US Oil Fails to Bounce
WTI crude slipped after a larger-than-expected rise in US stockpiles. A dip below the previous […]
XAU/USD Breaks Higher
Gold surges as the US dollar tumbles across the board post-FOMC. On the daily chart, […]
EUR/USD Pops Higher
The US dollar plunged after the Fed’s 25 bp hike raised hopes that the peak […]
Euro/ECB About to Outhawk Both USD/Fed and GBP/BoE
Markets The Fed unanimously decided to raise its policy rate by 25 bps to 4.5%-4.75%, […]
One Phrase Is All It Takes
‘It is gratifying to see the disinflationary process now getting underway’ said the Federal Reserve […]
Tighter Monetary Policy – Lower Bond Yields
Market movers today While markets found Powell’s comments to be on the dovish side yesterday, […]
Crude Oil Technical Outlook: Downward Pressure Intact
Crude oil’s slide may have slowed in recent months but hasn’t altered the broader downward […]
NASDAQ completed double bottom, investors responded well to Fed
NASDAQ closed strongly up by 2.00% overnight to close at 11816.31. Fed’s 25bps rate hike […]
Bitcoin Price Climbs Above $24K After Fed Raised Rates by 25bps
Key Highlights Bitcoin price started a fresh increase above the $23,000 resistance. A key bullish […]
S&P 500 (SPX) Bullish Elliott Wave Sequence Favors Upside
S&P 500 (SPX) showing short term bullish Elliott wave sequence against October-2022 low. It proposed […]
An End to the Tightening Cycle is on the FOMC’s Horizon
While rates are likely to remain at peak to end-2023 to guard against inflation risks, […]
EUR/GBP upside breakout ahead of BoE and ECB, some previews
Two central banks will announce rate decisions today, BoE and then ECB. Currently, the base […]