EURJPY Poised for More Recovery Above Near-Term Uptrend Line
EURJPY is surging above the short-term simple moving averages (SMAs) after the strong rebound off […]
Equities and Oil Rise on China Reopening, US CPI in Focus
Asian Indices: Australia’s ASX 200 index rose by 22.5 points (0.31%) and currently trades at […]
GBP/JPY: Correction Pattern Completion Coming Up
In the long term, GBPJPY seems to be forming a global corrective trend that takes […]
SPX 500 Grinds Key Support
The S&P 500 consolidates as investors await US inflation data later today. After turning south […]
All Eyes on US CPI
European equities traded in the red at the start of the week, but equities in […]
All Eyes on the US CPI
Market movers today The market highlight today will be the US CPI for November. We […]
Australia NAB business conditions hold up, but confidence turned negative
Australia NAB Business Confidence dropped from 0 to -4 in November, below zero for the […]
Australia Westpac consumer sentiment bounced from near record low
Australia Westpac Consumer Sentiment Index bounced from near record low and rose 3% from 78.0 […]
BoC Macklem: Higher interest rates are working to rebalance the economy
BoC Governor Tiff Macklem said in a speech yesterday, “Higher interest rates are working to […]
GBP/USD Eyes Upside Break, US CPI Next
Key Highlights GBP/USD could rally further above the 1.2350 and 1.2400 levels. A major bullish […]
FOMC Meeting Preview: 50bps Hike Likely, But Will the 2023 Dots Rise above 5%?
When is the December Fed meeting? The Federal Reserve’s Open Market Committee (FOMC) will complete […]
UK payrolled employees rose 107k in Nov, unemployment rate rose to 3.7% in Oct
In November, UK payrolled employees rose 107k or 0.4% mom to 29.9m. That also means […]