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Forex
Incomplete bullish Elliott Wave sequence in Netflix (NFLX) argues for more upside [Video]
Short term Elliott Wave in Netflix (NFLX) shows incomplete bullish sequence from 4.22.2024 low favoring further upside. Rally from 4.22.2024 low is unfolding…
EUR/USD slumps to 1.07 as markets round the corner into Friday
EUR/USD backslid to the 1.0700 handle on Thursday, erasing the week’s gains.
EU PMI figures expected to rise slightly on Friday.
US PMIs to wrap up the…
USD/JPY bulls turn cautious near 159.00, highest since April amid intervention fears
USD/JPY remains supported near its highest level since April touched earlier this Friday.
The BoJ rate-hike uncertainty and mixed National CPI from Japan…
Australian Judo Bank PMIs decline as output growth slows on new order declines
Australia's Judo Bank Purchasing Manager Index (PMI) figures declined in June, with both the Manufacturing and Services components chalking in a fall back from…
NZD/JPY Price Analysis: Cross extends gains, establishes fresh highs above 97.00
The cross resumed its gains, establishing new cycle highs at levels exceeding 97.00.
The daily chart continues to display resilience, increasing chances for…
USD/CHF surges sharply and climbs above 0.8900 as SNB cut rates
Swiss Franc weakens as SNB cuts rates from 1.50% to 1.25%, with potential for another cut in September.
USD/CHF jumps from 0.8833 to 0.8911, breaching a key…
Dow Jones Industrial Average reclaims 39,000 in Thursday resurgence
Dow Jones reclaims 39,000.00 handle as markets rebound post-Juneteenth holiday.
Softening US data helps to bolster rate cut expectations.
US PMIs still…
Mexican Peso soars as Sheinbaum ministerial picks fuels market optimism
Mexican Peso remains stable against US Dollar alongside solid April Retail Sales data.
Political uncertainty over AMLO's judiciary reforms limits further…
EUR/GBP rebounds after BoE keeps rates pinned
EUR/GBP bounced from near-term lows to cross 0.8450.
BoE keeps rates on hold, cites still-tight labor market and tricky inflation.
Friday to wrap up the…
BoE: September rate cut becomes an if, not when – Rabobank
The Bank of England (BoE) left the policy rate at 5.25%, as expected by almost everyone in the market. Upcoming elections still weigh heavy on the market…