Day: October 31, 2023
The primary currency pair experienced a minor rise on Tuesday. The current EURUSD exchange rate stands at 1.0591. The US dollar weakened against major currencies at the beginning of the week. Market participants are now primarily focused on the upcoming meeting of the US Federal Reserve System scheduled for Wednesday and the employment sector data […]
Small Tweaks From BOJ The Japanese Yen hit its lowest level against EUR today for the first time since 2008. The fresh rally in EURJPY comes in response to the latest BOJ meeting overnight. The bank once again held headline policy unchanged, reaffirming its commitment to easing, despite making a further adjustment to its YCC […]
Title USDCHF H4 | Bouncing Off Support? Type Bullish Bounce Preference: The price is falling toward our pivot point of 0.9000, which serves as a pullback support level. A bounce from this point could lead the price to rise to the 1st resistance at 0.9064, a pullback resistance. Alternative scenario: However, if the price breaks […]
Unauthorised firm details Name: TRADEXPROS Address: 71 Cherry Court, Southampton, UK, SO53 5PD Email: [email protected] Website: www.traderxpros.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 […]
Unauthorised firm details Name: SUREFX Nation Address: 14 Fitz-James Ave, London Email: [email protected] Website: www.surefxnation.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 looks […]
US Inflation Expectations Rise The latest report from the University of Michigan reveals a notable surge in the 1-year inflation expectations of households, jumping from the previous 3.2% to a substantial 4.2%. This figure significantly exceeds the 3.8% forecast. Notably, inflation expectations for the five years ahead remain steady at 3.0%. The Fed tracks inflation […]
Daily Market Outlook, October 30, 2023 Munnelly’s Market Commentary… Asia – stock markets experienced mixed trading with most major indices ending in negative territory. The ongoing geopolitical concerns remained at the forefront of investor sentiment as the month-end and upcoming risk events loomed. The Nikkei 225 was the weakest performer, down by 1.0%, as yields […]