Underlying Price Pressures Moderating in the US
Market movers today We get the US 5-10 years consumer inflation expectations from the University of Michigan, […]
Copper (HG) Rallies in a Nesting Impulse According to Elliott Wave
Copper (HG) rally from 9.28.2022 low is unfolding as a nesting impulse Elliott Wave structure. […]
Euro Continues to Surge as the US Dollar Wilts Post US CPI. Higher EUR/USD?
The Euro rally has been maintained today after the US Dollar was pummelled on bets […]
BoE Mann: Bringing inflation down may require a significant recession
BoE MPC member Catherine Mann said yesterday that she’s “worrying about… underlying inflation dynamic looks […]
Fed Barkin: Inflation to be more persistent than a simple drop to 2%
Richmond Fed president Tom Barkin said he was “in concept supportive of a path that […]
Fed Bullard prefers getting rates above 5% asap
St. Louis Fed President James Bullard said yesterday that it’s “encouraging” that inflation “went in the […]
Japanese Yen Technical Outlook: USD/JPY Nears Key Support
The fall to a 6-1/2-month low on Thursday confirms that downward momentum in USD/JPY remains […]
USD/JPY Nosedives and At Risk of More Downsides
Key Highlights USD/JPY started a fresh decline from the 134.80 resistance. It traded below a […]
Natural Gas (NG): A Look at Elliott Wave Decline and Target Area
Natural Gas (NG) has lost over 63% in value since the peak in August 2022. […]
Yen Gaining on Speculation of BoJ Action Next Week
Yen pairs are having another large sell-off today as speculation runs rampant that the BoJ […]
US December CPI Drops to 6.5% YoY; Lowest Level Since October 2021
It seems like the market has been waiting all week for the US December CPI […]
China export plunged -9.9% yoy in Dec, imports dropped -7.5% yoy
China exports plunged -9.9% yoy in December in USD terms, worst drop since February 2020, […]