Dollar Softens as FOMC Awaited, Yen Firms Up
Dollar is trading mildly lower in Asian session today, but manages to maintain most of […]
NZ unemployment rate unchanged at 3.3%, record hourly earning growth
New Zealand employment grew 1.3% in Q3, above expectation of 0.5%. Unemployment rate was unchanged […]
Australia AiG manufacturing fell to 49.6, longstanding supply-side problems continue
Australia AiG Performance of Manufacturing Index dropped -0.6 to 49.6 in October. Looking at some […]
Japan Suzuki concerned about gradual weakening of Yen
Japan Finance Minister Shunichi Suzuki told the parliament, “I am very concerned about the gradual […]
Crude Oil Price Eyes Fresh Increase, Fed Decision Next
Key Highlights Crude oil price started a fresh increase above the $86.50 and $87.20 resistance […]
Gold: Forecasting The Next Move After 5 Waves Decline
In this technical blog we’re going to take a look at some Elliott wave charts […]
USDCAD Wave Analysis
USDCAD reversed from support level 1.3530 Likely to rise to resistance level 1.3795 USDCAD recently […]
EURNZD Wave Analysis
EURNZD broke key support level 1.7065 Likely to fall to support level 1.6755 EURNZD recently […]
“Less Hawkish” RBA Weighs on AUD/NZD
When the RBNZ met on October 5th, it hiked rates by 50bps to bring the […]
FOMC Meeting Preview: Fed Expected to Hike 75bps, But is the Pivot Imminent?
When is the November FOMC meeting? The Federal Reserve’s Federal Open Market Committee (FOMC) will […]
XAU/USD: Gold Eyes Fed’s Decision for Direction Signal
Spot gold price jumped on Tuesday, lifted by weaker dollar on the latest speculations that […]
Fed to hike 75bps, would Powell indicate slower tightening ahead?
Fed is widely expected to raise interest rate by 75bps again today, to 3.75-4.00%. The […]