USD/JPY and EUR/JPY Prices, Charts, and Analysis:USD/JPY The price testing the 50-day and 100-day moving averages remains bullish above the 130.00 sentiment level.euro/yen Note the breakout of the triangle pattern that could drive a significant upward move.both EUR/JPY and USD/JPY Faced with technical hurdles, but in the face of price action, the fundamentals support a further upside narrative in the case of EUR/JPY.For more information price action, chart pattern and moving average,check out DailyFX Education Section. Recommended by Zain Vawda Download the Newly Released Second Quarter Yen Forecast Japanese Yen FundamentalsThe Japanese Yen posted a somewhat timid move at the…
Author: finvestadmin
Forex exchanges that use the Central Limit Order Book (CLOB) system to match buyers and sellers have seen double-digit growth in activity in 2022.The CLOB approach is used by most exchanges and is offered as an alternative to asking for quotes. This will allow all kinds of participants to trade anonymously with each other in real time. The closer you get to the best bid and ask at any given time, the faster your trades will execute.Some market participants said the importance of firm pricing in a volatile market was one of the reasons for the rally.Jeff Ward, Global Head…
In the daily USDCAD chart below, we can see that the pair sold off after breaking through the key support level of 1.3664, largely aided by rising oil prices. yesterday, Gap up oil On the heels of a surprise cut by OPEC+ on Sunday. The Federal Reserve (Fed) is expected to end its hiking cycle at its May meeting without terrible economic data, and with the market trading on interest rate expectations at the moment, the U.S. I’m under pressure. Only very ugly economic data can help the US dollar at this point as the market switches from interest rate…
GBP is the strongest, AUD is the weakestWhen the NA session begins, GBP is the strongest and AUD is the weakest. The RBA kept rates on hold at 3.6% as expected, but the central bank left open the possibility of resuming rate hikes in the future if financial market volatility were blown away. The AUD is battling the JPY as the weakest currency at the start of the North American session. GBP was torn higher in the European session after consolidating in the Asian session. GBPUSD moved above his key swing area between 1.24225 and 1.2445, opening the door for…
polish retailers Foreign exchange (FX) and Contracts for Difference (CFD) markets will reach record-breaking volume in active customers, P&L in 2022, and for the first year in a row. Profits generated he exceeded PLN 500 million ($117 million), while losses amounted to almost PLN 2 billion ($467 million).According to a report issued by the Polish Financial Supervisory Authority, PFSA or KNF, customer profits in 2022 reached a record value of 519,476,766 PLN. This is PLN 100 million higher than the previous year and double that of 2020. In the pre-pandemic period, when private investor activity was fairly low, this is…
US futures Dow Futures +0.08% 33593 S&P Futures +0.25% 4133 Nasdaq Futures +0.3% 13183 in Europe FTSE +0.18% to 7685 Dax +0.96% at 15715 Focus on US Factory Orders and JOLTS Jobs Oil prices boost profits GBP rises with BoE Hue Pill to speak JOLTS vacancies and order deadlines for US factories U.S. stocks start slightly higher after yesterday’s mixed trading as investors continue to digest higher oil prices that could impact the Fed’s interest rate performance and hope for more data I’m here. Rising oil prices have made the Fed’s job of containing inflation more complicated. This could…
Weaker-than-expected factory orders (-0.7% vs -0.5% est, last month’s revision fell to -2.1% from -1.6%) and JOLT job openings at 9.931 million vs. 10.4 million estimates, with U.S. yields decreased. The two-year yield is down 13 basis points to 3.85%. The 2-year yield rose again after he hit a cycle low of 3.555% on March 24th. Friday’s high yield hit 4.172% before turning down.The Dow Jones Industrial Average is currently down -0.23%, and US stocks are turning down. The NASDAQ Index is down -0.18% and the S&P is down -0.14%.In the foreign exchange market, of EURUSD It surpassed the top…
(Yicai Global), April 4 — E-House China Enterprise Holdings’ shares fell yesterday after Alibaba Group Holdings, the property service provider’s second largest shareholder, defaulted on its US$300 million bond, almost a year after it defaulted. It surged after it endorsed a debt restructuring plan. E-House Inventory [HKG: 2048] Yesterday it closed 58% higher at 61 HK cents ($8). It fell 6.6% to 57 HK cents. E-House will use most of its stake in its unit TM Home to pay off its bonds, the Shanghai-based company’s debt restructuring plan revealed yesterday. He also added that for every $1,000 of debt he…
abrdn’s AIPUT Fund (Airport Industrial Property Unit Trust) has announced that it has submitted a planning application for its London Heathrow Radius Park campus. ‘) was recently secured at Wells Fargo Bank. The project marks the beginning of a new chapter in the Fund’s strategy to provide highly desirable, low carbon and high energy performance logistics warehouses that will have a positive impact not only at the local level but also for UK plc. . Two warehouse units (to be marketed as RP6) adjacent to AIPUT’s premier Radius Park campus have been comprehensively stripped and recladding into steel framing to…
Published: April 4, 2023 at 8:14 AM ET Revlon Inc. REVRQ said Tuesday it plans to emerge from Chapter 11 bankruptcy in late April after restructuring its debt. The cosmetics company said it has slashed more than $2.7 billion of debt from its balance sheet, leaving about $1.5 billion in outstanding debt. Revlon emerges with his $285 million in liquidity. It no longer trades as a public company. The bankruptcy court for the Southern District of New York has approved the company’s restructuring plan, the company said. “Our new capital structure and increased liquidity will allow us to continue to…
