
Ichimoku Kinko Hyo CHF/JPY: The pair is trading above the cloud…
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GBP/JPY: The pair is trading above the cloud. An upward pressure would lead the pair to exit further the cloud, confirming a bullish outlook.
XAU/USD: Gold after further weakness is trading below 23.6% retracement area.
World stock markets were fighting for a fourth day of gains on Thursday as a near one-year high in oil prices, a revitalized dollar and rising bond yields refocused attention on inflation and normalizing economies. Oil prices continued to test new highs overnight without breaking through, in the wake of an OPEC meeting that delivered no surprises on output policy.
With the WallStreetBets/Reddit retail trading tumult having eased this week, markets were back in their comfort zone of corporate earnings, economic data, and central bank meetings. Treasury Secretary Janet Yellen may meet with U.S. financial regulators to discuss the implications of the frenzied trading in a handful of heavily shorted stocks over the last couple of weeks.
New U.S. President Joe Biden had told House Democrats on Wednesday he was more concerned that too little would be provided rather than too much when it came to economic relief.
The dollar hit its highest level in two months as a brightening outlook for the U.S. economy pushed bond yields higher.The dollar gained most against the euro, which fell below $1.20 on perceptions that the two regions’ rollout of vaccines and the extent of their lockdowns both point to U.S. outperformance in the next couple of months.
Ichimoku Kinko Hyo CHF/JPY: The pair is trading above the cloud…
Ichimoku Kinko Hyo AUD/JPY: The pair is trading above the cloud…
While the oil cartel member country leaders meet to decide on the supply increase quantity, WTI oil price moved up a bit. What are we in for?
Ichimoku Kinko Hyo CHF/JPY: The pair is trading above the cloud…
Ichimoku Kinko Hyo AUD/JPY: The pair is trading above the cloud…
While the oil cartel member country leaders meet to decide on the supply increase quantity, WTI oil price moved up a bit. What are we in for?
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