AUDJPY Stalls Near 50-SMA Ahead of RBA Rate Decision
AUDJPY pauses recovery phase around 50-day SMA Risk skewed to the upside; major resistance near […]
AUD/USD Rises to Eight-Month High, RBA Next
The Australian dollar has started the week with gains. AUD/USD touched a high of 0.6850, […]
Nosedive in Eurozone Economic Activity
Preliminary Eurozone PMI estimates sent the EURUSD down 0.67% over the hour, as they were […]
Fed’s Bostic justifies 50bps rate cut amid faster inflation progress, labor market weakness
In a speech today, Atlanta Fed President Raphael Bostic shed light on his support for […]
Fed’s Kashkari backs 50bps cut, shifts focus to labor market weakness
In an essay, Minneapolis Fed President Neel Kashkari provided insight into his support for last […]
USD/JPY Technical: Mean Reversion Rebound in Progress Within a Medium-Term Downtrend
USD/JPY failure to have a clear break below 140.25 coupled with BoJ Governor Ueda’s cautious […]
Euro Slips as Eurozone PMIs Dip, US PMIs Next
The euro has started the trading week with considerable losses. EUR/USD is trading at 1.1103 […]
EUR/USD Outlook: Weak Data Deflate Euro But Larger Bulls Remain in Play
EURUSD was sharply down on Monday morning after weaker than expected German and French PMI’s […]
The Crypto Market Bullish Pause
Market Picture The cryptocurrency market paused growth early in the day on Monday after last […]
Analysts Predict Bitcoin’s Price Will Rise to an All-Time High This Year
As reported by CNBC, Jeff Kendrick from Standard Chartered Bank forecasts that, against the backdrop […]
US PMI indicates 2.2% annualized GDP growth, inflation remains a concern
US PMI Manufacturing fell from 47.9 to 47.0, marking a 15-month low. PMI Services slipped […]