The UK October Data Barrage
This week, Cable traders will have a lot to look at. Of course the big […]
Australian Dollar Takes a Pause
The Australian dollar is in negative territory today, after posting huge gains last week. In […]
UK Autumn Budget Preview
When is the Autumn Budget? Chancellor Jeremy Hunt is expected to unveil the Autumn Budget […]
US Markets: End of Bear Market or Another Bear Market Rally?
The recent rally in the markets may not be over, argues Morgan Stanley, which, however, […]
Is Dollar Growth Over? Likely So
The dollar index lost 4% last week, the most significant drop since March 2020. Such […]
AUDUSD: The Market May Collapse to the Previous Low
In the long term, AUDUSD seems to be forming a bearish triple zigzag Ⓦ-Ⓧ-Ⓨ-Ⓧ-Ⓩ, where […]
USD/JPY Claws Back
After a huge rally last week, the Japanese yen has reversed directions today. USD/JPY is […]
US Dollar Index: Bears Pausing after Strong Acceleration, But Expected to Keep Control
The dollar index edges higher in Asian / early European trading on Monday, after the […]
ECB Panetta: Aggressive tightening is not advisable now
ECB Executive Board member Fabio Panetta said in a speech, “after the progress we have […]
Eurozone industrial production rose 0.9% mom, EU up 0.9% mom
Eurozone industrial production rose 0.9% mom in September, well above expectation of 0.1% mom. Production […]
USD/CNH falling towards 7.000, but shouldn’t break there for long
Chinese Yuan surges today and hits the highest level against Dollar since early October. The […]
BoC Macklem: We need to rebalance demand and supply in labor market
BoC Governor Tiff Macklem said in a speech, “to restore price stability, we need to […]