New Zealand Dollar Looks Past PM Jacinda Ardern’s Resignation, Eyes on Wobbly Markets
The sentiment-linked New Zealand Dollar looked past NZ Prime Minister Jacinda Ardern resigning. Rather, NZD/USD […]
S&P 500 Reversal Packs More Global Punch Than USDJPY’s Drama
The fallout from the Bank of Japan’s ‘status quo’ monetary policy decision was top spot […]
EURUSD, NZDUSD and GBPUSD: The Other Heavy Intraday Reversals
There was a wave of reversals across the market this past session. US indices dove […]
GBP/AUD Moving into Support
GBPAUD may have a completed three-wave A-B-C decline for a higher degree wave D on […]
Fed Bullard: Rates almost restrictive, but not quite there yet
St. Louis Fed President James Bullard said in an online WSJ interview, “we’re almost into […]
Is the ECB Done With the Hikes?
The Euro was underperforming yesterday after press reports that the ECB was planning to hike […]
Stocks Rise after Weaker than Forecast Retail Sales, PPI Data
US futures Dow futures +0.04% at 33926 S&P futures +0.2% at 3999 Nasdaq futures +0.3% […]
Pound Jumps as Inflation Eases
The British pound is in full flight on Wednesday. In the North American session, GBP/USD […]
US: Retail Sales Come in Softer than Expected in December
Retail sales fell by 1.1% in December from a downwardly revised decline of 1.0% in […]
US retail sales down -1.1% mom in Dec, ex-auto sales down -1.1% mom
US retail sales declined -1.1% mom to USD 677.1B in December, worse than expectation of […]
Fed Mester: We’re not at 5% yet, we need to keep going
Cleveland Fed President Loretta Mester, said in an AP interview, “We’re beginning to see the […]