USD/TRY Forex Signal: Maintaining Narrow Trading Range
We expect the lira to decline as long as the pair does not break the bottom recorded during last week. Today’s recommendation on the lira against the dollar Risk …
Negativity about the US economy is pervasive
US equities little changed in thin trading Monday, S&P flat. the bond sell-off extended further, US10yr yields up 3bps to 2.85%, highest since December 2018. Fed’s Bullard “won’t rule …
A Beginner’s Guide to the DeMarker Indicator in Forex
If you want to gauge whether an asset might be overbought or oversold while trading Forex, one tool you can use is the DeMarker indicator. This indicator also is …
Yen Selloff Intensifies Again, Canadian Dollar Outperforms
Selloff in the Japan Yen continued this week and intensified in Asian session today. The move came as global benchmark treasury yields powered up, including those in the US, …
FOREX-Dollar index passes 101 for first time in two years as yen slide continues
By Alun John HONG KONG, April 19 (Reuters) – The dollar index rose past 101 for the first time since March 2020 on Tuesday, as the greenback set its …
Are US Earnings Resilient to Inflation, War and COVID-19?
Week started quietly on Monday, as many European markets were closed for the Easter holiday. Trading volumes were slim, and the US indices swung between slim gains and losses …
Yield Dynamics Put EUR/USD Weakness into Perspective
Markets The ECB on Thursday last week disappointed euro bulls as they went into a four-day weekend. They hoped for something more than an almost unchanged assessment, especially after …
Stocks Steady as Corporate Earnings Move to Center Stage
Stocks are set to open mutated as corporate earnings step up a gear. US futures Dow futures -0.01% at 34580 S&P futures -0.02% at 4437 Nasdaq futures -0.08% at …
Sunset Market Commentary – Forex Stock
Markets European markets after the long weekend summarized trading in a familiar way. Persistent uncertainty on growth in Europe but also in the several Asian countries, combined with inevitable …
IMF slashes 2022 growth outlook amid Ukraine war, China lockdowns
Washington: The International Monetary Fund slashed its world growth forecast by the most since the early months of the pandemic, and projected even faster inflation, after Russia’s attack on …
European PMIs: Is a Recession Coming for the Euro?
The Eurozone economy is losing power. A recession has become a real possibility and the upcoming PMI business surveys on Friday will tell investors exactly how high that risk …
JPY at the mercy of the storm; AUD rebounds
The Japanese yen is once again under pressure – Photo: Shutterstock The Japanese yen (JPY) is once again in the midst of a selling fury, weakening against all major …