FOMC Hikes Rates 25 bps As Expected, Leaves Open Further Hike Expectations
The Federal Reserve has stuck to its previously stated pace with a 25bp rate hike […]
ISM Shows U.S. Manufacturing Sector Contracted for a Third Month in a Row
The January ISM manufacturing index registered 47.4, slightly below expectations calling for a 48.0 print. […]
How Important Will Friday’s NFP Report Be for the Dollar?
The first US nonfarm payrolls report for 2023 will be published on Friday at 13:30 […]
UK Will Not Avoid Recession Says IMF; What Does this Mean for the Pound?
Britain’s economy may be the only one that contracts in 2023 according to the IMF’s […]
US ADP employment grew 106k Jan, disrupted by weather
US ADP private employment grew 106k in January, below expectation of 168k. By sector, goods-producing […]
Eurozone CPI slowed sharply to 8.5% yoy in Jan, core unchanged at 5.2% yoy
Eurozone CPI slowed sharply from 9.2% yoy to 8.5% yoy in January, well below expectation […]
UK PMI manufacturing finalized at 47 in Jan, some shoots of positivity developing
UK PMI Manufacturing was finalized at 47.0 in January, up from December’s 31-month low of […]
GBP/USD Pair Moved into a Short-term Bearish Zone Below 1.2365
The British Pound started a bearish reaction from the 1.2420 resistance zone against the US […]
USDJPY Lacks Clear Direction in Near Term; Neutral Bias
USDJPY has been moving sideways over the last week, holding within the 61.8% Fibonacci retracement […]
FTSE 100 Seeks Support
The FTSE 100 treads water ahead of major central bank decisions. The RSI’s double top […]
NZD/USD in Corrective Mode
The New Zealand dollar dips as the Q4 unemployment rate disappoints. The pair has been […]
Fed hikes 25bps to 4.50-4.75%, ongoing tightening appropriate
Fed raises federal funds rate by 25bps to 4.50-4.75% as widely expected by unanimous vote. […]