US initial jobless claims rose to 240k, above expectation
US initial jobless claims rose 17k to 240k in the week ending November 19, above […]
USD/JPY Pair Moved into a Short-term Bearish Zone Below 142.00
The US Dollar started a fresh decline from well above the 145.00 zone against the […]
Bundesbank: Inflation rate in double digits beyond turn of the year
In the monthly report, Bundesbank said “all in all, despite the higher than expected economic […]
RBNZ Accelerates Rate Hike, Encouraging NZD Rise
The Reserve Bank of New Zealand raised the rate by 75 points to 4.25% after […]
Natural Gas Wave Analysis
Natural gas broke resistance level 7.230 Likely to rise to resistance level 8.160 Natural gas […]
ECB de Guindos: We will continue to raise interest rates
ECB Vice-President Luis de Guindos said at a finance event, “we will continue to raise […]
Two Trades to Watch: USD/JPY, FTSE
USD/JPY rises ahead of the Fed minutes, PMIs The minutes are from the November Fed […]
Trade Idea: Breakdown of Major Pairs
Even though we’ve only witnessed sluggish movements from the Dollar over the past few weeks, […]
Traders Await FOMC Minutes to Learn About Fed’s Outlook on Monetary Policy
On Tuesday, the Swiss franc was the best-performing currency among the 20 global currencies we […]
UK PMI composite ticked up to 48.3, downturn will deepen into new year
UK PMI Manufacturing was unchanged at 46.2 in November. PMI services was also unchanged at […]
Eurozone PMI composite ticked up to 47.8, consistent with -0.2% GDP contraction in Q4
Eurozone PMI Manufacturing rose from 46.4 to 47.3 in November. PMI Services was unchanged at […]
US durable goods orders rose 1.0% mom in Oct, ex-transport orders up 0.5% mom
US durable goods orders rose 1.0% mom to USD 277.4B in October, above expectation of […]