XBR/USD Analysis: Brent Oil Price Soars After Attack on Israel
Following Israel’s military operation in Lebanon, Iran launched a missile strike on Israel on October […]
Market Analysis: EUR/USD Trims Gains, USD/JPY Eyes Fresh Increase
EUR/USD declined from the 1.1200 resistance and corrected gains. USD/JPY is rising and might gain […]
GBPUSD Slips Near Strong Support of 1.3265
GBPUSD remains above 20-day SMA Stochastic and RSI reflect latest downside move. GBPUSD is notably […]
Dollar Index (DXY) Looking for a Flat Elliott Wave Correction
Short Term Elliott Wave View in Dollar Index (DXY) suggests that decline to 100.2 ended […]
We Continue to Err on the Side of Another 50 bps Fed Rate Cut
Markets German Bunds outperformed US Treasuries yesterday. German yields closed 4.8 bps (2-yr) to 9.8 […]
Risk Off Reins
First, the US east and gulf ports went on a strike on Tuesday, as expected. […]
Tensions Escalating in Middle East
In focus today In the US, ADP private sector employment growth will provide some early […]
AUD/USD Struggles With Gains, Faces A Downturn
Key Highlights AUD/USD faced resistance near 0.6940 and started a downside correction. A key bullish […]
ECB’s Kazaks: Recent data clearly points towards Oct rate cut
ECB Governing Council member Martins Kazaks indicated that recent data “clearly point in the direction […]
SNB’s Schlegel: Prepared for more rate cuts as inflation downside risks outweigh upside
At an event overnight, new SNB Chair Martin Schlegel indicated that the central bank is […]
RBNZ: What Are You Waiting for? OCR to be Cut 50bps in Both October and November
We now expect the RBNZ to cut the OCR by 50bps to 4.75% at the […]
WTI surges on Middle East Conflict, but viewed as corrective move
Oil prices surged overnight, with WTI crude breaking back above 70 as tensions in the […]