Japan’s Consumer Spending Slips, Yen Extends Gains
The Japanese yen has posted gains on Friday. In the European session, USD/JPY is trading […]
EUR/USD Outlook: Bears Hold Grip But Prolonged Consolidation May Precede Fresh Push Lower
EURUSD weakened on Friday after recovery attempts from new multi-month low (1.0682), hit after Wednesday’s […]
Dollar Index Outlook: Markets Digest News from US Election /Fed Policy Outlook
The Dollar Index is in a sideways mode on Friday morning after Thursday’s drop almost […]
Crypto Market Stands on Top
Market Picture The cryptocurrency market is consolidating near the $2.5 trillion mark after pulling back […]
USDCAD Retains Bullish Bias Above 20-day SMA
USDCAD posts new 25-month high but currently stands beneath it Stochastics and RSI show positive […]
Elliott Wave View in EURGBP Calling for More Downside
Short Term Elliott Wave View in EURGBP suggests that decline to 0.8295 on October 18, […]
Fed Powell Said Too Soon to Say How Trump Administration’s Policies Would Reshape Outlook
Markets The barrage of central bank meetings in Sweden, Norway, the Czech Republic and the […]
Fed Has No Choice But to Dance to Trump’s Tune
The Federal Reserve (Fed) delivered the second rate cut of the year yesterday. Chair Jerome […]
China to Unveil Fiscal Stimulus Package
In focus today Today, we should finally get actual numbers on China’s fiscal stimulus as […]
The Red Fork in the Road
We were already expecting loose US fiscal policy and higher interest rates across the curve […]
FOMC Focused on Health of Labour Market and Success with Inflation
Unsurprisingly, the FOMC made clear it was too early to assess the economic implications of […]
US 10-yr yield retreats after Fed holds rates steady; Powell highlights fiscal risks
US 10-year Treasury yield eased back notably overnight following Fed’s decision to keep interest rates […]