Ichimoku Kinko Hyo CNH/JPY: The CNH/JPY pair is trading above the Kumo…
European stocks moved higher in the beginning of the session on Tuesday
Information is not investment advice
Ichimoku Kinko Hyo
EUR/JPY: The EUR/JPY pair is about to surpass the Tenkan Sen level. If that happens, the bullish sentiment most likely will be in force.
US Market View
European stocks moved higher in the beginning of the session on Tuesday, following the trend of the markets in the United States and Asia Pacific.
The United States dollar dropped, and the Australian dollar and Chinese yuan rose after the U.S. and China both hailed a phone call between their senior trade officials as a success.
US Key Point
- European stocks moved higher in the beginning of the session.
- The United States dollar dropped.
A United Nations agency is warning that the central bank’s actions create a high risk of pushing the global economy into recession.
Inflation in New Zealand is the highest since 1990, edging to 7.3% in Q2 2022. The currency is under heavy pressure as the Reserve Bank of New Zealand is trying to reverse the inflationary spiral. The week ahead will give us a valuable clue about the country’s monetary policy, and we are here to talk about that.
In the middle of September 2022, the Canadian dollar has fallen to a 2-year low against the USD.