Quick Look: EUR/USD fell below 1.0635, setting new lows since last November; USD/JPY reached its highest level since 1990, showing strong dollar demand; GBP/USD is under pressure, possibly dropping to 1.2325; Fed’s rate hikes total
Quick Look: February saw core machinery orders jump 7.7%, surpassing expectations. Year-on-year capital spending fell by 1.8%, but less than forecasted. Bank of Japan ends negative interest rates, boosting economic outlook. Wages are rising, potentially
Quick Look: PBOC sets the yuan reference rate at 7.2372, with a +/-2% fluctuation limit. Two billion yuan injected via 7-day reverse repos; net 2 billion yuan drained. 100 billion yuan placed in markets through
Quick Overview: A suspected Israeli strike on the Iranian consulate in Damascus killed seven IRGC officers. Iran retaliated with missile and drone attacks on Israel, impacting the economy. UN Security Council and G7 convened due
Quick look Asset managers are bullish on USD, speculators bearish, signalling divergent views. EUR/USD futures indicate growing pessimism among major traders. The disparity in Indices Futures suggests a possible market correction. Gold and WTI Crude
Quick Look The RBI grew forex reserves to $645,580,000,000, marking six weeks of growth. Reserves increased by $26,500,000,000 over five weeks, aiming to stabilize the Rupee. RBI uses direct market interventions to manage currency volatility.
Quick Look NZD/USD: Exhibits negative momentum with RSI at 47.15 and bearish MACD, struggling below key SMAs. AUD/USD: Shows resilience with support near $0.6550, facing resistance at $0.6580 and $0.6620. Comparative Insight: NZD/USD is under
Quick Look USD/CHF Experiences a Corrective Phase, Highlighting Market Consolidation Critical for Future Direction. Mixed US Economic Data Impacts Market Dynamics and Currency Pair Fluctuations. GBP/USD Sees Influence from US Data, Oscillating Between Key Resistance
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