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Goldman Sachs have ECB rate cuts from Q3 2024 as their ‘base case’

October 26, 2023

The European Central Bank decision and presser, ICYMI: ECB leaves key interest rates unchanged in October monetary policy meeting Lagarde opening statement: Past hikes are …

Technical Analysis

What does the price action in the EURUSD tell us about what’s ahead?

October 26, 2023

The EURUSD is lower and in the process moved through a technical support level in the Asian session between 1.05617 and 1.05645. The subsequent fall …

Technical Analysis

Two for one: A technical look at the AUDUSD and NZDUSD.

October 26, 2023

Both the AUDUSD and NZDUSD have been trading similarly over the last two trading days. Yesterday, the AUDUSD led the way with a rise early …

Technical Analysis

USDCAD continues to follow the technicals higher

October 26, 2023

The USDCAD has been stepping higher over the last few weeks, and in the process has been using technical support levels to push to the …

Central Banks

Kansas City Fed composite index for October remains at -8. Unchanged from the prior month.

October 26, 2023

The Kansas City Fed is out with their monthly survey: Composite index for October remains at -8 versus -8 last month. Manufacturing index came in …

Technical Analysis

There is no joy in US stocks. Major indices still under pressure.

October 26, 2023

There is now joy in US stocks, despite what has been more favorable earnings. The idea of a slowing economy is just not sitting well …

Technical Analysis

USDCHF breaks higher today but does find willing sellers against target swing area.

October 26, 2023

The USDCHF moved above it’s 200-hour moving average (green line in the chart below) in the Asian session, and then worked its way toward the …

Technical Analysis

Kickstart your FX trading for October 26 with technical look at EURUSD, USDJPY and GBPUSD

October 26, 2023

In this morning video on October 26, 2023, I kickstart the Forex trading day with a technical look at the EURUSD, USDJPY and GBPUSD. What …

Central Banks

Lagarde Q&A: Now is not the time for foward guidance, it’s time for data dependency

October 26, 2023

PEPP wasn’t discussed at this meeting Our determination to bring inflation to 2% is intact Rise in yields is a spillover that we take into …

Central Banks

Lagarde opening statement: Past hikes are increasingly dampening demand

October 26, 2023

Rates will make a ‘substantial contribution’ to curbing inflation The eurozone economy remains weak Tighter conditions are weighing on investment and savings; highlights drag from …

Central Banks

Watch live: ECB press conference

October 26, 2023

The ECB met this time in Athens, so the backdrop will look a bit different. The low-latency feed is here. This article was written by …