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The US Dollar Index (DXY) rises near the 99.65 area as traders react to conflicting US-China trade signals.Hopes of tariff relief and Fed rate cuts lift sentiment despite China denying any current negotiations.Resistance is seen at 99.92 and 100.95 for the DXY with technical indicators painting a mi

Japanese Yen (JPY) is entering Thursday’s NA session with an impressive 0.8% gain, outperforming most of the G10 currencies on the back of mild risk aversion, Scotiabank's Chief FX Strategist Shaun Osborne notes. US specifically highlights FX "Wednesday’s comments from US Treasury Secretary Bessent

The charts provided by the analyst focus on the relationship between the Euro and the Pound Sterling, both directly (EUR/GBP) and indirectly (relative strength of EUR/USD vs. GBP/USD). This approach allows for a multi-faceted perspective on the currency pair's dynamics. The charts enable observation

Hello everyone! In today’s article, we’ll examine the recent performance of Microsoft Corp. ($MSFT) through the lens of Elliott Wave Theory. We’ll review how the decline from the July 05, 2024, high unfolded as a big 3-swing correction and discuss our forecast for the next move.

Bulls show initial signs of fatigue on approach to key barrier at 1.3434 (2024 high of Sep 26) after repeated failure to hold gains above 1.3400 handle. Strongly overbought conditions on daily chart signal that the recent rally of eleven straight days might be running out of steam. Dips were so far

On April 25, 2025, the U.S. Securities and Exchange Commission (SEC) will convene its third crypto policy roundtable, themed “Know Your Custodian: Key Considerations for Crypto Asset Custody.” The meeting aims to explore in depth issues surrounding compliance, transparency, and security in crypto as

Japanese Yen (JPY) is weak, down 0.5% vs. the US Dollar (USD) and underperforming all the G10 currencies along with its haven peer Swiss Franc (CHF). US/Japan talks proceeding well "The bulk of the yen’s losses appear to have coincided with the release of trade data for March, which showed better th

The European Central Bank's cut today is largely priced in and eventually the central bank is seen cutting rates to accommodative territory by year-end. Even if the ECB wanted to cautiously push back against overly dovish expectations, the uncertain backdrop provided by trade tensions will make it v

On Wednesday 5 March, the 10-year Bund yield increased 30bp, the biggest rise since the fall of the Berlin Wall. It continued to move higher the following days, reaching a peak on 11 March. The trigger was the announcement by Friedrich Merz (CDU) and the heads of the CSU and SPD during an evening pr

The single European currency is trying to approach the level of 1,14 again, having absorbed a significant part of yesterday's losses, where it temporarily fell well below 1,13. The European currency's decline of almost 200 basis points from Friday's high of 1.1475 partially confirmed my idea to main

Euro (EUR) is likely to trade in a range between 1.1280 and 1.1400 vs US Dollar (USD). In the longer run, further EUR strength is not ruled out, but it may first range-trade for a couple of days, UOB Group's FX analysts Quek Ser Leang and Peter Chia note. Further EUR strength is not ruled out 24-HOU

Global Trading Competition Season 16 Followme Trading Competition is an event aimed at global traders. The competition adheres to the concept of "discovering excellent traders and spreading quality trading strategies," upholding the principles of openness, fairness, and justice, and aims to provide