USD/JPY OUTLOOK:USD/JPY jumps after U.S. PMI information surprises to the upsideRobust financial exercise boosts Treasury yields throughout the curve, reviving expectations for “higher-for-longer” rates of interestS&P World Composite PMI clocks in at 53.5...
GBP/USD AND USD/JPY TECHNICAL OUTLOOKGBP/USD rises, however bullish momentum seems to be waning as costs probe key cluster resistance areaUSD/JPY extends its advance after breaking above its 50-day shifting commonThis text appears to...
CANADIAN DOLLAR, NASDAQ 100 OUTLOOK:Canadian greenback weakens, pressured by decrease oil costs and the broader U.S. greenback reboundUSD/CAD breaks above its 200-day easy shifting common, a constructive signal for bullsNasdaq 100 slides, with...
S&P 500 OUTLOOK:S&P 500 rallies and closes at its finest degree since February 15, with the patron discretionary and communications sectors main positive factors on Wall RoadWeaker-than-expected wholesale inflation boosts constructive sentiment, rising...
LONG-TERM BONDS LOOK ATTRACTIVE IN Q2The U.S. economic system has been extraordinarily resilient regardless of the Fed’s fast-and-furious tightening marketing campaign geared toward choking inflation. Repeatedly, labor market information has shocked to the...
EUR/USD Technical Forecast: Unattractive Worth Motion for NowThe euro pushed increased towards the U.S. greenback through the first quarter of 2023 and briefly reached its greatest degree since April 2022 in early February....