Dollar Index: Dollar Under Fresh Pressure from Less Hawkish than Expected Powell
The dollar index stabilized in early European trading on Thursday, after a gap lower opening […]
AUDUSD Targets 200-SMA after Solid November
AUDUSD jumped into the 0.6800 territory early on Thursday after a remarkable session in November, […]
WTI Oil Futures Bounce Off 11-Month Low
WTI oil futures (January delivery) have been stuck in a downtrend since mid-June when the price failed […]
Eurozone PMI manufacturing finalized at 47.1, welcome moderation in downturn intensity
Eurozone PMI Manufacturing was finalized at 47.1in November, up from October’s 46.4. Looking at some […]
Two Trades to Watch: DAX, USD/JPY
DAX rallies post-Federal Reserve Chair Jerome Powell’s speech After surging 8% across the month of […]
Flashing Green
We’re seeing green flashing across the board on Thursday, with sentiment buoyed by positive signals […]
Elliott Wave View: FTSE Looking to End 5 Waves
Short term Elliott Wave View in FTSE suggests the rally from 10.13.2022 low is unfolding […]
UK 100 Breaks Major Resistance
Equities take off as investors price in lower peak US funds rates. The FTSE 100 […]
US Oil Tests Resistance
Oil prices find support from a large drawdown in US inventories. Sentiment remains cautious at […]
EUR/USD Regains Traction
The US dollar plunged after Fed Chairman Powell signalled a slowdown in rate hikes. A […]
Markets Saw Powell’s Speech as Softer than Expected
Markets Yesterday, EMU November headline CPI eased more than expected from 10.6% to 10.0%, but […]
UK PMI manufacturing finalized at 46.5, further contraction, outlook darkened
UK PMI Manufacturing was finalized at 46.5 in November, up from October’s 46.2. S&P Global […]