ECB accounts: Less frontloaded but steadier approach consistent with persistent inflation process
In the accounts of ECB’s December meeting, it’s noted that a “large number” of members […]
AUD/USD: Weak Australian Jobs Data Increase Pressure
The AUDUSD holds in red for the second day, following strong upside rejection on Wednesday, […]
ECB Lagarde: Inflation is way too high, we should stay the course
ECB President Christine Lagarde said in Davos today, “Inflation by all accounts, whichever way you […]
With the Bank of Japan Sticking to its Ultrasoft Policy, JPY Looks Overbought
The Bank of Japan, which has not changed interest rates for the past six years […]
AUD/USD Slides after Soft Aussie Job Report
The Australian dollar has extended its slide on Thursday. AUD/USD is trading at 0.6884 in […]
ECB Knot: Don’t assume that it’s a one-shot 50; it’s more than that
ECB Governing Council member Klaas Knot told CNBC today, “Our president has already announced that […]
EUR/USD: Long Correction Likely to Complete Near 1.122
In the long term, the EURUSD currency is expected to form a bearish cycle impulse […]
USDCHF at Risk of Further Weakness
USDCHF slumped to test the former support area of 0.9085 on Wednesday before minimizing its […]
AUDUSD Retraces Lower as Advance Falters Around 5-month Peak
AUDUSD has been staging an impressive rebound after finding its feet at the 32-month low of […]
WTI Futures Maintain Bearish Bias Below Downtrend Line
WTI crude oil futures are easing near the short-term simple moving averages (SMAs), which are […]
XAU/USD Grinds Resistance
Gold retreated after Fed officials echoed hawkish sentiments. On the daily chart, the price is […]
BoE Bailey: We don’t target a particular peak interest rate
BoE Governor Andrew Bailey said two months of decline in headline inflation is “the beginning […]