Germany 30 Technical: A Potential Minor Corrective Decline Looms
Short-term RSI momentum indicator has flashed out bullish exhaustion condition after 6 consecutive weekly positive […]
Recent Inflation Data Probably Will Allow Fed to Remove a Final Rate Hike
Markets Markets yesterday understandably started the week in a wait-and-see modus, looking forward to key […]
Euro Flat as German Inflation Declines
German inflation confirmed at -0.4% US nonfarm payrolls project to accelerate to 180,000 The euro […]
Germany 30 Technical: New Intraday Record High, Short-Term Bullish Trend Intact
Cleared above 16,300 major range resistance in place since November 2021. Watch the 16,440 key […]
Market Upturn as Inflation Cools; Stocks Climb, Euro and Dollar Falter
Financial markets were dominated by themes of cooling inflation, a slowing economy, and increasing expectations […]
EUR/USD Drops Ahead of Eurozone CPI
Eurozone inflation expected to decline to 2.7% ECB’s Lagarde delivers remarks later today The euro […]
EUR/USD Dips as German Inflation Declines
German inflation falls to 3.2%, eurozone inflation next US second-estimate GDP improves to 5.2% The […]
FX Market Temporarily Looking Past Weakness in Euro Area Data
Worrying news on the Eurozone economy continues to come in, although this is not hurting […]
Dollar Stays in the Sefensive
Markets US markets on Friday and after Thanksgiving joined the rebound in yields in Europe […]
Germany on the Brink of Recession, UK Consumer Confidence Improving
A quiet end to the week draws to a close with European indices treading water […]
Germany’s Gfk consumer sentiment ticks up to -27.8, mood still characterized by uncertainty and concern
Germany’s Gfk consumer sentiment index for December showed a marginal improvement, rising from -28.3 to […]