XAG/USD: Bullish Trend Likely to Continue to 25.701
XAGUSD suggests the formation of a global triple zigzag consisting of cycle waves w-x-y-x-z. The […]
US 100 Cash Index Trades Sideways Following Strong Start to New Trading Year
The US 100 cash index is trading sideways following a climb of 900 points since […]
NZDUSD Bulls Face Big Challenge Around 0.6500
NZDUSD continues to rise above the Ichimoku cloud and the short-term simple moving averages (SMAs), remaining […]
USDJPY Remains Suppressed by Restrictive Trendline
USDJPY realized massive gains in the past year, marching to a 32-year high of 151.94 […]
ECB Villeroy: Lagarde’s 50bps guidance still valid
ECB Governing Council member Francois Villeroy de Galhau said “we will have good news on […]
GBP/USD Pair Now Consolidating Near 1.2280
The British Pound started a fresh increase above the 1.2220 resistance zone against the US […]
EUR/USD’s Upside Turned More Limited
Markets Bond yields on both sides of the Atlantic rose a few basis points before […]
BoJ Kuroda: We don’t need to further expand the band around yield target
At the post meeting press conference, BoJ Governor Haruhiko Kuroda said, “We don’t need to […]
UK CPI slowed to 10.5% yoy in Dec, core CPI unchanged at 6.3% yoy
UK CPI rose 0.4% mom in December, matched expectations. In the 12 months, CPI slowed […]
Not for the First Time, the BOJ Spite the Hype
At their January 2023 meeting, the BOJ: Held interest rates at -0.1% Maintained a target […]
Holy Bank of Japan
The Bank of Japan (BoJ) kept its below-zero interest rate and its faltering yield curve […]
Eurozone CPI finalized at 9.2% yoy in Dec, core CPI at 5.2% yoy
Eurozone CPI was finalized at 9.2% yoy in December, down from November’s 10.1% yoy. CPI […]