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Global Market Weekly Recap: August 7 – 11, 2023
The market spotlight shifted to U.S. inflation data this week, as traders were keen to find out if the latest CPI figures would further support the peak rate hike cycle narrative.
A couple of top-tier data points from China managed to!--sse-->…
XAG/USD retreats below $22.70 amid rising US yields
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XAG/USD fell below $22.70 and is poised for a 3.8% weekly loss.
July’s PPI from the US rose to…
Japanese Yen Dips with Treasury Yields Outpacing JGBs. Where to for USD/JPY?
Japanese Yen, USD/JPY, US Dollar, BoJ, Intervention, YCC, JGB, Yield Spreads, Daly - Talking PointsUSD/JPY is eyeing new highs after stretching north this weekThe BoJ is on traders’ minds, but intervention may not be seenThe Fed is…
FX Weekly Recap: August 7 – 11, 2023
Forex market players zoned in on Chinese data and U.S. inflation figures this week as these tend to strongly affect monetary policy expectations and sentiment. These reports signaled potential slowing inflation and growth conditions on…
GBP/USD resilient amid mixed US inflation data, UK economic growth
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US Producer Price Index (PPI) outpaces June, driving a temporary Greenback rally and GBP/USD dip.…
UK GDP Data Beats Estimates, Sterling Undecided
GBP/USD Prices, Charts, and AnalysisThe UK economy grew by 0.2% in the second quarter.The economy is estimated to have expanded by 0.5% in June.
Recommended by Nick Cawley
How to Trade GBP/USD
The UK economy…
FXMH PARAMETER SETTINGS 20 PST /GBP/USD – Trading Systems – 11 August 2023
If the initial deposit is $1000 on a HIGH RISK micro account use the parameter settings below: Currency pairs: GBP/USD Timeframe: M5 Leverage: 1:500 Swap free account (forex robot will hold floating loss for weeks or even…
FX Play of the Day Recaps: August 7 – 10, 2023
In a mostly quiet volatility week, our strategy discussions arguably went well, including strong bullish moves in USD/JPY and GBP/NZD. Let’s do a quick review and see how the strategies played out!
USD/JPY 2-Hour Forex Chart by TV
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USD/MXN drops but remains above 17.0000 amidst a hot US PPI reading
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The Mexican Peso (MXN) advances against the US Dollar, despite overall US Dollar strength.…
Indices Little-Changed After Post-US CPI Volatility
Article by IG Chief Market Analyst Chris BeauchampFTSE 100, DAX 40, Dow Jones Charts and AnalysisFTSE 100 aiming to move above 7600The index managed to push its way above 7600 yesterday but was unable to hold these gains. A reversal…