Euro/ECB About to Outhawk Both USD/Fed and GBP/BoE
Markets The Fed unanimously decided to raise its policy rate by 25 bps to 4.5%-4.75%, […]
Tighter Monetary Policy – Lower Bond Yields
Market movers today While markets found Powell’s comments to be on the dovish side yesterday, […]
Big Miss for ADP Employment Change; Weather Cited
The ADP Employment Change showed that the US economy added 106,000 private sector jobs in […]
How Important Will Friday’s NFP Report Be for the Dollar?
The first US nonfarm payrolls report for 2023 will be published on Friday at 13:30 […]
GBP/USD Pair Moved into a Short-term Bearish Zone Below 1.2365
The British Pound started a bearish reaction from the 1.2420 resistance zone against the US […]
USDJPY Lacks Clear Direction in Near Term; Neutral Bias
USDJPY has been moving sideways over the last week, holding within the 61.8% Fibonacci retracement […]
NZD/USD in Corrective Mode
The New Zealand dollar dips as the Q4 unemployment rate disappoints. The pair has been […]
USD/CAD Gives Up Gains
The Canadian dollar recouped losses after November’s GDP beat expectations. On the daily chart, the […]
Will Easing Inflation and Slower Wages Get the Fed Closer to Pause?
Weak economic data ran to the rescue of the equity bulls on Tuesday. The Federal […]
Euro Area Inflation Data as an Appetizer Ahead of FOMC Tonight
Market movers today The main event today will be the FOMC meeting. Anything but a […]
Consumer Confidence Recap: A Rollercoaster of Economic Emotion
If you imagine the US economy as a rollercoaster ride, then the Conference Board’s Consumer […]
EUR/USD upside breakout as Fed Powell said disinflationary process has started
US stocks staged a reversal while EUR/USD broke out to the upside on Fed Chair […]