Tag: divergence
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Spicy Showdown: Byadagi Chilli Market Faces Heat with Bumper Crop and Price Divergence
[ad_1] The Byadagi chilli market in Karnataka experiences price turbulence as a larger crop and abundant carry-forward stocks weigh on prices. While the original Byadagi variety commands higher rates, hybrids witness a significant dip, with market dynamics influenced by varietal trends and substantial cold storage stocks. Highlights Market Dynamics: Byadagi chilli prices are expected to…
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USD/CAD Divergence from USD/DXY Trends
[ad_1] Canadian Dollar, USD/CAD Talking Points: USD/CAD continues to find resistance around the 1.3000 psychological level, as has been the case for the better part of the past three months. While the USD trend has taken off to fresh highs this year, USD/CAD has remained much more subdued and longer-term, there’s even some bearish potential…
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Euro Gains as Japanese Yen Slides on Bank of Japan Divergence from Global Tightening
[ad_1] Euro, EUR/JPY, USD/JPY, Yen, Crude Oil, Fed, BoJ – Talking Points Euro has gained against the Yen despite ECB dovishness APAC equities were mixed, and commodities currencies were up Will the Euro continue to gain on Yen weakness? EUR/JPY traded at its highest level since 2015 despite the European Central Bank (ECB) disappointing markets…