Weekly Focus – Markets Are Rallying But Is It Premature?
Year 2023 has delivered for risk lovers thus far. Early signs of moderating core price […]
GBPUSD Pullbacks Despite Surprise in GDP Data
Britain, as previously with mainland Europe, is showing better than expected GDP performance, tempering expectations […]
EUR/JPY Falls Sharply for the Second Day
The cross extends steep fall into second straight day, losing 1.3% until early US session […]
Futures Fall as Q4 Earnings Season Kicks Off
US futures Dow futures -0.86% at 33915 S&P futures -0.98% at 3944 Nasdaq futures -1.02% […]
USD/JPY: Larger Downtrend to Resume after Taking Out Key Supports
The USDJPY keeps firm negative tone and dips to new lowest levels in over seven […]
Dollar Trying to Recover, Except Versus Yen
Yen’s rally continues today on talks that BoJ could tweak the yield curve control again […]
WTI Oil Futures Retest 50-day SMA
WTI oil futures (February delivery) have been trending downwards since June but managed to regain some ground […]
Earnings to Spoil the Party?
It’s been another lively week in financial markets and one in which investors have become […]
Weak Chinese Trade Data – Low Base for Subsequent Growth
China’s foreign trade data for December was another demonstration of why the government went for […]
AUD/USD: Aussie Keep Firm Tone But Bulls May Take a Breather Before Push Through 0.70 Barrier
The Australian dollar remains firm on Friday and attempts towards psychological 0.70 barrier after rallying […]
XAU/USD: Probe Through Key Barriers Signals Further Gains
Gold keeps firm bullish stance and probing through key barriers ay $1896/$1900 (Fibo 61.8% of […]
NIESR expects 0.1% UK GDP growth in Q4, Q1 risk on the downside
After today’s UK GDP release, NIESR forecasts that GDP in December will fall relative to […]