Dr. S. Sivaraman
i-knowindices.com
Dr.Sivaraman gives his algorithm based reliable Forex market forecast. Live Forex market analysis and market reading, expected levels of trades of EUR/USD, GBP/USD, USD/YEN, USD/CHF, AUD/USD and USD/CAD and also about other markets.
Dr. Sivaraman will broadcast his show every Monday and Friday at 5 am GMT on Live Analysis Room
The expected view on market move or information provided here may only be used as an additional input for making your investment decisions. Dr.S.Sivaraman of i-knowindices.com is merely providing this column for your general information and any projections or views of the market provided by the author do not warrant or guarantee the accuracy, timeliness or completeness to its service or information contained therein. Users are trading on their own risk and i-knowindices.com or Dr.S.Sivaraman shall not be responsible under any circumstances for the consequences of such activities . i-knowindices.com will not be responsible for any losses incurred on investments made by readers and clients as a result of any information contained in this column. . i-knowindices and its affiliates, in no event, be liable to users or any third parties for any consequential damages, however arising, including but not limited to damages caused by negligence whether such damages were foreseen or unforeseen.
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AUD/USD posts gain, yet dive below 0.6500 amid Aussie CPI, ahead of US GDP
The Aussie Dollar finished Wednesday’s session with decent gains of 0.15% against the US Dollar, yet it retreated from weekly highs of 0.6529, which it hit after a hotter-than-expected inflation report. As the Asian session begins, the AUD/USD trades around 0.6495.
USD/JPY finds its highest bids since 1990, approaches 156.00
USD/JPY broke into its highest chart territory since June of 1990 on Wednesday, peaking near 155.40 for the first time in 34 years as the Japanese Yen continues to tumble across the broad FX market.
Gold stays firm amid higher US yields as traders await US GDP data
Gold recovers from recent losses, buoyed by market interest despite a stronger US Dollar and higher US Treasury yields. De-escalation of Middle East tensions contributed to increased market stability, denting the appetite for Gold buying.
Ethereum suffers slight pullback, Hong Kong spot ETH ETFs to begin trading on April 30
Ethereum suffered a brief decline on Wednesday afternoon despite increased accumulation from whales. This follows Ethereum restaking protocol Renzo restaked ETH crashing from its 1:1 peg with ETH and increased activities surrounding spot Ethereum ETFs.
Dow Jones Industrial Average hesitates on Wednesday as markets wait for key US data
The DJIA stumbled on Wednesday, falling from recent highs near 38,550.00 as investors ease off of Tuesday’s risk appetite. The index recovered as US data continues to vex financial markets that remain overwhelmingly focused on rate cuts from the US Fed.