later today. The metal has come back under heavy selling pressure over the last two weeks amidst an uptick in hawkish Fed expectations. Despite the Fed holding rates unchanged in June, […]
The Australian dollar, paired with the US dollar, has reached its lowest level in four weeks. The current AUDUSD quote is 0.6606. The peak of the Aussie at 0.6900 is now a distant memory. The pause in AUD selling pressure may be due to the release of statistics from Australia. Fresh data demonstrate that May […]
The Japanese yen, paired with the US dollar, returned to weakening following a short pause. The current USDJPY quote is 144.45. The US dollar is edging closer to the 145-yen mark, which previously served as the basis for extensive currency interventions. They took place in September and October last year. However, these measures have not […]
Unauthorised firm details Name: DENOXTRADE Address: 11 TERRICK RDELILAWNE65 9BN Telephone: +44337477474 Email: [email protected] Website: www.denoxtrade.com Some firms may give incorrect contact details including postal addresses, telephone numbers and email addresses. They may change these contact details over time. They may also give you details that belong to another business or individual, so the information […]
The FTSE Finish Line – June 29 – 2023 FTSE Flounders As Investors Weigh Further Rate Rise Uncertainty On Thursday, the FTSE 100, the UK’s leading stock index, experienced slight losses of 0.30% as market participants grappled with uncertainty following the indications of additional policy tightening by top central bankers. The heads of the world’s […]
Hawkish ECB Comments The DAX continues to hold within the 15642.76 – 16278.35 range this week. Hawkish comments from ECB’s Lagarde at the bank’s Sintra Symposium have acted as a headwind, keeping prices weighted to the downside despite some initial strength in the week. The ECB chief reaffirmed the bank’s commitment to pushing ahead with […]
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Unauthorised firm details Name: MERJES GROUP Address: 122 Leadenhall Street, London, EC3V 4AB Email: [email protected] Website: wwwmerjesgroup.com Some firms may give incorrect contact details including postal addresses, telephone numbers and email addresses. They may change these contact details over time. They may also give you details that belong to another business or individual, so the […]