Shiba Inu lead Shytoshi Kusama announced that the layer-2 scaling solution Shibarium launch is close. A major developer of the SHIB network stated that following the recent website redesign there will be Shibarium docs and then … [Continue reading]
China NBS Manufacturing PMI came in at 47, below expectations (49.2) in December
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]
China Non-Manufacturing PMI came in at 41.6 below forecasts (51.4) in December
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]
Mexico Fiscal Balance, pesos down to -154.83B in November from previous -59.99B
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]
USD/CAD Price Analysis: Battles at the 20-day EMA, drops toward 1.3530s
USD/CAD struggles at the 20-day EMA and tumbles towards the 1.3530 area. USD/CAD Price Analysis: Oscillators offering mixed signals, but price action stalling at crucial EMAs to keep the pair rangebound. The USD/CAD advance stalled at the 20-day … [Continue reading]
NZD/USD Price Analysis: Kiwi limited while under 0.6350
Volatility and erratic moves during the last trading session of the year. NZD/USD to end year with a 7.30% loss. The 0.6500 has the key to more gains for the Kiwi. The NZD/USD is trading above 0.6300 during the last trading day of 2022. On a … [Continue reading]
WTI prices, wavering below $79 on concerns about China
Oil prices remain within recent ranges, capped below $79. Concerns about COVID-19 infections in china are weighing on crude prices. WTI oil to end 2022 little changed after having surged near all-time highs. Crude oil prices are trading sideways in … [Continue reading]
US Dollar Index stays defensive near 104.00, eyes the biggest yearly jump since 2015
US Dollar Index picks up bids to pare early-day losses amid sluggish session. US Treasury bond yields seek fresh clues, risk catalysts flash mixed signals. Softer US data weigh on hawkish Fed bets but fears from China keep DXY firmer. Second-tier US … [Continue reading]
BoJ announces bond-buying on an unplanned basis for the third day
The Bank of Japan (BoJ) announced on Friday that it conducted unscheduled bond purchases for the third day in the final trading week of 2022. Key details (via Bloomberg) “The BoJ offered to buy unlimited amounts of two-year notes at a yield of … [Continue reading]
Forex Today: US Dollar gives up as Wall Street advances
What you need to take care of on Friday, December 30: The US Dollar fell on Thursday, with the decline exacerbated by thin market conditions. Sentiment led the way throughout the day, with Chinese headlines triggering different market … [Continue reading]