FxWirePro: USD/JPY steadies around 154.70 after BOJ Gov flags gradual hikes, but vague on timing
Nov 18, 2024 05:35 am UTC| Technicals
USD/JPY steadied after Japans central bank chief signaled a potential interest rate hike, but the timing remained uncertain. Bank of Japan Governor Kazuo Ueda reiterated that interest rates would rise gradually if the...
FxWirePro: NZD/USD positions for another drop, eyes 0.5800 level
Nov 18, 2024 05:02 am UTC| Technicals
NZD/USD held near three month low on Monday as kiwi dollar remained under pressure from stronger greenback . On the data front, New Zealands producer output prices climbed by 1.5% compared to the same period last year...
FxWirePro: AUD/USD tight ranges prevail as market waits for fresh catalyst
Nov 18, 2024 04:17 am UTC| Technicals
AUD/ USD edged higher but remained near three month low on Monday as investors awaited Reserve Bank of Australia monetary policy for further direction. This week, the RBA will publish the minutes of its last policy...
FxWirePro: EUR/AUD gives back chunk of early gains, bias neutral
Nov 15, 2024 23:44 pm UTC| Technicals
EUR/AUD initially gained on Friday but gave up ground as investors booked profits on long position ahead of week end. On the data front, consumer prices in France rose 1.6% year-on-year in October, statistics office...
FxWirePro :GBP/NZD unlikely to invite any further GBP strength, good to sell on rally
Nov 15, 2024 23:25 pm UTC| Technicals
GBP/NZD fell sharply on Friday as pound was weighed down by downbeat UK GDP data. Data released on Friday showed an unexpected contraction in Britains economy in September, with growth slowing significantly during the...
FxWirePro : GBP/AUD reverses course as bullish mood sours after downbeat UK GDP data
Nov 15, 2024 23:12 pm UTC| Technicals
GBP/AUD declined on Friday as sterling attracted seller data showed Britains economy contracted unexpectedly in September. Gross domestic product slipped by 0.1% in monthly terms during September as the services sector...
Tokyo's Inflation Surge: Energy Prices Drive December CPI Up to 2.4%