US Oil Struggles for Support
WTI crude plunges over a buildup in US storage. The price turned south after it […]
XAUUSD Tests Key Resistance
Bullion pulls lower as traders reposition ahead of US inflation data. The price has recouped […]
AUDUSD Consolidates Gains
The Australian dollar steadies as inflation expectations beat estimates. After the pair found support over […]
Hope Fades Ahead of CPI Data
We’re seeing some risk aversion in financial markets on Thursday as we await inflation data […]
Long-Awaited US CPI Release Will Take Center Stage Today
Markets Yesterday, a rather inconclusive outcome of the US midterm elections initially left markets looking […]
Will US Inflation be the Next ‘Hot Beat’ on the Dance Floor?
The hottest beats on the dancefloor these days are inflation reports, with the vast majority […]
Elliott Wave View: AUDUSD Looking to Rally in Double Correction
Short term Elliott Wave view in AUDUSD shows an incomplete bullish sequence from 10.13.2022 low […]
Fed Kashkari: Any talk of a pivot is entirely premature
Minneapolis Federal Reserve Bank President Neel Kashkari said, “at the next meeting, which is mid-December, I […]
Fed Evans: There’s benefits to adjusting tightening pace soon
Chicago Fed President Charles Evans said yesterday, “there’s benefits to adjusting the pace (of tightening) […]
S&P 500 Index Technical Outlook: Cracks in the Nascent Uptrend?
The sharp fall on Wednesday suggests that cracks are beginning to appear in the S&P […]
British Pound Pummelled as Crypto Contagion Engulfs Risk Assets. Lower GBP/USD Again?
The British Pound is under the pump again as the collapse of FTX ricochets through […]
BoJ Kuroda: Premature to lay out details of exit strategy
BoJ Governor Haruhiko Kuroda told the parliament, “it’s premature to lay out details of an […]