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Copper Technical Analysis – The buyers are eyeing the top trendline

October 11, 2023

The recent breakout of the symmetrical triangle led to a fall into the key support around the 3.54 level. The causes are the tighter monetary …

Technical Analysis

GBPJPY Technical Analysis – We are at a key resistance zone

October 11, 2023

UK: The BoE kept interest rates unchanged at the last meeting. The central bank is leaning more towards keeping interest rates “higher for longer” but …

Central Banks

ECB’s Knot: Policy is in a good place now

October 11, 2023

Inflation is still too high But effects of inflation shock are waning Economic cooldown desirable to tame inflation Restrictive policy will be needed for some …

Central Banks

Fed’s Bowman: Interest rates may need to rise further

October 11, 2023

Inflation remains well above the FOMC’s 2% target Job market remains tight This suggest policy rate may need to rise further And stay restrictive for …

Technical Analysis

WTI Crude Oil Technical Analysis – Watch for these signs for the next direction

October 11, 2023

Crude Oil eventually sold off from the $94 resistance as the demand side might have come into question due to elevated prices amid tighter monetary …

Technical Analysis

NZDUSD Technical Analysis – Watch this key support

October 11, 2023

US: The Fed left interest rates unchanged as expected at the last meeting. The macroeconomic projections were revised higher as the economy showed much stronger …

Market Outlook

Australian Dollar Pauses as US Dollar Sinks on a Dovish Fed. Will AUD/USD Reverse?

October 11, 2023

The Australian Dollar might be at a crossroads after more Fed commentary reiterated the case for a less hawkish stance. Equity markets got a boost, …

Central Banks

FOMC minutes due Wednesday. Fed speakers too, including Bowman, Waller, Bostic, Collins.

October 11, 2023

The big event apart from any of this is the September PPI figures: A big Wednesday coming up in the US – Inflation data (September …

Central Banks

ECB’s Knot speaking Wednesday on financial stability

October 11, 2023

I only have Knot on the European Central Bank speaking circuit today. Its not unusual at all for others to pop up though. 0815 GMT …

Central Banks

More from RBA’s Kent: If we were to sell bonds, we’d do it in a way not to disturb markets

October 11, 2023

Christopher Kent, Assistant Governor (Financial Markets) at the Reserve Bank of Australia Q&A Have the opportunity to see how economy reacts to past hikes No …

Central Banks

PBOC sets USD/ CNY mid-point today at 7.1779 (vs. estimate at 7.2842)

October 11, 2023

People’s Bank of China USD/CNY reference rate. The previous closing rate was 7.2935 The People’s Bank of China (PBOC), China’s central bank, is responsible for …