Gold prices down in Asia on cautious trade as Fed views awaited

Investing.com - Gold futures dipped in Asia on Wednesday with sentiment on edge ahead of the latest review of interest rates by the Fed. Comex gold futures fell 0.36% to $1,247.64 a troy ounce. The U.S. dollar index, which measures the greenback’s strength against a trade-weighted basket of six ...

Japan Corporate Service Price (YoY) in line with forecasts (0.8%) in May

Dollar holds gains in Asia as Fed view on rates awaited

Investing.com - The dollar held overnight gains into Asia on Wednesday with the Fed expected to announce its views on rates The U.S. dollar index, which measures the greenback’s strength against a trade-weighted basket of six major currencies, rose by 0.11% to 93.92. The Federal Reserve Open Market ...

Crude holds gians in Asia on upet views on output cuts, inventories

Investing.com - Crude held gains in to Asia on Wednesday with markets getting a burst of upbeat news on global supply cuts and inventories. On the New York Mercantile Exchange crude futures for August delivery were quoted at $48.85, up 1.17%, while on London's Intercontinental Exchange, Brent wa ...

API reports sharp drop in U.S. crude inventories, gasoline build

Investing.com - U.S. oil stocks dropped a sharp 10.23 million barrels at the end of last week, the American Petroleum Institute estimated on Tuesday, with the figure far exceeding an expected 3.0 million barrels decline. Gasoline supplies rose 1.9 million barrels following a large draw of 5.4 ...

NZD/USD: in a minor recovery awaiting key risk events on 0.74 handle

Currently, NZD/USD is trading at 0.7418, up 0.02% on the day, having posted a daily high at 0.7426 and low at 0.7415. NZD/USD has recovered out of the short term bearish drift on the five-minute sticks with little reaction to the NZ trade balance for June that arrived in NZD terms of 242m vs th ...

New Zealand Trade Balance (MoM) rose from previous $130M to $242M in June

New Zealand Imports came in at $4.46B, above forecasts ($4.39B) in June

New Zealand Trade Balance (YoY) registered at $-3.66B above expectations ($-3.7B) in June

New Zealand Exports above forecasts ($4.6B) in June: Actual ($4.7B)

AUD/NZD to resume the uptrend? – ANZ

Analysts at Westpac suggest that for AUD/NZD for today, there are early signs of a possible resumption of the uptrend and offered their outlook for the longer-term and rates. Key Quotes: "AUD/NZD 1-3 month: Higher towards 1.09. The cross remains below fair value estimates implied b ...

USD/CAD closed hesitant to pick direction

The emergence of a Southern doji pattern on the USD/CAD daily chart suggests a certain degree of exhaustion in the market.During a decline, this candlestick pattern usually changes the market's short-term trend from down to neutral. In this case, with the RSI below 30% on this time frame, th ...

USD/SEK hammered support

A hammer reversal pattern hints that bearish momentum may be slackening in USD/SEK.The pattern emerged on the daily chart where the Percentage Price Oscillator - a normalized MACD- has been printing below -1. While the oscillator is not at its extremes, there is a real threat of prices moving no ...

USD/HUF hammered support

A hammer reversal pattern hints that bearish momentum may be slackening in USD/HUF.The pattern emerged on the daily chart where the Percentage Price Oscillator - a normalized MACD- has been printing below -1. While the oscillator is not at its extremes, there is a real threat of prices moving no ...