If solutions cannot be found in talks with the European, the government will of course continue to consider all options available for safeguarding peace, prosperity and stability in Northern Ireland, the UK said on Wednesday, per Reuters. "There is … [Continue reading]
Gold set to start to outperform silver in the short-term – Credit Suisse
Silver (XAG/USD) stays rangebound and is seen at risk of near-term underperformance to gold, as the Credit Suisse analyst team notes. Silver to extend its consolidation phase “Silver extends its lengthy consolidation phase and we see scope for this … [Continue reading]
Ex-RBA’s Edwards: The central bank Is likely to dismantle elements of QE in July
The Reserve Bank of Australia is expected to roll back its quantitative easing while maintaining its current yield target bond when it meets next month to take “tactical decisions, the former board member John Edwards said early Wednesday. Key quotes … [Continue reading]
New Zealand Manufacturing Sales declined to 0.4% in 1Q from previous 0.5%
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or … [Continue reading]
GBP/USD in the hands of US pres Biden around G7 /Irish border
GBP/USD is trapped sideways in the consolidation of weekly gains. The Irish border will be a focus for the week as Us Pres Biden and UK PM Johnson plan to meet ahead of G7. GBP/USD is pressured on Tuesday, falling 0.18% at the time of writing … [Continue reading]
EUR/USD stays rangebound around 1.2170
EUR/USD follows the broader side-lined mood on Tuesday. German 10-year yields drop to multi-week lows near -0.23%. German, EMU Economic Sentiment disappointed markets in June. The single currency keeps the offered note unchanged so far and motivates … [Continue reading]
European Monetary Union ZEW Survey – Economic Sentiment above forecasts (77) in June: Actual (81.3)
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or … [Continue reading]
WTI Price Analysis: Bears likely to test 23.6% Fibonacci retracement near $67.85
Crude oil incurs significant losses on Tuesday. Bulls gave up gains near the $70 mark. Overbought momentum oscillator warns of aggressive bets Crude oil prices edge lower on Tuesday in the initial European trading hours. WTI peaked at $ 69.84 … [Continue reading]
AUD/JPY Price Analysis: Bulls challenge 23.6% Fibonacci retracement near 84.85
AUD/JPY accumulates modest gain on Tuesday. More gains envisioned if price breaks the 84.80 mark. Momentum oscillator remains neutral. The AUD/JPY price edges higher on Tuesday morning in the Asian trading session. The cross-currency pair confides … [Continue reading]
Forex Today: Dollar eases, focus remains on US inflation
What you need to know on Tuesday, June 8: The dollar advanced modestly at the beginning of the day but ended it in the red against all of its major rivals. Movements were limited as the macroeconomic calendar was scarce while investors are … [Continue reading]