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Wednesday, June 19, 2024

European Markets Wrap-Up: German economy minister says relationship with China has become more complex

German economy minister says relationship with China has become more complex

China is an important partner in all fields But relationship has now become more complex We do not want to separate from China But being too dependent on one country is a problem Considering the curre... 

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EURUSD Technical Analysis - The positive sentiment is giving the pair a boost

Fundamental Overview The USD last week saw a quick dip across the board following the soft US CPI report as the market priced back in two rate cuts by the end of the year. The moves were reversed soon... 

AUDUSD Technical Analysis – The pair bounced from the key support

Fundamental Overview The USD last week saw a quick dip across the board following the soft US CPI report as the market priced back in two rate cuts by the end of the year. The moves were reversed soon... 

How has the BOE rates pricing changed after the inflation data today?

Let's just take a quick check of things based on the current pricing: August - 25 bps rate cut: ~32% (previously ~46%) September - 25 bps rate cut: ~80% (previously ~88%) Total rate cuts for remainder... 

USDCAD Technical Analysis – The rangebound price action continues

Fundamental Overview The USD last week saw a quick dip across the board following the soft US CPI report as the market priced back in two rate cuts by the end of the year. The moves were reversed soon... 

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Latest Forex Orders

FX option expiries for 19 June 10am New York cut

There are just two to take note of on the day, as highlighted in bold . The first one being for EUR/USD at the 1.0745 level. That is likely to help keep price action in the pair more muted, sticking c... 

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