Analisis

US debt limit accord reached, still to be voted on

US debt limit accord reached, still to be voted on

Asian session cautious despite US debt ceiling deal. UK interest rate concerns rise. Sparse UK data. Global focus on inflation. Eurozone data awaited. China's PMI signals growth slowdown. US, UK return after holiday. Pound stable. 10-year Treasury yields fall, 2-year yields stable.
Moneta Markets | 596 hari yang lalu
EUR: Limits to this move lower.

EUR: Limits to this move lower.

The relative fundamental divergence ahead remains more EUR/USD supportive. I acknowledge that relative macroeconomic conditions have become less supportive of a decline in the US dollar.
ACY Securities | 596 hari yang lalu
Has silver reversed?

Has silver reversed?

Expert market comment from senior analyst Alex Kuptsikevich of the FxPro Analyst Team: Has silver reversed?
FxPro | 596 hari yang lalu
The Underlying Reasons for the Yen's Ongoing Struggles

The Underlying Reasons for the Yen's Ongoing Struggles

The Japanese yen (JPY) struggles due to low interest rates by the Bank of Japan, a strong Nikkei stock market, China's recovering economy, and positive US outlook. Future pressures include the BoJ's stance, the Nikkei's strength, China's role, and the US debt ceiling. The yen's weakness in Q2 2023 reflects interconnected factors.
Moneta Markets | 597 hari yang lalu
JPY: Why so weak?

JPY: Why so weak?

There are multiple factors contributing to the weakness of the JPY. Moreover, investors have shown a confident outlook on the US debt ceiling negotiations, adding to the JPY's weakness.
ACY Securities | 597 hari yang lalu
Yes Agreement In Principle

Yes Agreement In Principle

And the great relief of the US Debt Ceiling resolution is at hand. Much as most had expected, an eventual agreement at the last moment. Though this writer had doubts.
ACY Securities | 597 hari yang lalu
Bitcoin has exhaled on debt

Bitcoin has exhaled on debt

Expert market comment from senior analyst Alex Kuptsikevich of the FxPro Analyst Team: Moving Past Debt-Ceiling Woes, Bitcoin Turns Attention to Bigger Issues
FxPro | 597 hari yang lalu
UK retail sales increased at the start of Q2

UK retail sales increased at the start of Q2

Asian markets rise on US rally. US debt ceiling progress reported. Tokyo inflation falls, favoring BoJ stimulus. UK retail sales show positive start to Q2. No major Eurozone data. US personal spending expected to grow. Weaker US dollar, GBP/USD gains. Gilt yields up on rate hike speculation.
Moneta Markets | 600 hari yang lalu
US Dollar Soars, Strong Economic Data Outweighs Debt Concerns

US Dollar Soars, Strong Economic Data Outweighs Debt Concerns

Better-than-expected US economic data lifted the Dollar higher even as the debt ceiling talks failed to generate an agreement. Claims for Unemployment benefits in the latest week fell to 229,000, bettering estimates at 242,000. US Q1 GDP rose by 1.3%, up from 1.1% previously.
ACY Securities | 600 hari yang lalu