Advika

US Dollar (USD) is expected to trade in a 7.2550/7.2900 range. In the longer run, current price movements are likely part of range trading, probably between 7.2400 and 7.2900, UOB Group’s FX analysts Quek Ser Leang and Lee Sue Ann note. Current price movements are likely part of range trading 24-HOU

Equity markets are charging to new record highs, with the S&P 500 up 28% year-to-date and the NASDAQ Composite crossing the key 20,000 mark, up 34% this year. The rally is underpinned by a potent mix of drivers: Cooling inflation and Fed pivot: Easing inflation has fueled expectations that the F

#EURCHF# 1. Support and resistance levels 2. Trend lines 3. Reversing patterns. 4. Interest rates Swiss National Bank

USD/JPY traded higher this week after PM Ishiba told parliament that the government is not considering revising a long-standing agreement between BoJ and the government as Japan has not escaped deflation yet. He also added that BoJ’s monetary policy doesn’t aim to move FX. USD/JPY rose to a high of

Nothing new in the game as the European currency maintains levels above 1,05, avoiding further losses but at the same time unable to develop an upward momentum at the moment. Yesterday's very poor agenda brought nothing new to the table with the exchange rate being limited to a narrow range of fluct

Outlook Today the calendar includes the NY Fed survey of consumer inflation expectations, among other secondary releases, and in earnings, Oracle. Mexico reports CPI. Not only do we get a plateful of central bank meetings this week, we also get US CPI (Wednesday). Given the decent payrolls on Friday

AUD/USD trades in positive territory near 0.6400 in Monday’s early Asian session. US Nonfarm Payrolls was stronger than expected in November, rising by 227,000 vs. 36,000 prior. The RBA is expected to hold the interest rate steady at 4.35% at its meeting on Tuesday. The AUD/USD pair gains ground to

The week is about to come to an end, and we have a look at what next week has in store for the markets. On Monday we make a start with Japan’s revised GDP rate for Q3 and October’s current account balance, while from China we get the November inflation metrics and later on we get Eurozone’s December

The single European currency is trading just above the 1,05 level in the early hours of Thursday with investors remaining on the sidelines, avoiding taking big bets ahead of tomorrow's very crucial day with the announcement of new jobs in US. The exchange rate, without any major surprises, remained

This week begins with November's PMI releases for several CEE countries. The Economic Sentiment Indicator published last week suggests a slowdown in economic activity at the end of 2024. Furthermore, the GDP breakdown for 3Q24 will be known for all CEE countries by the end of the week. Serbia will b