USD/JPY Outlook Mired by Failure to Defend Monthly Opening Range
USD/JPY may face a further decline over the coming days as it fails to defend the opening range for November.
USD/JPY may face a further decline over the coming days as it fails to defend the opening range for November.
The S&P 500 rose for a third consecutive session amid positive sentiment on Wall Street, but the sell-off in the cryptocurrency space likely limited risk appetite
US equities have continued to rise while FTSE lags. As the Dow Jones soars towards its highest level since 26 August. With midterms underway, can the index hold gains?
Cryptocurrency exchange Binance has signed a letter of intent to acquire rival FTX in an effort to help plug a liquidity hole
The Nasdaq 100 index extended its recent advance beyond 11000 as traders look to major event risk later this week.
USD/ZAR has recovered from the recent slump as US Dollar weakness subsides. With emerging market currencies vulnerable to a strong greenback, technical resistance firms.
The Australian Dollar looks poised to rise against the US Dollar as rumors of a Chinese policy shift on Covid circulate. China’s trade balance for October is in focus for APAC traders.
Bitcoin lost around 5% overnight as a flare-up of hostilities between crypto giants FTX and Binance hammered market sentiment.
Risk appetite has risen in recent days upon hopes of China easing up on its zero Covid strategy. But, inflation and the economy remain the chief concerns for equity markets
Cable enjoyed a bullish start to the week with further gins likely to depend on the US inflation print. Will we see a return of dollar bulls?