USD/JPY Extends Gains: Is More Upside Ahead?
Key Highlights USD/JPY started another increase above the 154.65 resistance. A key bullish trend line […]
NZ BNZ manufacturing falls to 45.8, further contraction but new orders show signs of recovery
New Zealand’s BusinessNZ Performance of Manufacturing Index dropped from 47.0 to 45.8 in, marking its […]
Fed’s Powell: Rate moving towards neutral, but no rush to cuts
Fed Chair Jerome Powell conveyed in a speech overnight that the central bank sees no […]
Trading USD/CHF: What to Expect After US Dollar’s Multi-Month Highs
USD/CHF is facing resistance at the 0.8900 handle after breaking above the 200-day MA. The […]
Ethereum Rally Takes a Breather
Ethereum hovers above a key support level Profit-taking put a stop to the recent rally […]
Crypto: Tug-of-War at New Altitude
Market Picture Cryptocurrencies continued to surge, pushing the total capitalisation of this market to a […]
US initial jobless claims falls to 217k vs exp 224k
US initial jobless claims fell -4k to 217k in the week ending November 9, below […]
US PPI up 0.2% mom, 2.4% yoy in Oct
US PPI for final demand rose 0.2% mom in October, matched expectations. Most of the […]
ECB accounts: Earlier path to 2% inflation, downside risks increase
In reviewing the October meeting accounts, ECB policymakers broadly agreed that the disinflationary trend in […]
Gold Falls for the Fifth Consecutive Trading Session
On Thursday, the price of a troy ounce of Gold is lower, approaching 2,560.00 USD. […]
Japan’s real GDP growth slows to 0.9% annualized, robust consumption but weak investment
Japan’s economy expanded by 0.2% qoq in Q3 2024, aligning with market expectations but indicating […]