Forex Friday: Dollar Spikes on Hot PPI ahead of Major Risk Events
Welcome to another edition of Forex Friday, a weekly report in which we discuss selected […]
Stock Fall after Hotter than Forecast Core PPI
US futures Dow futures -0.4% at 33630 S&P futures -0.5% at 3945 Nasdaq futures -0.5% […]
USD/JPY: Pullback Acceleration Adds to Signals of Reversal
The USDJPY accelerated lower on Friday after a triple daily Doji, adding to signals that […]
GBP/USD: High Probability of Price Collapse to a Minimum of 1.0925
GBPUSD formation suggests the formation of a global corrective trend – a triple zigzag w-x-y-x-z, […]
GBP/USD: Cable Keeps Positive Tone Above 200DMA But Weekly Doji Warns
Cable remains constructive and extends bounce from 200DMA on Friday, retracing over 61.8% of a […]
NZD/USD Yawns as Manufacturing Sales Shines
It has been a generally muted week for the New Zealand dollar, save for Monday, […]
Dollar Index: Dollar Remains at the Back Foot on Renewed Recession Fears, Fed in Focus
The dollar index holds in red for the third day and threatening to fully retrace […]
USDCAD Rests Near 50-day SMA Above Downtrend Line
USDCAD is still trading above the short-term descending trend line and the strong 50-day simple […]
GBPJPY Poised to Breakout from Triangle
GBPJPY is looking for a breakout from the upper trendline of a symmetrical triangle at 167.10 after a gradual […]
EUR/USD Pair Tested the 1.0585 Level Before the Bears Appeared
The Euro started a fresh increase above the 1.0500 and 1.0520 resistance levels against the […]
BoC Kozicki: We will be considering whether to increase rates further
BoC Governor Deputy Governor Sharon Kozicki said in speech yesterday, “going forward, we will be […]
China CPI slowed to 1.6% yoy in Nov, core CPI down -0.6% yoy
China CPI slowed from 2.1% yoy to 1.6% yoy in November, below expectation of 1.7% […]