Tag: Downtrend

S&P 500: Did Powell Simply Spark a New Downtrend?

Yesterday was a kind of days when Jay Powell ought to have handed on its newest interview session. The message was obscure, and he didn’t appear to have many solutions at instances. What is...

Hotter US Inflation Reignites EUR/USD Downtrend, EUR/GBP Eases

Euro (EUR/USD, EUR/GBP) EvaluationMinutes Counsel the ECB is Content material with Charges, Centered on the Economic systemECB minutes revealed it was a detailed name to boost rates of interest for the tenth and...

Japan doubtless will not intervene to reverse yen downtrend – Japan ex-top FX diplomat

Japan former high foreign money diplomat Naoyuki Shinohara spoke with Reuters. Highlights:Japan doubtless will not search to reverse the yen's downtrend with exchange-rate intervention as latest falls mirror financial fundamentals, former high foreign money...

Looming Debt Ceiling Deal to Go away Greenback Locked in Downtrend

By Mike Gleason, Cash Metals Alternate Because the debt ceiling struggle in Washington heads all the way down to the wire with the danger of a technical default looming, traders are rising nervous....

Lengthy-Time period Downtrend Stays however Indicators of Fatigue Seem

For many of Q1 2023 WTI crude oil costs oscillated between two very essential ranges as merchants tried to gauge the longer-term course of the commodity. The extent of resistance at $82.50 supplied...

NZD/USD – Soc Gen say to watch 0.6010/0.6060 for signal to continue downtrend

Société Générale on the New Zealand dollar. Analysts at the bank say the recent interim NZD/USD low "near the lower limit of a multi-month down sloping channel at 0.5565" also coincides with a...

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