News
Important Only
FxstreetJul 10, 2024
Natural Gas looking for direction with markets assessing Beryl’s impact
Investing.comJul 10, 2024
Are European luxury carmakers in trouble?
FxstreetJul 10, 2024
USD/CNH to move towards 7.45 by year-end – Societe Generale
FxstreetJul 10, 2024
Key highlights from Powell testimony before US Senate
FxstreetJul 10, 2024
USD/BRL eyes a support zone at 5.30/5.28 – Societe Generale
Investing.comJul 10, 2024
Volkswagen stock falls after profit warning, plant closure
Commodities
Natural Gas looking for direction with markets assessing Beryl’s impact
Natural Gas price (XNG/USD) is unable to extend the bounce it triggered on Monday and trades steady in a tight range on Wednesday. The more than ten-day correction finally snapped after Natural Gas reached a pivotal level at $2.29 and has been afloatFxstreet
Jul 10, 2024
Economic Indicator
Key highlights from Powell testimony before US Senate
Jerome Powell, Chairman of the US Federal Reserve (Fed), delivered the Semi-Annual Monetary Policy Report and responded to questions before the Senate Banking Committee on the first day of his Congressional testimony.Fxstreet
Jul 10, 2024
Economic Indicator
China: Downward price pressures continue – UOB Group
China’s CPI rose at a weaker-than-expected pace in June. Amid further easing by the PBOC, it is expected that the 1Y loan prime rate (LPR) will fall to 3.20% by end-4Q24 (current 3.45%), UOB Group Economist Ho Woei Chen notes.Fxstreet
Jul 10, 2024
Technical Analysis
USD/CNH: A chance to break above 7.2950 – UOB Group
The US Dollar (USD) is expected to trade in a range, probably between 7.2820 and 7.2950, or at least in a wider range between 7.2700 and 7.3100 for the time being, UOB Group FX strategists Quek Ser Leang and Peter Chia note.Fxstreet
Jul 10, 2024
