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25

Jun 2024
Forex Market Analysis: EUR/USD Steady Amid French Election

CURRENCIES EUR/USD analysis: EUR/USD stabilizes above 1.0700 despite political uncertainty. Trades below 200 SMA; lower bound at 1.0643, April low at 1.0600. Key events: US GDP data and PCE on Friday. Bond spreads: European bond yields in focus ahead of …

18

Jun 2024
Forex Market Analysis: French Debt Concerns for EUR/USD

CURRENCIES Euro (EUR/USD) analysis: Focus shifts to Europe, particularly France, ahead of elections. Uncertainty surrounds whether the ECB will act to calm widening bond spreads given France’s debt load. EUR/USD fails to capitalize on Monday’s reprieve; downside risks remain. Analysis …

13

Jun 2024
Forex Market Analysis: USD & US Equities Post-FOMC Insight

CURRENCIES USD and US Equities Post-FOMC Analysis Fed trims rate cut expectations due to higher inflation forecasts. USD regains some strength on hawkish projections. US equities rally on lower yields and USD despite inflation concerns. Fed’s Decision on Rate Cuts …

11

Jun 2024
Forex Market Analysis: BoJ Bond Tapering Sparks Yen Surge

CURRENCIES Potential BoJ Bond Tapering: Speculation about BoJ cutting back bond purchases during Friday’s policy meeting. BoJ currently purchases around Yen 6 trillion a month of Japanes Government Bonds (JGBs) to keep rates low. If BoJ reduces purchases, Japanese Yen …

7

Jun 2024
Forex Market Analysis: US Dollar Weakens as Treasury Yields Decline

CURRENCIES US Dollar Decline: US Treasury yields remain in a downtrend, weakening the dollar. US 2-year yields are nearing a two-month low. The dollar index trades below key levels: 200-day SMA, 38.2% Fibonacci retracement, and recent trend support. Friday’s US …

5

Jun 2024
Forex Market Analysis: Dollar Setups Amid Economic Woes

CURRENCIES US Dollar Setups: Analyzing EUR/USD, AUD/USD, and USD/CHF. Path for a lower Dollar as economic data deteriorates. Focus on EUR/USD ahead of ECB rate cut. Dollar bulls eye lower AUD/USD amid waning risk appetite. Swiss Franc advances, overheating signals …

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