EURUSD: Bulls Consolidating Ahead of Fresh Push Higher
Bulls are taking a breather for consolidation after advancing 2.7% in past two days (Friday’s […]
ECB de Guindos: We will start QT sooner or later, for sure in 2023
ECB Vice President Luis de Guindos said in an interview, “we will continue raising rates […]
Dollar Recovering Slightly in Consolidative Markets, Breakout Awaited
The currency markets are generally quiet, without committed directions. Dollar is recovering broadly, ahead of […]
BoJ opinions: Undesirable to make premature changes to monetary policy
In the Summary of Opinions at BoJ’s October 27-28 meeting, it’s noted that it’s wages […]
RBNZ 2-yr inflation expectations rose to 3.62%
In RBNZ’s Survey of Expectations, businesses expect interest rate to rise 65bps to 4.15% a […]
Australia NAB business confidence dropped to 0, conditions dropped to 22
Australia NAB Business Confidence dropped from 5 to 0 in October. Business Conditions dropped slightly […]
Australia Westpac consumer sentiment dropped to 78, just slightly above pandemic low
Australia Westpac Consumer Sentiment dropped -6.9% to 78.0 in November. The reading was below the […]
Australia AiG services dropped to 47.7, second month of contraction
Australia AiG Performance of Services Index dropped slightly from 48.0 to 47.7 in October, staying […]
Nasdaq 100 Wave Analysis
Nasdaq 100 reversed from pivotal support 10650.00 Likely to rise to resistance level 11585.00 Nasdaq […]
EURCAD Wave Analysis
EURCAD reversed from key support 1.3280 Likely to rise to resistance level 1.3520 EURCAD under […]
China’s Weak Trade Surplus is No Cause for Disappointment
China’s exports contracted by 0.4% YoY in October, while imports lost 0.7% YoY in dollar […]
SNB Jordan: Determined action is necessary
SNB Chairman Thomas Jordan, said in a conference, “In an environment such as the one […]