EUR/USD 1.16715
-0.046%
Gold 4519.23
-0.080%
Oil 86.415
2.582%
USD/JPY 159.150
0.632%
GBP/USD 1.36227
0.128%
GBP/JPY 216.810
0.773%
Browse More
  • English
  • 简体中文
  • 繁體中文
  • Tiếng Việt
  • ไทย
  • Indonesia
Subscribe
Real-time News
August 21 - The China Earthquake Networks Center automatically determined that an earthquake of approximately magnitude 6.5 occurred near Peru (14.68°S, 73.62°W) at 2:00 AM on August 21. The final result is subject to the official rapid report.On August 21, Qatari Prime Minister and Foreign Minister Al Thani stated at a joint press conference with the Egyptian Foreign Minister that Qatar will continue to coordinate and cooperate with Egypt to "push for a final and sustainable agreement on the Iranian issue to end the war and military escalation." The Qatari Foreign Ministry stated that diplomats from both countries agreed that "the region has been in a difficult situation since the outbreak of the US-Iran war, which has had extremely serious negative impacts on the entire region." Qatars top diplomat emphasized the need to ensure freedom, safety, and guarantees of navigation, both in the Strait of Hormuz and the Bab el-Mandeb Strait. Al Thani stated that it is necessary to ensure that "international shipping is not hijacked by any party, nor should it be used as a tool for political blackmail," while condemning all actions that obstruct international shipping activities.On August 21, local time, the leaders of France, Germany, Italy, Norway, the Netherlands, and the United Kingdom issued a joint statement on August 20, declaring the Israeli governments decision to issue a construction tender for the "E1" settlement project in the West Bank "unacceptable." They urged Israel to immediately withdraw the project and cease expanding settlements in the West Bank. The statement said the "E1" settlement project would further divide the West Bank, undermine the continuity of Palestinian territory, and damage the prospects of the "two-state solution." The statement reiterated that Israeli settlements in the West Bank violate international law. The six leaders also called on companies not to participate in the bidding for the project and warned them to fully consider the potential legal and reputational risks, including the risk of becoming complicit in serious violations of international law. The statement indicated that the six countries will continue to work towards a comprehensive, just, and lasting peace based on the "two-state solution."GFZ (German Center for Geosciences): A 6.5-magnitude earthquake has struck central Peru.Sources say Anthropics recent investor briefing was hosted by CFO Rao.

Price Analysis of the US Dollar Index: DXY Retreats from 104.00, Rising Wedge Anticipated

Alina Haynes

May 12, 2022 10:27

During Thursday's Asian session, the US Dollar Index (DXY) fails to continue the previous two days' upward momentum, trading on the defensive around 103.95.

 

In doing so, the dollar index remains near the 20-year high reached earlier in the week, but for the first time in three days, the daily decline is recorded.

 

In addition to highlighting a 12-day-old rising wedge bearish pattern surrounding the multi-day top, the DXY's most recent decline also reveals a multi-day top-adjacent rising wedge formation. The slow RSI also highlights the significance of the chart pattern.

 

However, a decisive breach below 102.90 is required to validate the potential decline to 101.30.

 

During the fall, the 100-SMA and monthly low between 102.65 and 102.35 will serve as intermediate stops.

 

Until the quote continues below the indicated wedge's resistance line, approximately 104.30 as of press time, a recovery appears elusive.

 

After that, a slow climb to the September 2002 high of 109.80 cannot be ruled out.

Four-hour DXY chart

 image.png

Suggestion