FX option expiries for 12 July 10am New York cut
There’s just one notable expiry on the board for today, as highlighted in bold. That being for USD/JPY at 137.60, though the level doesn’t really offer up too much technical significance.…
ETH/USD: Erosion of Value Strikes Ethereum Speculators Again
The past few days of trading have seen ETH/USD falter as speculative resistance has proven durable and an erosion of value threatens again. ETH/USD is trading near important support levels…
Fed’s George Fed Pres. George: Speed at which interest rates should rise an open question
Kansas City Pres. Esther George on the wires saying: speed at which interest rates should rise an open question moving too fast risks over steering communicating the path for rates…
Inflation in Belarus since the beginning of the year amounted to 13.1%
Moscow. July 11th. INTERFAX.RU – The growth of consumer prices in Belarus in June 2022 accelerated to 1.1% from 0.7% in May, data from the National Statistical Committee of the country (Belstat)…
Euro flirts with parity amid fears of cutting off gas supplies from Russia
As Russia’s Nord Stream 1 natural gas pipeline is shut down for scheduled annual maintenance, some particularly unrestrained traders have thoughts floating around in their heads that Russia will completely…
Sberbank gave a forecast for oil at the end of the third quarter
The price of oil by the end of the third quarter is likely to be $110/bbl. – Sber CIB Brent oil chart at intervals of 1 day The price of oil by…
USD/JPY Technical Analysis: Strong USD with Expectations of Rate Hike
Federal Reserve officials became more determined last month to keep raising US interest rates for longer to prevent rising inflation from becoming entrenched, even if it slows the US economy. Policymakers…
USD/TRY Forex Signal: Lira Declining Near Year Low
Best selling entry points Entering a short position with a pending order from levels 17.45 Set a stop loss point to close the lowest support levels 17.65. Move the stop…
WTI Crude Oil Forecast: Oil Retesting Previous Trendline
The West Texas Intermediate Crude Oil market has rallied rather significantly during the trading session on Thursday to test the bottom of the previous trendline. We had been in a positive…
Forex Forecast: Pairs in Focus
The difference between success and failure in Forex / CFD trading is very likely to depend mostly upon which assets you choose to trade each week and in which direction, and not…