The Fed Keeps a Close Eye on the Labour Market
Market movers today Today’s data calendar is thin. After yesterday’s bunch of data releases and […]
Japanese Yen in Focus as Crude Oil Sails South. Will Lower Energy Prices Sink USD/JPY?
The Japanese Yen has steadied after losing ground to the US Dollar overnight after the […]
FOMC Minutes: Anticipate ongoing rate hikes appropriate
In the minutes of the December FOMC meeting, the participants agreed that inflation was “unacceptably […]
British Pound Technical Outlook Diverges With GBP/USD, GBP/JPY Positioning Signals
As the British Pound gained on Wednesday, retail traders responded by boosting GBP/USD and GBP/JPY […]
Gold Price Could Extend Gains To $1,900, Here’s Why
Key Highlights Gold price started a fresh increase above the $1,825 resistance. A connecting bullish […]
Good News from China Helps Lift AUD/USD
China is said to be considering a partial easing to the ban on imports of […]
FOMC Minutes: Inflation Still Main Risk
The Minutes from the December FOMC meeting showed that Fed members observed that a slowing […]
Fed Minutes Showed Continued Commitment to High Policy Rates Through 2023
The minutes from the December 13-14, 2022 Federal Open Market Committee (FOMC) meeting showed that […]
France 40 IG Client Sentiment: Our data shows traders are now at their least net-long France 40 since Jan 03 when France 40 traded near 7,235.20.
Traders are further net-short than yesterday and last week, and the combination of current sentiment […]
EURUSD Breakout Falters as Market Doubts Fed Commitment
The minutes to the Fed’s December 13th-14th policy meeting and 50 basis point rate hike […]
China Caixin PMI composite improved to 48.3, continuing contraction
China Caixin PMI Services rose from 46.7 to 48.0 in December, above expectation of 47.5. […]