Page 994 – Forex

ECB’s Wunsch: Rate pause would need a clear signal of slowing core inflation

Rate pause needs a clear signal that core inflation is slowing Stagflation is the base case More action is needed if core does not moderate …

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June 27, 2023

Technical Analysis

EURJPY stretches to highest level since August 2008

June 27, 2023

While the USDJPY extends above 144.00, and the highest level since November 2022, the EURJPY traders see that 2022 high and raises it to August …

Trading Education

Top 10 Candlestick Patterns To Trade the Markets

June 27, 2023

Discover the 10 most reliable candlestick patterns for trading the financial markets. Source

Central Banks

Atlanta Fed GDPNow dips to 1.8% from 1.9% last

June 27, 2023

The Atlanta Fed GDPNow estimate for Q2 growth dipped to 1.8% from 1.9%. In their own words: The GDPNow model estimate for real GDP growth …

Central Banks

ECB sources: Sees little chance of a pause in rate hikes in July or September

June 27, 2023

An ECB’s sources comment is being reported on Reuters saying: Policymakers see little chance of a pause in rate hike’s in July or September as …

Technical Analysis

NASDAQ index corrects back toward its broken 100 hour move average

June 27, 2023

US stocks are higher across the board. The NASDAQ index is leading the way to the upside erasing the declines seen during yesterday’s trading. The …

Technical Analysis

USDCAD gets closer to falling 200 hour MA

June 27, 2023

The USDCAD reached a new low going back to September today, and in the process fell below the 50% midpoint of the move up from …

Technical Analysis

USDJPY trades to a new 2023 high but not by a lot. Buyers still in control though.

June 27, 2023

The USDJPY moved to a new 2023 hi today taking out the high from Friday’s trade at 143.866. However the break was only good for …

Technical Analysis

GBPUSD price action remains confined, with the 200 hour MA key on the topside

June 27, 2023

The GBPUSD buyers are trying to make a play, but continues to have trouble at the 200 hour MA. The last three days, has seen …

Technical Analysis

EURUSD moves to new session high continuing the run to the upside

June 27, 2023

The EURUSD is extended to the upside despite the better-than-expected durable goods orders released earlier today. The move to the upside today has been helped …

Central Banks

ECB’s Wunsch: We must accept that our ability to fix inflation at exactly 2% is limited

June 27, 2023

If inflation is at 2.3% and the economy is weak, I wouldn’t tighten monetary policy He’s stating the obvious here. This article was written by …