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Monday, October 28, 2024

European Markets Wrap-Up | ForexLive European FX news wrap: USD/JPY bites into opening gap higher

ForexLive European FX news wrap: USD/JPY bites into opening gap higher

Headlines: Yen losses ease up a little in European morning trade Japanese yen in the spotlight after weekend election Japan parliament reportedly to convene special session to vote on prime minister p... 

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UK October CBI retailing reported sales -6 vs 4 prior

Prior 4 After a brief respite in September, the UK retail sales balance heads back into negative territory for the month of October. The decline is marginal but it's not a good start to Q4, which is t... 

Crude Oil Technical Analysis – Israel spares Iran's energy facilities

Fundamental Overview Crude oil was one of the biggest movers today as the price gapped sharply lower following the Israel's retaliation over the weekend . The reason for the drop is of course the lack... 

Yen losses ease up a little in European morning trade

The pair is still up 0.4% on the day at around 152.90 but has fallen back below the opening gap of 153.23 upon the return from the weekend. The opening gap higher owes to the Japan election result. Mo... 

Bitcoin Technical Analysis – Trump or not Trump? That's the question

Fundamental Overview Bitcoin has been rallying steadily in the last few weeks as Trump winning odds continued to soar in betting markets. The price eventually consolidated around a key trendline as th... 

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FX option expiries for 28 October 10am New York cut

There is just one to really take note of on the day, as highlighted in bold . That being for EUR/USD at the 1.0800 level. Alongside the 100-hour moving average nearby at 1.0802 currently, it is likely... 

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