UK Will Not Avoid Recession Says IMF; What Does this Mean for the Pound?
Britain’s economy may be the only one that contracts in 2023 according to the IMF’s […]
Eurozone CPI slowed sharply to 8.5% yoy in Jan, core unchanged at 5.2% yoy
Eurozone CPI slowed sharply from 9.2% yoy to 8.5% yoy in January, well below expectation […]
UK PMI manufacturing finalized at 47 in Jan, some shoots of positivity developing
UK PMI Manufacturing was finalized at 47.0 in January, up from December’s 31-month low of […]
GBP/USD Pair Moved into a Short-term Bearish Zone Below 1.2365
The British Pound started a bearish reaction from the 1.2420 resistance zone against the US […]
USDJPY Lacks Clear Direction in Near Term; Neutral Bias
USDJPY has been moving sideways over the last week, holding within the 61.8% Fibonacci retracement […]
FTSE 100 Seeks Support
The FTSE 100 treads water ahead of major central bank decisions. The RSI’s double top […]
NZD/USD in Corrective Mode
The New Zealand dollar dips as the Q4 unemployment rate disappoints. The pair has been […]
USD/CAD Gives Up Gains
The Canadian dollar recouped losses after November’s GDP beat expectations. On the daily chart, the […]
Fed Expected to Downshift Tightening Pace Again
Markets The build-up to a Fed decision usually brings lackluster trading. This time around, things […]
Will Easing Inflation and Slower Wages Get the Fed Closer to Pause?
Weak economic data ran to the rescue of the equity bulls on Tuesday. The Federal […]
Euro Area Inflation Data as an Appetizer Ahead of FOMC Tonight
Market movers today The main event today will be the FOMC meeting. Anything but a […]
US ADP employment grew 106k Jan, disrupted by weather
US ADP private employment grew 106k in January, below expectation of 168k. By sector, goods-producing […]