No April Fooling for RBA – Rates on Hold This Meeting
The RBA was too hawkish in its rhetoric last month to consider a cut at […]
Dow Jones (DJIA) Advances, US Consumer Confidence Slides
Despite rising recession fears and declining US consumer confidence, the Dow Jones Industrial Average is […]
GBPJPY: BoJ Discusses Future Plans
Technical Analysis Current Policy Rate: 0.5% (Highest since 2008) Previous Hikes: March 2024: Exit from […]
Gold: Bulls Regain Traction After a Double Rejection at Key $3000 Support
Gold price bounced on Tuesday after a double failure on important $3000 support signaled that […]
Japanese Yen Recovers After Hawkish Bank of Japan Minutes
The Japanese yen has rebounded on Tuesday after sliding almost 1% a day earlier. In […]
Fed’s Kugler: Reaccelerating goods inflation unhelpful
Fed Governor Adriana Kugler expressed growing concern over the recent behavior of inflation. Speaking today, […]
EUR/USD Outlook: Recovery Attempts Above Fibo Support/20DMA
EURUSD ticked higher on Tuesday after four-day pullback from new multi-month high at 1.0954 (larger […]
Crypto Market Prepares to Storm the Trend Line
Market Picture The crypto market is losing slightly early Tuesday afternoon, cutting the gains of […]
Germany’s Ifo rises to 86.7, hopes build for modest recovery
Germany’s Ifo Business Climate index edged higher from 85.3 to 86.7 in March, While the […]
Forex Traders Focus on Trump’s Tariff News
As April 2 approaches—the date when Trump’s international trade tariffs are set to take effect—traders […]
Navigating the US Dollar (DXY): Tariffs, Data, and Technicals
The US Dollar Index (DXY) rose to a three-week high due to positive US business […]
US consumer confidence plunges to 92.9, expectations index hits 12-year low
US consumer confidence took a sharp turn lower in March, with Conference Board’s index dropping […]