Majors
EUR/USD: LONG AT 1.3633 FOR 1.3734 OBJECTIVE, STOP 1.3569
USD/JPY: LONG AT 102.35 FOR 103.02 OBJECTIVE, STOP 102.10
GBP/USD: LONG AT 1.6790 FOR 1.6922; REVISE STOP AT 1.6760
USD/CHF: SHORT AT .8952 FOR .8859 OBJECTIVE, STOP .9005
AUD/USD: ADJUSTED BUY AT .9326 FOR .9461; STOP AT .9289
USD/CAD: BUY AT 1.0892 FOR 1.1053 STOP AT 1.0825
Crosses
EUR/JPY: BUY AT 139.67 FOR 140.75 OBJECTIVE, STOP 139.17
EUR/GBP: LONG AT .8110 FOR .8184; STOP AT .8080
EUR/CHF: LOOK TO SELL
EUR/CAD: SELL AT 1.4985 FOR 1.4730 STOP AT 1.5055
GBP/JPY: LONG AT 172.00 FOR 173.65; STOP AT 171.50
NZD/USD: REVISE BUY AT .8500 FOR .8604; REVISE STOP AT .8470
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EUR/USD tumbles out of recent range, tests below 1.0770 as markets flee into safe havens
EUR/USD slid below the 1.0670 level on Tuesday after an unexpected uptick in US wages growth reignited fears of sticky inflation, chopping down rate cut expectations and sending investors into safe haven bids.
Gold pullbacks on rising US yields, buoyant US Dollar as inflation heats up
Gold prices drop below the $2,300 threshold on Tuesday as data from the United States show that employment costs are rising, thus putting upward pressure on inflation. XAU/USD trades at $2,296 amid rising US Treasury bond yields and a stronger US Dollar.
Ethereum slumps again as long liquidations exceed those of Bitcoin
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No tap dancing around inflation concerns
Tuesday saw U.S. stocks closing considerably lower as investors grappled with economic indicators indicating increasing labour costs and a decline in consumer confidence, all coming ahead of a crucial Fed policy meeting aimed at determining the trajectory of interest rates.