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Thursday, June 27, 2024

European Markets Wrap-Up: USDCAD Technical Analysis - The bounce from the key support extends higher

USDCAD Technical Analysis - The bounce from the key support extends higher

Fundamental Overview The USD continues to be backed by good economic data as we have also seen recently from the US PMIs last Friday and the US Consumer Confidence report this week. Although such data... 

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GBPUSD Technical Analysis – Flows dominate the price action

Fundamental Overview The USD continues to be backed by good economic data as we have also seen recently from the US PMIs last Friday and the US Consumer Confidence report this week. Although such data... 

BOE says that UK households, businesses are coping with higher rates

Counter-cyclical buffer maintained at 2% Risk management in private equity sector needs improving to reduce vulnerabilities Global financial risk environment "broadly unchanged" from Q1 Adjustment to... 

BOJ's Uchida says closely monitoring yen movement in conducting monetary policy

Weaker yen is an upward factor for prices Closely monitoring that in conducting monetary policy The remarks are cited by a Japanese Cabinet office official, so it isn't exactly the usual jawboning. Bu... 

NZDUSD Technical Analysis – The price is bouncing on a key support level

Fundamental Overview The USD continues to be backed by good economic data as we have also seen recently from the US PMIs last Friday and the US Consumer Confidence report this week. Although such data... 

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FX option expiries for 27 June 10am New York cut

There are a couple to take note of on the day, as highlighted in bold . The first ones are for EUR/USD and they are sandwiching the current spot price at 1.0650 and 1.0700. That is likely to help lock... 

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