Gold: Fifth Wave in Progress
Gold finally broke to the upside yesterday, moving sharply through the 2529 level and out […]
GBPJPY Makes a Backflip, But Patience Needed
GBPJPY resumes negative momentum, but hopes for a pivot remain Sellers need a close below […]
Gold Price Hits New Record
As shown by the XAU/USD chart: → Gold has reached a new all-time high; → […]
DAX 40 Reacts Positively to ECB’s Rate Cut Decision
Yesterday, the European Central Bank’s Governing Council cut the refinancing rate, as expected, from 4.25% […]
ECB officials stress data-driven approach as inflation and growth weigh on policy
ECB officials shared varied perspectives on the economic outlook and monetary policy today, following yesterday’s […]
USDCAD Flirts With 200-Day SMA Again
USDCAD remains below 1.3600 MACD and RSI indicate upside recovery USDCAD is moving back and […]
US Treasuries Rally Overnight With Front End of the Curve Outperforming.
Markets The ECB cut its deposit rate by 25 bps to 3.5% while narrowing the […]
Industrial Production and Inflation Expectations in the Spotlight
In focus today In the US, the University of Michigan’s preliminary consumer sentiment survey for […]
Euro Rebounds on Lack of Hint for Further Cuts
The European Central Bank (ECB) yesterday lowered its deposit facility rate by 25bp for the […]
Cliff Notes: Nerves Show on the Outlook
Key insights from the week that was. The September Westpac-MI Consumer Sentiment survey once again […]
USD/JPY Struggles To Rebound: What’s Holding It Back?
Key Highlights USD/JPY extended losses and tested the 140.70 level. A connecting bearish trend line […]
Eurozone industrial production falls -0.3% mom in Jul, weighed down by capital and durable consumer goods
Eurozone industrial production fell by -0.3% mom in July, missing expectations of 0.2% mom rise. […]