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Monday, May 27, 2024

European Markets Wrap-Up | AUDUSD Technical Analysis

AUDUSD Technical Analysis

Fundamental Overview The USD got a boost last week from the strong US PMIs which lifted Treasury yields and put in question the rate cut in September. Once the market digested the report and saw that... 

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Japan maintains overall economic assessment for the month of May

This is a third month in a row that the above assessment is maintained. But the government did upgrade its assessment on factory output for the first time in a year, noting that it is showing signs of... 

GBPUSD Technical Analysis - The bullish sentiment remains intact

Fundamental Overview The USD got a boost last week from the strong US PMIs which lifted Treasury yields and put in question the rate cut in September. Once the market digested the report and saw that... 

Market Outlook for the Week of 27 - 31 May

The week kicks off on Monday with a U.S. bank holiday in observance of Memorial Day, resulting in a quiet start to the financial markets. On Tuesday, attention shifts to Japan for the release of the B... 

SNB total sight deposits w.e. 24 May CHF 461.2 bn vs CHF 467.4 bn prior

Domestic sight deposits CHF 452.5 bn vs CHF 459.0 bn prior Overall sight deposits fell in the past week but is continuing to keep within the range of what we're seeing in the last few months. Nothing... 

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FX option expiries for 27 May 10am New York cut

There is just one to take note of, as highlighted in bold . That being for USD/JPY at the 157.00 level. And the expiries should help to act alongside offers to keep a lid on price action in the sessio... 

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