Page 36 – Forex

Fed’s Daly: December rate cut is absolutely not off the table

Labor market is completely in balance, not a source of inflation We need an open mind Timing of rate cut is up for debate, but …

By admin

December 3, 2024

Central Banks

ECB’s Holzmann: I see likelihood for a moderate rate cut in December

December 3, 2024

Holzmann is a hawk so he’s not the best barometer but the market is debating between a 25 bps cut and 50 bps. Right now …

Technical Analysis

NZDUSD Technical Analysis – Awaiting key catalysts for the next major move

December 3, 2024

Fundamental Overview The US Dollar continues to consolidate around the highs as the market reached the peak in the repricing of interest rates expectations and …

Technical Analysis

AUDUSD Technical Analysis – The rangebound price action continues

December 3, 2024

Fundamental Overview The US Dollar continues to consolidate around the highs as the market reached the peak in the repricing of interest rates expectations and …

Central Banks

ECB’s Cipollone: Trump tariffs could lead to reduction in growth, inflation in Europe

December 3, 2024

US tariffs have the potential to weaken European economy That will lead to lower consumption and reduced pressure on prices That makes me think we …

Technical Analysis

Gold Technical Analysis – The market awaits key catalysts for the next direction

December 3, 2024

Fundamental Overview Gold continues to consolidate around the major trendline and the 2600 support as the market awaits the US CPI report next week before …

Technical Analysis

USDCHF Technical Analysis – The peak in rate cuts repricing weighs on the USD

December 3, 2024

Fundamental Overview The US Dollar continues to consolidate around the highs as the market reached the peak in the repricing of interest rates expectations and …

Technical Analysis

NZDUSD buyers trying to hold support and start a correction higher run.

December 3, 2024

The NZDUSD sellers pushed the pair lower on Monday but reached a swing area from the daily chart near 0.5848 and 0.5859. The low came …

Technical Analysis

AUDUSD sellers come in at key swing area resistance and are pushing back to the downside

December 3, 2024

The AUD/USD moved lower yesterday, testing a key swing area between 0.6433 and 0.6442. Selling pressure eased as the price reached the upper boundary of …

Technical Analysis

USDCNH rises to highest level since early July

December 3, 2024

The offshore yuan has fallen to its lowest level since July, driven by concerns over potential tariffs from the Trump administration. If such tariffs are …

Central Banks

PBOC sets USD/ CNY mid-point today at 7.1996 (vs. estimate at 7.2702)

December 3, 2024

The People’s Bank of China set the onshore yuan (CNY) reference rate for the trading session ahead. USD/CNY is the onshore yuan. Its permitted to …