CFD News

Risk reversal braces for biggest weekly fall since November

One-month chance reversal (RR) of AUD/USD drops the most in view that November 26 on weekly basis, per statistics supply Reuters. That said, the unfold between name and put alternatives prints -0.150 stage at the latest. The every day print, however, suggests an easing bearish bias with the -0.25 degree for Wednesday, versus the -0.150 parent for the preceding day. Although the picks market…
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EUR/USD Price Analysis: 2021 low of 1.1524 appears at risk, eyes on NFP

USD/INR Price Analysis: Bulls eye a 61.8% golden ratio target

Trading Patterns

German Industrial Production unexpectedly rises 0.4% MoM in June vs. -0.3% expected

Industrial Production in Germany abruptly rose in June, the respectable records confirmed on Friday, suggesting that the manufacturing zone pastime is gaining its healing momentum. Eurozone’s financial powerhouse’s industrial output climbed by way of 0.4% MoM, the federal data authority Destatis stated in figures adjusted for seasonal and calendar effects, vs. a -0.3% predicted and 0.2%…
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Fed induced volatility of USD exchange rates to continue even after the summer – Commerzbank

USD Index remains consolidative around the 106.00 region