XAG/USD: Bulls Targeting 24.788 on a Double Zigzag Pattern
Looking at the 1H timeframe, we see the development of the corrective wave b, which […]
FTSE 100 Consolidates Gains
The FTSE 100 falters as traders ponder the Fed’s potential stance next week. The bulls […]
AUD/USD Struggles for Support
The Australian dollar softened after the RBA lifted its cash rate by 25bp as expected. […]
EUR/USD Hits Resistance
The US dollar edges higher as dovish incentives for the Fed fade amid robust data. […]
Equities, Oil Fall, Brent Below $80pb for the First Time Since January
Equities extend the downside recovery, following the failure to clear an important year-to-date resistance last […]
Sour Risk Sentiment and China Eases COVID-19 Restrictions
Market movers today Today we get German industrial production data for October. Consensus is looking […]
The US Dollar Gripped the Ascendency as Risks of Recession Swirl. Will USD go Higher?
The US Dollar held on to overnight gains as markets recalibrate risks of an economic […]
Australia AiG services fell to 45.6, deepening contraction
Australia AiG Performance of Services dropped -2.1 pts to 45.6 in November, signaling contraction for […]
Australia GDP grew 0.6% qoq in Q3, terms of trade deteriorated
Australia GDP grew 0.6% qoq in Q3, below expectation of 0.7% qoq. Household spending rose […]
BoJ Nakamura: Inflation not accompanied by wage increases yet
BoJ board member Toyoaki Nakamura said, “recent price rises aren’t accompanied by wage increases yet”. […]
CAD/JPY struggling at 100, eyes on BoC hike
BoC is widely expected to continue with tightening today. But opinion on the size of […]