Tuesday, January 18, 2022

WTI remains well support in $84.00 as tightness in physical market builds

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WTI is trading in the $84.00 per barrel area having dipped back from two-month highs printed earlier in the session. China reserve release...

USD/JPY extends rebound above 114.50 on a quiet session

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DXY turns positive and rises for the second day in a row. Holiday in the US to favor consolidation in USD/JPY.   Bank...

EUR/USD to enjoy a deeper recovery towards 1.1597/1.1631 – Credit Suisse

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Despite completing a bearish “reversal day” on Friday, EUR/USD maintains a near-term base above 1.1387. Analysts at Credit Suisse continue to look for a...

USD/CNH: Further weakness appears not favoured – UOB

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According to FX Strategists at UOB Group, extra losses in USD/CNH seem unlikely in the short-term horizon. Key Quotes 24-hour view: “Our expectations for...

Silver Price Analysis: XAG/USD to stage a change of trend lower below $21.68/42 –...

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Silver (XAG/USD) below $21.68/42 would confirm a major top is in place and an important change of trend lower. Strategists at Credit Suisse would...

AUD/USD keeps the mixed outlook unchanged – UOB

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AUD/USD is now seen within the 0.7140-0.7285 range in the next weeks, noted FX Strategists at UOB Group. Key Quotes 24-hour view: “The swift...

USD/IDR Price News: Rupiah pares intraday gains above $14,300 on mixed Indonesia trade numbers

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USD/IDR struggles for clear direction for the second consecutive day. Indonesia Exports, Trade Balance for December dropped below market consensus, prior. Risk-on in...

NZD/USD Price Analysis: Bears brace for monthly support below 0.6800 on mixed China data

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NZD/USD drops for the second consecutive day, depressed around intraday low. RSI retreat, failures to cross the key hurdles keep sellers hopeful. Monthly...

When is China’s Q4 GDP and how could it affect the AUD/USD?

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Early Monday, the market sees the fourth quarter (Q4) GDP and annualized figures of December month Retail Sales and Industrial Production from the National...

PBOC Dep. Governor Guiping signalled rising inflation and tightening monetary policies

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Liu Guiping, Deputy Governor of the People’s Bank of China (PBOC) warned that China is facing growing supply chain risk, also raising concerns over...
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USD - United States Dollar
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