Central Banks Barclays: BOE rate hike expectations and voting split projection for Thursday’s meeting Posted onAugust 2, 2023 Barclays Research continue to expect 50bps hike from the BoE at tomorrow’s meeting. Main Points: Rate Hike Expectation: Barclays reiterates its expectation for a 50 …
Technical Analysis WTI crude oil futures settle at $79.49 Posted onAugust 2, 2023 The price of WTI crude oil futures are settling at $79.49 a barrel. That’s down -$1.88 or -2.31%. The low price today came in at …
Technical Analysis EURUSD finds support neat 100 day MA and finds some buying interest Posted onAugust 2, 2023 The EURUSD has been stepping down today, and the focus for the pair was looking at its 100-day moving average (blue line currently at 1.09132). …
Central Banks Kansas City Fed names Jeffrey Schmid as its new president Posted onAugust 2, 2023 The Kansas City Fed has named Jeffrey Schmid as its new president and CEO. Schmid takes over from Esther George who left in February. He …
Central Banks Kansas City Fed names Jeffrey Schmid as new president Posted onAugust 2, 2023 The KC Fed has a long history of hawkish presidents. We will have to see what Schmid, 64, delivers but he won’t vote until 2025 …
Technical Analysis USDCAD buyers are making a play from various perspectives. Find out the driving dynamics. Posted onAugust 2, 2023 The USDCAD moved above the 38.2% retracement of the move down from the May 2023 high at 1.3306. On the hourly chart, the buyers have …
Technical Analysis VIDEO: A technical look at the price of crude oil. What next and why? Posted onAugust 2, 2023 The price of WTI crude oil futures are sharply lower and in the process has broken below its 200 are moving average at $79.52. However …
Technical Analysis NASDAQ index is down now 2% on the day. What damage has been done technically speaking? Posted onAugust 2, 2023 The NASDAQ index is down close to 2% on the day and in the process tests the 14,000 area. That area is a key technical …
Technical Analysis The AUDUSD trades to the lowest level since June 1. Breaks below swing area on daily chart Posted onAugust 2, 2023 The AUDUSD has moved below a key swing area on the daily chart below 0.65468 up to 0.65847 (also watch 0.6566 between that areas). The …
Technical Analysis USD moving higher and the EURUSD, USDJPY and GBPUSD pairs are testing key target Posted onAugust 2, 2023 The USD is moving higher and that has sent the EURUSD, USDJPY and GBPUSD to the next key targets. US yields are moving higher and …
Technical Analysis USDCHF trades to a new high. Yields starting to impact as rates move higher Posted onAugust 2, 2023 The USDCHF is moving to a new session high, and in the process is extending above its 50% midpoint of the move down from the …