Two Trades to Watch: DAX, Gold
DAX falls as China worries persist The DAX close lower yesterday and is extending losses […]
GBPUSD Within Tight Range after Advance Pauses Near 1.2000
GBPUSD has been stuck in a prolonged downtrend since the beginning of the year, plummeting […]
EURJPY Meets the 20-day SMA But Needs Some Boost for More Increases
EURJPY is meeting the 20-day simple moving average (SMA) after several days of hovering within […]
Oil Prices Whipsawed With Swings of More Than 6%
Markets The by far most eyepopping market move yesterday happened in oil. Prices whipsawed with […]
Elliott Wave View: DAX Ending 5 Waves Rally
Short term Elliott Wave View in DAX suggests cycle from 9.28.2022 low is unfolding as […]
Japanese Yen Technical Outlook: A Prolonged Pause?
USD/JPY’s break above last week’s high may have reduced imminent downside risks, but it doesn’t […]
ECB Holzmann backs another 75bps hike to give a strong signal about determination
ECB Governing Council member Robert Holzmann told FT in an interview, that he could “see […]
NZ goods exports rose 14% yoy in Oct, imports surged 24% yoy
New Zealand goods exports rose 14% yoy to NZD 6.1B in October. Goods imports rose […]
Euro Firmed as the US Dollar Paused Amid Fed and China Factors. Where to for EUR/USD?
The Euro finally found some traction today after Monday’s rout that saw EUR/USD slide lower […]
Fed Mester: Makes sense that we can slow down a bit
Cleveland Fed President Loretta Mester said yesterday, “we’re at a point where we’re going to […]
Fed Daly: Premature to take anything off the table
San Francisco Fed President Mary Daly said yesterday that “it’s premature in my mind to […]
RBA Lowe not ruling out return to 50bps hike, nor pausing
RBA Governor Philip Lowe reiterated in a speech that the Board expects to “interest rates […]