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Swiss Franc-Remembering That Dream
Article By:
Michele Schneider
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Wednesday, April 17, 2024 7:30 PM EDT
With long bond yields softening a bit and the US dollar coming off its recent highs, I thought it might be fun to revisit this dream and update you on the current daily chart analysis.
Crude-Crash Saves Stocks From CTA-Slaughter; Bonds Bid But Bitcoin Battered
Article By:
Tyler Durden
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Wednesday, April 17, 2024 6:48 PM EDT
A volatile day for markets (relatively speaking) with crude and crypto the high- low-lights. Oil was drifting lower early on amid a larger crude stockpile build but then Maduro and SPR headlines hit and the price plummeted to three-week lows...
AUD/USD Price Analysis: Picks Up Amid China’s Economic Growth
Article By:
Yohay Elam
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Wednesday, April 17, 2024 9:22 AM EDT
China’s economy grew more than expected in the first quarter. Fed policymakers pushed back expectations for rate cuts. Powell noted that the US economy needs a restrictive policy for a bit longer.
GBP/USD Forex Signal: High UK CPI Makes Consolidation Less Bearish
Article By:
Adam Lemon
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Wednesday, April 17, 2024 8:27 AM EDT
A potential short trade from the $1.2500 area looks interesting.
Elliott Wave Technical Analysis: British Pound/Japanese Yen - Wednesday, April 17
Article By:
Peter Mathers
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Wednesday, April 17, 2024 8:02 AM EDT
The analysis provides insights into potential price movements of the British Pound against the Japanese Yen, utilizing Elliott Wave principles for technical analysis.
The Dollar Index Is Successfully Maintained Above 106.00
Article By:
Finance Brokerage
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Wednesday, April 17, 2024 7:50 AM EDT
The new annual high value of the dollar index was formed on Tuesday at the 106.51 level. We remain below that level today and slowly move away to the bearish side.
In this article: UUP
G10 FX Talking: The Dollar’s Divergent Path
Article By:
ING Economics
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Wednesday, April 17, 2024 5:22 AM EDT
An increasing number of central banks within the G10 bloc are looking at cutting rates this year. The Fed would like to join them, but strong US activity and especially inflation data means that plans for a summer cut will have to be shelved.
Two Trades To Watch: GBP/USD, DAX Forecast - Wednesday, April 17
Article By:
Fiona Cincotta
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Wednesday, April 17, 2024 5:15 AM EDT
GBP/USD attempts to recover after CPI cooled less than expected.
A Falling Euro Is Not The ECB’s Biggest Headache
Article By:
Carsten Brzeski
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Wednesday, April 17, 2024 4:20 AM EDT
Along with rising speculation of EUR/USD approaching parity, the old question of how the European Central Bank should react to exchange rate movements is returning.