Markets Tread Water ahead of Fed Hike and Guidance
The financial markets are all very steady today, awaiting FOMC rate decision. A 75bps hike […]
NZ Dollar Jumps on Solid Jobs Report
NZD/USD is sharply higher today. In the European session, the New Zealand dollar is trading […]
Bank of England Might Disappoint Amid Uncertainties about the Budget
The Bank of England will announce its latest policy decision on Thursday at 12:00 GMT […]
Aussie Climbs Despite Weak Mfg. Data
AUD/USD has posted strong gains today. In the European session, the Australian dollar is trading […]
USDJPY Consolidates after Advance Pauses, Uptrend Intact
USDJPY has been in a prolonged uptrend for almost two years, crossing above its historical resistance levels to […]
Eurozone PMI manufacturing finalized at 46.4, moved into a deeper decline
Eurozone PMI Manufacturing was finalized at 46.4 in October, down from September’s 48.4. Manufacturing Output […]
USD/JPY: The Last Leg of the Bullish Impulse is Similar to the Ending Diagonal
The USDJPY chart shows the formation of a global impulse trend, which consists of cycle […]
NZDUSD Shows Positive Signs above 50-day SMA in Short-term
NZDUSD rebounded off the 31-month low of 0.5510 in the mid-October. Currently, the market is […]
A Fourth 75 bps Rate Hike is a Done Deal
Markets Asia’s equity scorching rally (HK more than +5%) following unconfirmed social media reports that […]
Don’t Expect Powell to Spark a Risk Rally
Jay Powell will probably hammer the dovish hopes, and the latest risk rally when he […]
Too Early for a Fed Pivot
Market movers today Today markets will zoom in on the FOMC meeting. It is too […]
US ADP employment grew 239k, strong but not broad-based
US ADP private employment grew 239k in October, above expectation of 198k. Goods-producing jobs decreased […]