Elliott Wave View: CADJPY Has Reached Area Where Pullback Can Happen
CADJPY has already reached the extreme area from 8.5.2024 low. This suggests that pair is […]
AUD/USD Falls Hard: Can It Recover from The Tumble?
Key Highlights AUD/USD gained bearish momentum below the 0.6750 support. A connecting bearish trend line […]
Australian’s PMI manufacturing hits 53-month low, inflation pressures easing
Australia’s manufacturing sector continues to struggle, with PMI Manufacturing index slipping slightly from 46.7 to […]
BoJ’s Ueda warns gradual rate hikes could leading to Yen speculations
At the International Monetary Fund event, BoJ Governor Kazuo Ueda said “It’s still taking time […]
BoE’s Bailey: Disinflation surprising, but structural Economic changes pose uncertainty
At an event hosted by the Institute of International Finance, BoE Andrew Bailey acknowledged that […]
US Elections Update: The Race to White House Tightens
Trump closes in on Harris’s lead in the polls Neck and neck race spurs market […]
EURJPY: Trade Projection
The EURJPY pair hit a new 14-week high near 164.50 during the European session on […]
ECB’s Lagarde satisfied with inflation progress, eyes growth impact on policy
At an event today, ECB President Christine Lagarde expressed contentment with the current inflation levels, […]
BoC Accelerates Pace of Rate Cuts
The Bottom Line: The BoC made the leap to cut the overnight rate by 50 […]
Bank of Canada Accelerates Rate Cuts, Points to Greater Confidence in Inflation
The Bank of Canada (BoC) cut its overnight rate by 50 basis points, to 3.75%, […]
AUD/CAD Technical: BoC Jumbo Cut of 50 bps May Have Already Been Fully Priced In
The Canadian dollar has weakened against most major currencies (except against the JPY) in the […]
Japan’s private sector falls into contraction as PMI services plunges to 20-month low
Japan’s private sector slipped into contraction territory at the beginning of Q4, with PMI Manufacturing […]