Curator Livemarkets

USD/JPY extends fall to lowest in over seven months

As mentioned earlier here, the pressure is very much on the dollar right now as the technicals are starting to favour a more downside push for the pair. The break below 130.00 yesterday vindicates the downside momentum from the latter

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UK monthly GDP on the cards in the session ahead

The fallout of the dollar is the big story yesterday as markets were caught in a whipsaw initially after the US CPI data came out within estimates. The yen was the prominent mover, backed by intensifying speculation that the BOJ

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BOJ finding it tough as markets poke and prod for a policy shift

Not quite a good look for the BOJ as they are seen struggling to keep the yield curve in check, just days after having seen their new upper limit of 0.50% being challenged. Market players are pressing for a policy

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Dollar faces added pressure after yesterday’s CPI data

The US CPI data came in within expectations as the figures met estimates and that made for a scene where broader markets struggled with what to do next. The dollar whipsawed not only in the initial reaction but also in

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Elliott wave analysis of USD/SGD for January 13, 2023

USD/SGD has broken below the S/H/S top neckline at 1.3266. If USD/SGD can close below that level for the week, the top-formation will be triggered for a continuation lower to 1.2098 and possibly even lower longer term. The former support

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Elliott wave analysis of Litecoin for January 13, 2023

Litecoin continues to follow the exact path that we have laid down over the last couple of months. Litecoin is now testing the 85.23 target and we expect a correction/consolidation towards support near 79.68 and maybe even a slightly deeper

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Tesla (TSLA) cuts prices of Model 3 and Model Y by 6% to 20% in the US

Tesla price cuts again. This article was written by Eamonn Sheridan at www.forexlive.com.

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ForexLive Asia-Pacific FX news wrap: China announces significant property sector support

China Dec trade USD terms: Exports -9.9% y/y (expected -10.0%) Imports -7.5% (-9.8%) Fed is “almost done raising rates. Higher for longer is what people should be focused on” China is taking small stakes in tech firms to tighten control

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China Dec trade USD terms: Exports -9.9% y/y (expected -10.0%) Imports -7.5% (-9.8%)

Exports USD terms -9.9% y/y forecast was -11.1%, previous -8.7% Imports -7.5% y/y expected -9.8%, previous -10.6% Trade Balance USD 78bn surplus expected $76.20bn, prior $69.84bn – Yuan terms also … Exports -0.5% y/y prior 0.9% Imports 2.2% y/y prior

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Technical Analysis of Intraday Price Movement of Bitcoin Cryptocurrency, Friday January 13, 2023.

Even though Bitcoin on the 4-hour chart is still in a significant Bullish condition which is confirmed by the Alligator which is moving upwards and the Awesome Oscillator which is above the positive area and the bar is green and

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China is taking small stakes in tech firms to tighten control over them

The Financial Times with the report, gated. Reuters however have a brief summary, main points: China is moving to take minority stakes with special rights in the local units of Alibaba Group Holding Ltd and Tencent Holdings Ltd, the Financial

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China will encourage negotiations with quality property developers on debt extension

More from Xinhua on the roll-out of further property sector support measures: China will increase financing to quality developers via loans and bond issuance China’s plan to improve developers’ balance sheets mainly targets high-quality property firms with relatively big size,

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