Forex Archives - Prices Inn

1 Minute

Forex

Get out of currencies with high-interest rates to arm against a crisis of the financial system – Commerzbank

News March 21, 2023 0 Comment

Share: How risky are EM currencies? Economists at Commerzbank analyze which currencies are more vulnerable to a coming crisis of the financial system. For currencies with high-interest rates, central banks have more...

2 Minutes

Forex

There is no way around a stronger Dollar

News March 21, 2023 0 Comment

Share: Fears of systemic risk in the banking sector Lately, fears of systemic risks in the banking sector has been the most prominent and important market theme. The collapse of the regional...

1 Minute

Forex

USD Index Price Analysis: There is a minor support at 102.58

News March 21, 2023 0 Comment

Share: DXY remains well on the defensive and threatens 103.00. Further losses could see the weekly low at 102.58 revisited. DXY adds to the ongoing decline and puts the 103.00 region to...

3 Minutes

Forex

The commodities Feed: Gold benefits from haven demand

News March 21, 2023 0 Comment

Share: Broader market concerns are having the impact you would expect, risk assets, including the bulk of the commodities complex, are coming under pressure, while gold is benefitting from stronger safe-haven demand. This...

0 Minutes

Forex

USD Index: Sustained break below the 103.25/35 zone would signal more weakness ahead – Scotiabank

News March 21, 2023 0 Comment

Share: The US Dollar Index (DXY) has moved below the 103.25/35 region. A sustained break under this zone would signal more losses ahead, economists at Scotiabank report. Seasonal patterns turn more USD-negative...

2 Minutes

Forex

EUR/USD extends the uptrend, targets the March top near 1.0760

News March 21, 2023 0 Comment

Share: EUR/USD adds to the recent breakout of 1.0700. Germany, EMU Economic Sentiment due next in the docket. The Fed is widely expected to hike rates by 25 bps on Wednesday. The...

2 Minutes

Forex

EUR/USD: The downgrade from Fed’s expectation strengthens the Euro

News March 21, 2023 0 Comment

Share: The single European currency seems to be trying to consolidate at the level of 1,07 and so far it is moving mildly upwards as the expectations of the Fed meeting which...

1 Minute

Forex

US Oil: Bears have completed the impulse, bulls have started forming a correction

News March 21, 2023 0 Comment

Share: USOIL suggests the construction of the final part of the primary wave Ⓩ, which is part of a large triple zigzag. This wave may take the form of a double zigzag...

1 Minute

Forex

NZD/USD: Further strength seems in the pipeline – UOB

News March 21, 2023 0 Comment

Share: According to UOB Group’s Economist Lee Sue Ann and Markets Strategist Quek Ser Leang, NZD/USD could edge higher and revisit the 0.6310 level and above in the near term. Key Quotes...

4 Minutes

Forex

Europe set to open cautiously higher

News March 21, 2023 0 Comment

Share: After opening the week lower, European stocks recovered early losses to finish the day higher yesterday, as markets tried to absorb the events of the weekend, and the $3bn absorption of...