ECB Preview – Holiday Season
The ECB meeting next week is expected to be largely a stock taking meeting and […]
June CPI: September Rate Cut Incoming
Summary This morning’s CPI report was arguably the most encouraging one the FOMC has received […]
Pound on the Offensive
Positive news for the Pound, beyond the fact that England will play in the Euro-24 […]
GBP/USD Hits 4-month High on Strong GDP
The British pound has extended its gains on Thursday. GBP/USD is trading at 1.2876 in […]
Crypto Lacks Bulls
Market picture It seems that all the market bulls have moved on to US and […]
Markets Awaiting US Inflation Data: What is the Probability of Trend Reversals?
The major currency pairs are in a holding pattern following the release of the latest […]
US CPI Preview: US Dollar Index (DXY) Looks for Guidance from Inflation Data
Anticipation is high for the release of US CPI data, which is expected to influence […]
UK Data Eyed as Pound Celebrates Labour Win
Monthly GDP and production figures for June on tap Strong data might hurt August rate […]
Weak Inflation in China Clears the Way for Global Easing
China’s consumer inflation slowed from 0.3% y/y to 0.2% instead of the expected acceleration to […]
RBNZ Dovishness Hits Kiwi
The Reserve Bank of New Zealand kept its benchmark interest rate at 5.5% for the […]
New Zealand Dollar Takes a Tumble After RBNZ’s Dovish Tone
The New Zealand dollar is sharply lower on Wednesday. NZD/USD is trading at 0.6081 in […]
Fed Chair Explicitly Said He Didn’t Intend to Give Any Rate Timing Signals
Markets Fed Chair Powell before Congress yesterday reiterated that the US economy is coming into […]