GBP/USD Pulls Back
The US dollar held its ground after service PMI remained resilient. The pair is striving […]
Dollar Caught a Break Thanks to Yield Support and Risk-off Setting
Markets “All” it took for US investors to digest Friday’s strong payrolls was a weekend […]
Elliott Wave View: USDCHF Completing 5 Waves Impulse
Short term Elliott Wave View in $USDCHF suggests that the decline from 10.21.2022 high is […]
RBA Board Raises the Cash Rate by 0.25%
Contrary to widespread expectations RBA Board retains strong tightening bias. The Reserve Bank Board lifted […]
RBA Hike Rates by 25bp, More Hikes to Follow
Summary of the RBA’s December statement: The RBA raised rates by 25bp from 2.85% to […]
Fed Hawks Are, Of Course, Back
Stocks fell and the US dollar strengthened on Monday. One of the reasons that could […]
Strong US Data Stokes ‘Rate Fears’ and Curbs Risk Appetite
Market movers today Today, Germany releases factory orders for October where consensus expects a stabilisation […]
Crude Oil Ponders Course as Markets Fears the Return of the Fed. Lower WTI?
The Euro backed away from parity again after the US Dollar ascendency got back on […]
RBA hikes 25bps, expects to increase interest rates further
RBA raises cash rate by 25bps to 3.10% as widely expected. Tightening bias is maintained […]
(RBA) Statement by Philip Lowe, Governor: Monetary Policy Decision
At its meeting today, the Board decided to increase the cash rate target by 25 […]
GBP/USD Rally Takes Breather, Why Dips Might Be Limited
Key Highlights GBP/USD rallied above the 1.2200 and 1.2250 levels. A major bullish trend line […]
ECB Lane reasonably confidence EZ close to peak inflation
ECB Chief Economist Philip Lane said in an interview, “I would be reasonably confident in […]