Friday, January 28, 2022

Asian Stock Market: Bears keeping reins on Evergrande, growth chatters

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Asian markets print losses led by China, Hong Kong on Evergrande woes. Fears of untimely rate hikes to weigh on the nascent growth...

AUD/USD stalls the post-Fed bounce above 0.7450 on mixed Australian data

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AUD/USD bulls face an uphill battle after mixed Australian Trade, Retail Sales data. The US dollar slips as Fed Chair Powell says...

Oil can see a test of the $90 boundary – Citibank

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Citi analysts upgrade their forecast for oil and expect WTI to trade at $85 with potential to see spikes to $90. Tighter oil markets...

Powell speech: Fed looks at wide range of indicators when assessing max employment

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Jerome Powell, Chairman of the Federal Reserve System, said on Tuesday that they look at a wide range of indicators when assessing maximum employment,...

USD/CAD aims a slip below the 1.25 level – Scotiabank

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USD/CAD is drifting steadily lower after testing the 1.26 level late last week. The pair’s failure to push on through the 1.26 zone leaves...

USD/INR Price News: Indian rupee regains below 75.00 despite pre-Fed woes

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USD/INR keeps Friday’s rebound following three-week downside, eases of late. US-China trade deal termed as win-win situation, even for inflation concerns. Fed tapering...

USD/CNY fix: 6.3907 vs. estimate of 6.388

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In recent trade today, the People’s Bank of China (PBOC) set the yuan (CNY) at 6.3907 vs. estimate of 6.388. About the fix China maintains strict control of the...

US Dollar Index returns to 94.30 ahead of Payrolls

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DXY trades within a tight range around 94.30. US yields attempt a mild rebound on Friday. The focus of attention will be on...

USD/CHF fades bounce off three-month low near 0.9150 ahead of Fed

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USD/CHF struggles to extend the biggest run-up in seven weeks. Firmer Swiss inflation data, upbeat equities joined softer Treasury yields to portray corrective...

BAAKT ($BKKT) bullish potential on tap

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Another day, another meme stock rallies.  This week, Bakkt is the company I want to focus on.  This is another Crypto focussed stock.  However,...
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