Dow Jones Shows Over-extension
The Dow Jones 30 slips as protests in China against Covid curbs raise concerns about […]
AUD/USD Seeks Support
The Australian dollar retreats after a lacklustre retail sales reading in October. The pair is […]
USD/JPY Remains Under Pressure
The Japanese yen fell after an uptick in October’s jobless rate. The rebound has met […]
Dollar Recently Traded in Defensive and Still Looks Vulnerable to Bad Eco News
Markets In the absence of important eco data, the new China Corona outbreaks and central […]
Australian Dollar Technical Outlook: AUD/USD Rally Pauses
The Australian Dollar’s rally against the US dollar may have stalled recently but it doesn’t […]
Euro Fights Back Against a Tumultuous US Dollar Caught Between Risk and a Hawkish Fed
The Euro clawed back some gains after the US Dollar ascendency was questioned despite the […]
Fed Barkin supportive of slower, but probably longer and potentially high tightening
Richmond Fed President Thomas Barkin said in an interview yesterday, “I’m very supportive of a […]
Fed Williams: Restrictive policy to continue through at least next year
New York Fed President John Williams said yesterday, “Inflation is far too high, and persistently […]
Fed Bullard: Strong labor market gives us license to pursue disinflationary strategy
St. Louis Fed President James Bullard reiterated yesterday that interest rate has to be raised […]
US Jobs Data and Powell’s Speech Eyed as Dollar Rally Stalls
There’s a storm of critical events this week that will shape the US dollar’s trajectory, […]
GBP/USD Eyes Fresh Rally, Dollar Dips Further
Key Highlights GBP/USD is holding gains above the 1.2000 support zone. It is trading above […]
NZIER: RBNZ rate to peak at 5% next year
In the November Monetary Policy Statement, RBNZ projected that interest rate would peak at 5.5% […]