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BOE Bailey: Far to early to be thinking about rate cuts

November 20, 2023

BOE Bailey: Far too early to be thinking about rate cuts Returning inflation to 2% target remains our absolute priority When inflation is high, we …

Technical Analysis

EURUSD and GBPUSD surge to new highs as European traders wrap up the day

November 20, 2023

As London/European traders look to exit for the day, both the EURUSD and GBPUSD are making new session highs. For the EURUSD, the pair has …

Central Banks

Fed’s Barkin: Not a big time for offering forward guidance. Will respond to data.

November 20, 2023

Fed’s Barkin speaking on Fox Business: Not a big time for offering forward guidance. Fed will respond to data. Overall core inflation numbers are coming …

Technical Analysis

GBPJPY falls to swing area and 50% retracement of recent move higher. Buyers enter.

November 20, 2023

In my last technical post on the GBPJPY last week, I spoke about the importance of the 100-hour moving average. That moving average has been …

Technical Analysis

Crude oil is trading above $78

November 20, 2023

WTI crude oil futures are trading above $78. For the day, the price is up around $2 or 2.56%. Looking at the daily chart, the …

Technical Analysis

USDCAD breaks above key moving averages, Bulls take control

November 20, 2023

The USDCAD has moved higher in early NA trading and in the process moved above its 100-hour MA at 1.37149. Just below that level is …

Central Banks

ECB de Cos: ECB is not expected to return to for guidance on monetary policy

November 20, 2023

ECBs de Cos is on the wires saying: ECB is not expected return to for guidance on monetary policy it is absolutely premature to start …

Technical Analysis

Kickstart your forex trading on November 20 with a look at the EURUSD, USDJPY and GBPUSD

November 20, 2023

The USD is lower in trading today led by the move lower in the USDJPY. In the kickstart video to your FX trading on November …

Technical Analysis

The JPY is the strongest and the CAD is the weakest as the NA session begins

November 20, 2023

The JPY is the strongest and the CAD is the weakest as the NA session begins. The USD is weaker with declines mainly vs the …

Central Banks

ECB’s Wunsch: Bets on rate cuts risk prompting rate hikes instead

November 20, 2023

Markets are optimistic to rule out further rate hikes But rates should stay unchanged in December and January The headline remark sounds like a warning …

Central Banks

Federal Reserve’s Barkin speaks on Monday

November 20, 2023

1700 GMT / 1200 US Eastern time: Federal Reserve Bank of Richmond President Thomas Barkin appears on Fox Business News Most recently from the Richmond …