Markets Steady Ahead of GDP, Earnings and CB Meetings
So far in the day, we have seen a bit of consolidation against the recent […]
Pound Hits Ceiling
The British Pound is testing the $1.2400 level this week, above which it failed to […]
XAU/USD: Bulls Take a Breather Ahead of Key US GDP Data
Gold price eases from new multi-month high ($1949) in European trading on Thursday, as larger […]
Japanese Yen Steady ahead of Tokyo CPI
Tokyo CPI expected to rise Inflation has been on the rise in Japan and the […]
IMF proposes options for BoJ to allow further flexibility and increases in long-term yields
IMF said in a statement that “accommodative monetary policy stance remains appropriate” for BoJ. But […]
AUD/USD: Aussie Hits 5-month High vs US Dollar, Boosted by Hot Australian Inflation
The AUDUSD hit new 5-month high on Thursday, following strong bullish acceleration on Wednesday, sparked […]
EUR/USD: Bulls May Take Some Time to Eventually Break Through Pivotal Barriers at 1.0930/42
The Euro maintains firm tone and continues to pressure pivotal barriers at 1.0930/42 (top of […]
German EM Habeck: We have broken the inflation trend
German Economy Minister Robert Habeck told Bundestag that inflation will remain high at the beginning of […]
ECB Preview – Set for Another 50bp Rate Hike
For next week’s ECB meeting, another 50bp rate hike has been well telegraphed and fully […]
USDJPY trapped within bearish area; support at 129
USDJPY faced another rejection at the topline of the four-month-old downward-sloping channel near 131.11, increasing speculation […]
WTI Oil Futures Consolidate Above 50-day SMA
WTI oil futures (March delivery) have been stuck in a prolonged downtrend since June, generating a fresh […]
US GDP grew 2.9% annualized in Q4
US GDP grew 2.9% annualized in Q4, slightly above expectation of 2.8%. The increase in […]