JP 225 Index Hits Wall Again at 78.6% Fibonacci
JP 225 index trades sideway after failing to overcome 78.6% Fibonacci Technical indicators are mixed […]
Bank of Japan Undecided on Rate Hike, Yen Lower
The Japanese yen is in negative territory on Tuesday. In the North American session, USD/JPY […]
EUR/USD Slips to 7-Month Low on Weak Eurozone Confidence Data
The euro can’t seem to find its footing. EUR/USD is down for a third straight […]
Dollar Extends Rally as Yields Jumps; Euro Weakens on Disappointing Data
Dollar’s rally continues broadly today, though most of its strength remains concentrated against European majors. […]
German ZEW slumps to 7.4, domestic political uncertainty and US election outcome
German ZEW Economic Sentiment index took a significant hit in November, plunging from 13.1 to […]
USDCHF Struggles at 200-day SMA
USDCHF has been rallying since end of September MACD and RSI seem to be strongly positive USDCHF […]
EURJPY Takes a Bearish Turn
EURJPY moves sideways, but technical signals point to more downside Support could come near 162.25; […]
Hang Seng Index: Medium-Term Bullish Trend in Jeopardy After China Stimulus Disappoints
Lack of concrete fiscal stimulus measures ex-post China NPC Standing Committee meeting. Deflationary and liquidity […]
Brent Crude Stumbles as Market Sentiments Turn Cautious
Brent crude oil prices have continued to slip, touching 71.74 USD a barrel on Tuesday. […]
Aussie Extends Losses, Wage Inflation Next
The Australian dollar has posted sharp losses on Tuesday. In the European session, AUD/USD is […]
BoE’s Pill cites persistent pay growth and underlying inflationary pressures
At a conference today, BoE Chief Economist Huw Pill referred to today’s UK labor market […]