Share: Pound Sterling jumps above 1.2700, supported by a risk-on mood. UK housing demand drops sharply due to rising mortgage rates. Investors hope that policy divergence between the Fed and BoE will vanish this month. The Pound Sterling … [Continue reading]
Expecting a stronger NFP print on Friday at 180K – TD Securities
Share: Analysts at TD Securities assess the latest data releases from the US and preview the upcoming ones. Second tier data coming up with ADP and Home Sales "JOLTS and Consumer Confidence both came in below consensus. We expected downside risks on … [Continue reading]
USD/CHF pares the biggest daily loss in five weeks around 0.8800, focus on mid-tier Swiss/US data
Share: USD/CHF struggles to defend recovery from weekly low, prints the first daily gain in three. Market consolidates amid cautious mood before Swiss sentiment numbers, US employment, inflation cues. Downbeat US data bolsters expectations favoring … [Continue reading]
AUD/JPY Price Analysis: Reverses from 50-DMA, key resistance line on disappointing Australia data
Share: AUD/JPY takes offers to refresh intraday low, snaps three-day uptrend while reversing from two-week high. Australia Monthly CPI, Building Permits for July push back RBA hawks. Sluggish oscillators join U-turn from key technical hurdles and … [Continue reading]
United States API Weekly Crude Oil Stock declined to -11.486M in August 25 from previous -2.418M
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]
Twitter set to add crypto payments under Elon Musk’s leadership
Share: X, formerly Twitter, received the Rhode Island Currency Transmission License, necessary for trading crypto assets. Being the biggest social media platform, X would be exposing crypto trading to over 400 million users worldwide. X first made … [Continue reading]
Mexico Gross Domestic Product (QoQ) below expectations (0.9%) in 2Q: Actual (0.8%)
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]
FX option expiries for Aug 29 NY cut
Share: FX option expiries for Aug 29 NY cut at 10:00 Eastern Time, via DTCC, can be found below. - EUR/USD: EUR amounts 1.0725 1b 1.0775 440m 1.0800 2.1b 1.0830 477m 1.0845 407m 1.0855 462m … [Continue reading]
Solana-based Dapp Clockwork set to shut down a month after NFT protocol Cardinal goes under
Share: Solana-based DeFi application Clockwork will be winding down its nodes on the mainnet by October 31. Clockwork developers cited the same reason as NFT protocol Cardinal for shutting down - lack of commercial upside. The DeFi market’s … [Continue reading]
EUR/USD: Euro bulls approach 1.0850 as US Dollar traces softer yields, focus on German/US statistics
Share: EUR/USD edges higher after snapping two-day downtrend at 11-week low. Euro ignores German exporters’ pessimism amid hawkish comments from French FinMin. US Dollar fails to extend Jackson Hole inspired gains as traders await top-tier … [Continue reading]