02.07.2022
Chicago 12, Melborne City, USA
Politics

US Dollar Index Outlook: Dollar is Set for Further Advance:

Bulls are consolidating under new two-decade high but remain in play and position for further advance. The dollar is supported by strong Fed rate hikes and hawkish stance that signals further action, as well as safe-haven demand on economic and geopolitical uncertainty, while Euro remains fragile, and yen is set for further weakness that adds… […]

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Politics

US 100 Index Halts Decline But Retains Bearish Bias:

The US 100 stock index (cash) has been experiencing a minor pullback after its advance failed to cross above the 12,940 region. Nevertheless, the ascending 50-period simple moving average (SMA) is closing the gap with the 200-period SMA, where a potential upside violation could reinforce the case of a sustained recovery. The momentum indicators suggest… […]

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Business

USD / JPY Anticipated Attracting a Pause in Selling Order as Dollar Index Shows More Weakness

USD / JPY experienced a fickled directional change, after reaching its lowest 1-day price of 126.67 during the Asian Trading period. Since three days ago the pair has been trading within a specific range. Thus the USD / JPY is hoped to keep narrowing its range as there are no major economic event in today’s […]

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Business

USD / JPY Anticipated Attracting a Pause in Selling Order as Dollar Index Shows More Weakness

USD / JPY experienced a fickled directional change, after reaching its lowest 1-day price of 126.67 during the Asian Trading period. Since three days ago the pair has been trading within a specific range. Thus the USD / JPY is hoped to keep narrowing its range as there are no major economic event in today’s […]

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Forex guide

South Africa Leading Index Rises In March

South Africa’s composite leading index increased in March, survey data from the South African Reserve Bank showed on Tuesday. The composite leading index rose 0.6 percent month-on-month to 128.0 in March from 127.2 in February. Compared to a year ago, the increase was 0.5 percent. Among the nine available components, increases in six outweighed decreases […]

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Business

The Easing of Dollar Index Causes AUD / USD Price to Rise to 0.7120, Focus Shifts to FOMC Minutes

AUD / USD is moving powerfully towards the weekly price level of 0.7127. This is because of the correction of risk-on stimuli, and the USD is losing its hold once more. AUD / USD regained all its in-day losses, and its expected to record more gains in today’s trading sessions. The strengthening of the Australian […]

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Forex guide

* South Korea Business Confidence Index 86.0 I …

South Korea Business Confidence Index 86.0 In May Vs. 87.0 In April- BoK

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Forex guide

South Korea Business Confidence Index Slips I …

Business conditions in South Korea deteriorated slightly in May, the Bank of Korea said on Wednesday with a Business Survey Index score of 86 – down from 87 in April. The outlook also fell one point, from 88 to 87. In the non-manufacturing sector, the BSI on business conditions for May was 86, up one […]

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Forex guide

* Germany May Flash Composite Output Index 54 ….

Germany May Flash Composite Output Index 54.6 Vs. 54.3 In Apr, Consensus 54.0

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Forex guide

* South Korea Consumer Confidence Index 102.6 …

South Korea Consumer Confidence Index 102.6 In May – BoK

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