Cliff Notes: Conflicting Forces for Sentiment
Key insights from the week that was. This week delivered a very weak update for […]
USD/JPY Nosedives As US CPI Dips Below 8%
Key Highlights USD/JPY declined heavily and traded below the 145.50 support. A major bearish trend […]
There’ll Be a Lot of Bond Bears With Sore Heads Today
The much softer than expected inflation report for the US was exciting news indeed for […]
S&P 500 Index Technical Outlook: Key Barrier Broken. Where to Next?
The S&P 500 index’s break above key resistance on Thursday confirms that the month-long uptrend […]
Japanese Yen Holds Ground as Inflation Data Sinks the US Dollar. Lower USD/JPY?
The Japanese Yen gained on a weaker US Dollar after US CPI came in softer […]
Bitcoin Rebound in Doubt Amid Crypto Market Woes as APAC Markets Eye Risk-On Session
Bitcoin rebounded strongly during US trading hours after a weaker-than-expected CPI report weighed on Fed […]
US Dollar Forecast: Drop in Yields Post-CPI Spurs Major Technical Reversals in DXY, USD/JPY Rates
The US Dollar’s post-CPI meltdown is one for the books.
EUR/USD: Euro Accelerated Higher After Weaker than Expected US Inflation Data
The euro rose strongly in the US session on Thursday, after lower than expected inflation […]
S&P 500 Short-term Outlook: SPX500 Threatens Breakout at Monthly High
S&P 500 is poised to mark the largest single-day advance since 2020 with the index […]
Gold completes double bottom, 1788 next
Gold’s rally accelerates higher today, as reaction to Dollar’s post-CPI sell-off. Break of 179.28 resistance […]
Fed Daly: One month does not a victory make
San Francisco Fed President Mary Daly said yesterday that the slowdown in inflation was “goods […]