-
USDJPY’s decline faces 200-day SMA
USDJPY has been in a steady retreat from its 38-year peak of 161.94, falling to an almost three-month low on Wednesday. Meanwhile, the pair has reached a tipping point as it challenged the 200-day simple moving average (SMA) for the first time since January 9, where a downside violation could suggest the beginning of a sustained downtrend. Should bearish pressures persist, the price may face the congested 151.90-151.54, which includes the May low, a June support and the 200-day SMA. Lower, the bears may attack 151.09, which is the 50.0% Fibonacci retracement of the 140.24-161.94 upleg. Further retreats could then ... (full story)
- Comments
- Subscribe
-
- Older Stories
From edition.cnn.com|Jul 31, 2024|1 commentThe Federal Reserve is expected to deliver a crucial hint Wednesday that it might lower borrowing costs in the coming months when it announces its widely anticipated decision of ...
From ec.europa.eu|Jul 31, 2024Euro area annual inflation is expected to be 2.6% in July 2024, up from 2.5% in June according to a flash estimate from Eurostat, the statistical office of the European Union. ...
From istat.it|Jul 31, 2024According to preliminary estimates, in June 2024 the Italian consumer price index for the whole nation (NIC) increased by 0.1% on monthly basis and by 0.8% with respect to June ...
-
- Newer Stories
From cnbc.com|Jul 31, 2024The Paris 2024 Olympics is well underway, with dozens of medals already handed out. Aside from a medal, a stuffed toy of the Olympics mascot and a “mysterious” box containing the ...
From prnewswire.com|Jul 31, 2024|6 commentsPrivate sector employment increased by 122,000 jobs in July and annual pay was up 4.8 percent year-over-year, according to the July ADP® National Employment Report™ produced by ...
From bls.gov|Jul 31, 2024|2 commentsCompensation costs for civilian workers increased 0.9 percent, seasonally adjusted, for the 3-month period ending in June 2024, the U.S. Bureau of Labor Statistics reported today. Wages and salaries increased 0.9 percent and benefit costs increased 1.0 percent from March 2024. (See tables A, 1, 2, and 3.) Compensation costs for civilian workers increased 4.1 percent for the 12-month period ending in June 2024 and increased 4.5 percent in June 2023. Wages and salaries increased 4.2 percent for the 12-month period ending in June 2024 and increased 4.6 percent for the 12-month period ending in June 2023. Benefit costs increased 3.8 percent over the year and increased 4.2 percent for the 12-month period ending in June 2023. (See tables A, 4, 8, and 12.) Compensation costs for private industry workers increased 3.9 percent over the year. In June 2023, the increase was 4.5 percent. Wages and salaries increased 4.1 percent for the 12-month period ending in June 2024 and increased 4.6 percent in June 2023. The cost of benefits increased 3.5 percent for the 12-month period ending in June 2024 and increas post: A cool ECI: The employment cost index is seen inside the Fed as the highest-quality measure of compensation growth Wages and salaries for private-sector workers ex-incentive paid occupations was +1.0% in Q2 The Y/Y rate fell to 4.1% (vs 4.2% in Q1 and 4.8% last year) pic.twitter.com/H6SLJQRNlj post: Total compensation growth for all private sector workers was the mildest in three years during the second quarter, lowering the year-over-year change to 3.9% pic.twitter.com/fMaxxiUoJH
- Story Stats
- Posted: Jul 31, 2024 6:59am
- Submitted by:Category: Technical AnalysisComments: 0 / Views: 3,242
