British Pound Extends Rally
The British pound has extended its gains today, following a huge Thursday. In the European […]
XAUUSD: Bulls Have a Great Potential to Bring the Price to 1802.65
Most likely, as a few weeks ago, a large correction pattern is forming on XAUUSD, […]
USDCAD Confirms Bearish Trend Reversal
USDCAD completed a bearish head and shoulders structure following the rejection near the 50-day simple moving average […]
USDJPY: Consolidation after Strong Fall on Thursday Likely to Precede Further Weakness
The USDJPY is consolidating in early Friday after suffering heavy losses on Thursday, when the […]
Gold Hits 3-Month High, UK Data Dump Up Next
Asian Indices: Australia’s ASX 200 index rose by 193 points (2.77%) and currently trades at […]
Aren’t We Overreacting?
The US headline inflation fell to 7.7% in October, versus 8.0% expected by analysts and […]
US CPI Surprising on the Downside Sparks Risk Rally
Market movers today The European Commission will publish its autumn forecasts for the European countries […]
SNB Maechler: Further rate hikes may be necessary
SNB board member Andrea Maechler said an in interview, “it is not out of the question […]
BoC Macklem: We need to rebalance the labor market
BoC Governor Tiff Macklem said yesterday, “We need to rebalance the labour market… This will […]
Fed George urges steady and deliberate approach to raising policy rate
Kansas City Fed President Esther George said yesterday, “I continue to see several advantages for […]
Fed Mester: There continue to be some upside risks to inflation forecast
Cleveland Fed President Loretta Mester yesterday’s October CPI report “suggests some easing in overall and […]
UK GDP contracted -0.6% mom in Sep, worse than expectation
UK GDP contracted -0.6% mom in September, worse than expectation of -0.4% mom. Services dropped […]