United Kingdom Rightmove House Price Index (YoY) climbed from previous 1.8% to 2.8% in July

AUD/USD a star performer, sights on the 2015 high near $0.8165 – BBH

Analysts at Brown Brothers Harriman explained that the Australian dollar appreciated every day last week and gained 2.8% against the US dollar.    Key Quotes: "The rally carried the Aussie to its best level since April 2016.   A move now above $0.7850 would encourag ...

Abnormal but not unprecedented USD/NOK move

USD/NOK ADX(14) has just crossed above the key level 50, emerging from the low 30 levels in the previous session.This event is abnormal but not unprecedented. It sets a scene from a positioning perspective where there is a big imbalance in the supply/demand equation, causing price to quickly searc ...

United Kingdom Rightmove House Price Index (MoM) climbed from previous -0.4% to 0.1% in July

AUD/NZD is hitting a ceiling

Although the 50- and the 200-period SMAs are positively aligned, the upside in AUD/NZD has stalled in recent trading.A 4hr stochastic above its median line don’t necessarily favours a liquidation of long-term buy positions, but the 1-hour stochastic is increasingly pointing that it could be ...

Fed has to be cautious about recent softness in inflation – ANZ

Analysts at ANZ explained that in her testimony this week, Fed Chair Yellen seemed to hint that she was starting to second-guess whether the recent softness in inflation was just due to transitory factors. Key Quotes: "The latest CPI figures arguably added to the convoluted picture. Some o ...

Dollar dropped to lowest level since last October – BBH

The Dollar Index finished the week at its lowest level since last October.   Key Quotes: "The possible double bottom pattern that had appeared to be forming was dashed as it did not rise above the neckline before breaking down to new lows.  Support near 95.00 is mild but is stronge ...

Focus is back to central banks – Westpac

Analysts at Westpac explained that the central banks have exhibited a hawkish tilt of late, sending bond yields higher.  Key Quotes: "The Bank of Canada raised rates from 0.50% to 0.75%, the first hike since 2010." "The Bank of England left rates on hold at 0.25%, but 3 of ...

Israel stocks higher at close of trade; TA 35 up 0.27%

Investing.com – Israel stocks were higher after the close on Sunday, as gains in the Real Estate, Biomed and Technology sectors led shares higher. At the close in Tel Aviv, the TA 35 added 0.27% to hit a new 3-months high. The best performers of the session on the TA 35 were Sodastream ...

Bitcoin slides to $1,900, Ethereum sinks to $150 as selling continues

Investing.com - Prices of Bitcoin and Ethereum extended their recent decline on Sunday, with both sinking to fresh multi-month lows amid ongoing chatter of a cryptocurrency bubble. Bitcoin fell below the $2,000-level for the first time in several weeks as investors remained wary of initiating larg ...

Gold / Silver / Copper futures – weekly outlook: July 17 – 21

Investing.com - Gold prices rose to two-week highs on Friday as weak U.S. inflation data added to doubts over whether the Federal Reserve would raise interest rates for a third time this year. Gold futures for August delivery ended up 0.95% at $1,228.88 on the Comex division of the New Yor ...

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