Precious Metals Remain Under Pressure
The US dollar’s sharp recovery has not shown any major signs of a reversal yet, […]
GBPUSD Forms Bearish Double Top; Confirmation Required
GBPUSD raised questions over its four-month-old positive trend after failing to print a new higher […]
EURJPY Lacks Direction as Near-Term Outlook Turns Neutral Again
EURJPY has found a strong resistance level near the 23.6% Fibonacci retracement level of the up leg […]
Two Trades to Watch: USD/CAD, Gold
USD/CAD falls ahead of speeches from Fed Chair Powell & BoC’s Macklem USD/CAD is falling […]
DXY: Are Bears Strong Enough to Lower Price to 97.307?
The current DXY structure suggests that we are at the end of a global corrective […]
RBA Board Increases the Cash Rate by 0.25% to 3.35%
Governor’s statement slightly more hawkish than in December. We confirm our forecast for the cash […]
US Dollar Bumped by Hawkish Fed and the RBA Joins the Rate Hike Party. Higher USD?
The US Dollar gave up some ground today after reclaiming the ascendency with the Federal […]
RBA hikes 25bps, further increases needed over the months ahead
RBA raises the cash rate target by 25bps to 3.35% as widely expected. The Board […]
Fed Bostic: Strong job data probably translate into more rate hikes than projected
Atlanta Fed President Raphael Bostic told Bloomberg News yesterday, last week’s strong non-farm payroll report […]
BoE Pill more concerned about the potential persistence of inflation
BoE Chief Economist Huw Pill said yesterday, “I do have high degree of confidence (about […]
Another 25bp Hawkish Hike from the RBA
Summary of the RBA’s February 2023 statement: The RBA hiked the cash rate target by […]
ECB Villeroy: No need to choose between fighting inflation and avoiding recession
ECB Governing Council member Francois Villeroy de Galhau said the improved economic situation in Eurozone […]