July 2022 – Page 53 – UAG Trade Asia

USD/CAD Technical Outlook: Working on Finally Developing a Sustainable Trend

USD/CAD has been swinging around in a large range for the better part of the last year, but appears it could be shifting towards a breakout that leads to a trend.

July 6, 2022
Oil
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Recession fears continue to cap price gains Dollar holds at 20year high against the euro China reports new COVID cases across the country Oil production affected by Norway strike to return within days Russian court orders halt to Caspian oil pipeline LONDON, July 6 Reuters Oil prices rose on Wednesday, clawing back some of Tuesday39;s […]

July 6, 2022
Uncategorized
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TOKYO, July 5 Reuters Japan39;s services sector activity expanded at the fastest pace in over eight years in June as the easing of coronavirus curbs boosted sentiment among businesses such as those in tourism. The pickup in activity is welcome news for a government betting on domestic demand to put the world39;s thirdlargest economy firmly […]

July 6, 2022
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TAIPEI, July 5 Reuters Taiwan39;s Foxconn, the world39;s largest contract electronics maker, raised its fullyear business outlook on Monday thanks to strong sales of smartphones and servers despite concerns of slowing demand due to rising inflation. Like other global manufacturers, the Taiwanese firm has grappled with a severe shortage of chips, which has hurt smartphone […]

July 6, 2022
Finance
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Bloomberg has taken home WatersTechnology’s Best Data Analytics Provider award – arguably the most closely contested this year – with our Risk & Investment Analytics solutions delivering the win.

July 6, 2022
Finance
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Oil, Europe equity futures steady after steep drop Euro huddles at 20yr low; sterling squeezed China stocks slip on fresh Shanghai virus outbreak TOKYOSINGAPORE, July 6 Reuters Asian stocks fell and the dollar stood by a twodecade high on the euro on Wednesday as investors39; fears deepened that the continent is leading the world into […]

July 6, 2022
Finance
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SINGAPOREHONG KONG, July 6 Reuters The dollar stood tall on Wednesday, holding at a 20year peak against the euro and multimonth highs against other major peers as higher gas prices and political uncertainty renewed recession fears and sent investors scrambling to the safehaven currency. In Asia, the euro was at 1.025, only a fraction above […]

Dow Jones, S&P 500 Forecast: Retail Crowd Long Exposure Keeps Hinting at Downside

The Dow Jones and S&P 500 may remain tilted lower as retail traders hold their upside exposure on Wall Street. What are key levels to watch this week?

Euro Technical Outlook – EUR/USD Breaks Lower While EUR/JPY Threatens a Similar Move

The Euro has gone south as the US Dollar soared across the board in the last few sessions and EUR/JPY struggles to find support. Is a bear market unfolding for EUR?

July 6, 2022
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June inflation at highest since 1990s Asia financial crisis Foreign exchange reserves fall in June by most since late 2008 Stress builds on new government to move quickly Markets calm amid no sign of homegrown crisis SEOUL, July 5 Reuters South Korea39;s inflation last month hit the highest since the Asian financial crisis more than […]

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USD/CAD Technical Outlook: Working on Finally Developing a Sustainable Trend

Oil Rebounds from Tuesday Tumble as Supply Concerns Return

Japans Service Sector Activity Grows at Fastest Rate in over 8 Years PMI

Foxconn Raises FullYear Outlook on Strong Tech Demand

Bloomberg wins Best Data Analytics Provider award

Dollar Reigns as Investors Fear Recession Pain

Dollar Dominant as Recession Fears Hit Euro, Pound Bruised

Dow Jones, S&P 500 Forecast: Retail Crowd Long Exposure Keeps Hinting at Downside

Euro Technical Outlook – EUR/USD Breaks Lower While EUR/JPY Threatens a Similar Move

Inflation at 24yr High Adds to Strains in S.Koreas Economy

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