Ichimoku Kinko Hyo CNH/JPY: The CNH/JPY pair is trading above the Kumo…
EUR/USD higher but stalling ahead of the October highs
Information is not investment advice
Ichimoku Kinko Hyo
AUD/JPY: The pair is trading in a bearish sentiment below the cloud. The currency pair has just surpassed the Kijun-sen and the Tenkan-sen, confirming a bearish momentum.
XAG/USD: Silver gains and moves above 50% level. It seems that bulls will gain.
US Market View
Wall Street's main indexes opened higher on Tuesday as investors were hopeful of more stimulus from Washington, with Senate Republicans preparing to vote on a bill to help small businesses hammered by the COVID-19 pandemic.
US Key Point
- Philadelphia Fed nonmanufacturing activity diffusion index for October 25.3 from 20.4
- US housing starts for September comes at 1.415M vs 1.457M than estimate
In the middle of September 2022, the Canadian dollar has fallen to a 2-year low against the USD.
The US dollar index has all chances of reaching the 2000s high of 120.00.
Many investors treated gold as a protection against inflation. However, last week, gold lost its major support and dropped despite rising inflation. Why did it act like this?