Will Australia’s Labor Data Tempt RBA to Hike Again?
Despite the Reserve Bank of Australia (RBA) saying at its May meeting that more rate […]
Eurozone Industrial Production Falls to the Lowest Since October 2021
Eurostat today reported that eurozone industrial production fell by 4.1% in March, the most significant […]
EURCHF Extends Decline Near 2023 Lows
EURCHF has been trending lower since its latest rebound got rejected just shy of the […]
Could This Week’s Data Reenergize Bank of Japan Expectations?
While the largest central banks globally are close to concluding an almost 2-year rate hiking […]
EUR/USD: Weekly Close Below Key Fibo Support Was Bearish Signal
The Euro is consolidating within a narrow range in early Monday following strong acceleration lower […]
USD Bounces Back
USD/CHF tests key resistance The US dollar bounces higher as signs of a slowing economy […]
Euro Having Harder Time Against Both Dollar and Sterling
Markets May University of Michigan consumer confidence unexpectedly set the tone for the final WS […]
Easing Global Inflation
Market movers today We kick off the week with March euro area industrial production. The […]
Weekly Focus – Inflation Battle Not Done as BoE Follows Suit
In the absence of any bad news from the US banking sector, markets started the […]
EUR/USD: Bears Gain Traction on Break of Pivotal Fibo Support/Recent Range Floor
The Euro remains at the back foot in early Friday following 0.6% drop on Thursday, […]
Bank of England Review – A Data Dependent Approach
In line with our expectation, the BoE today hiked policy rates by 25bp, bringing the […]