Expert Technical Fundamental Insights 29.10.2024

EURUSD EURUSD traded slightly weaker today at 1.0809 amid tight volatility. This currency pair is unlikely to have stronger volatility before Wednesday with more economic numbers from EZ. In the meantime, weaker rates by ECB were already priced in, not to forget that the demand for USD remained robust. MoM, EURUSD fell by almost 3, […]
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STOXX 600 Inches Higher Led by Banks; Mixed Earnings Cap Gains

HSBC rises after Q3 profit beat German consumer confidence improves to 18.3 Sweden39;s economy shank 0.1 in Q3 STOXX 600 up 0.2 Oct 29 Reuters Europe39;s benchmark index inched marginally higher on Tuesday, boosted by bank stocks after HSBC39;s upbeat thirdquarter earnings, although poor reports from other regional companies kept a lid on gains. The […]
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Yen Slumps as Japans Election Clouds Rate Rise Prospects

Dollaryen hits 153.88 Dollar index eyes largest monthly rise since 2022 AUD, NZD touch 212 month lows SINGAPORE, Oct 28 Reuters The yen sank to a threemonth low on Monday as investors figured the loss of a parliamentary majority for Japan39;s ruling coalition in weekend elections would slow interest rate rises, while the U.S. dollar […]
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South African Rand Flat; MidTerm Budget Weeks Highlight

JOHANNESBURG, Oct 28 Reuters South Africa39;s rand was little changed in early trade on Monday, with Wednesday39;s midterm budget the main focal point for investors this week. At 0720 GMT the rand traded at 17.67 against the U.S. dollar , not far from its previous close of 17.6725. The dollar was also broadly flat against […]
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Expert Technical Fundamental Insights 28.10.2024

  EURUSD After falling by 0.28 in a week, EURUSD started a new trading week weaker at 1.0787, threemonth low. As the US economic data kept improving, showed the resilience of the US economy, the demand for USD remained intact while EZ economy has not yet fully improved, mainly in Germany, EZs biggest economy. The […]
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