Eurozone unemployment rate unchanged at 6.4%, EU down to 5.9%
Eurozone’s unemployment rate was unchanged at 6.4% in August, aligning with market expectations. Meanwhile, EU […]
USDJPY Outlook Remains Gloomy
USDJPY holds below key resistance levels as October’s session starts Technical signals cannot warrant a […]
Changing of Guard at Swiss National Bank
The Swiss franc is calm on Wednesday. In the European session, USD/CHF is trading at […]
XBR/USD Analysis: Brent Oil Price Soars After Attack on Israel
Following Israel’s military operation in Lebanon, Iran launched a missile strike on Israel on October […]
Market Analysis: EUR/USD Trims Gains, USD/JPY Eyes Fresh Increase
EUR/USD declined from the 1.1200 resistance and corrected gains. USD/JPY is rising and might gain […]
GBPUSD Slips Near Strong Support of 1.3265
GBPUSD remains above 20-day SMA Stochastic and RSI reflect latest downside move. GBPUSD is notably […]
Dollar Index (DXY) Looking for a Flat Elliott Wave Correction
Short Term Elliott Wave View in Dollar Index (DXY) suggests that decline to 100.2 ended […]
We Continue to Err on the Side of Another 50 bps Fed Rate Cut
Markets German Bunds outperformed US Treasuries yesterday. German yields closed 4.8 bps (2-yr) to 9.8 […]
Risk Off Reins
First, the US east and gulf ports went on a strike on Tuesday, as expected. […]
Tensions Escalating in Middle East
In focus today In the US, ADP private sector employment growth will provide some early […]
BoJ’s Ueda vows extremely high vigilance amid domestic and global economic uncertainties
BoJ Governor Kazuo Ueda reaffirmed today that Japan’s economy is expected to sustain a moderate […]