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USDCHF runs higher after surprise 50 bp cut by the SNB. What next?

December 12, 2024

The SNB cut rates by 50 basis points to 0.50% from 1.00%, exceeding market expectations of a 25 basis point cut. Following the announcement, the …

Central Banks

ECB sources: Handful of policymakers were initially in favor of 50 bps cut

December 12, 2024

Some argued that ECB is overestimating growth next year, which could be below 1% under Trump tariffs Policymakers have little appetite for rushing policy amid …

Technical Analysis

AUDUSD has floor support and resistance at the 200 hour MA

December 12, 2024

The AUDUSD moved to the lowest level since August yesterday and in the process tested the lowest level going back to November 2023 near 0.6334. …

Technical Analysis

USDCAD finds sellers against the highs for the week

December 12, 2024

The Bank of Canada cut rates by 50 basis points yesterday and the initial reaction was lower (higher CAD). However, after falling below a target …

Central Banks

Lagarde Q&A: There were some discussions around considering 50 bps

December 12, 2024

Inflation has converged toward 2% for six projections in a row, at some point in the course of 2025 Past shocks have pushed inflation down …

Central Banks

Lagarde: Growth is losing momentum

December 12, 2024

Exports are also week Firms are holding back investment Surveys point to fewer jobs being created in the current quarter The economy should strengthen over …

Technical Analysis

Kickstart your FX trading for Dec 12 w/ a technical look at the EURUSD, USDJPY and GBPUSD

December 12, 2024

In the kickstart video, I take a look at the technical levels that are driving the three major currency pairs and explain, and show why. …

Central Banks

Watch live: ECB press conference with Christine Lagarde

December 12, 2024

Here is the video feed for Lagarde’s press conference: If you’re trading, you will want the low-latency audio feed here. This article was written by …

Central Banks

ECB cuts key rates by 25 bps in December monetary policy decision, as expected

December 12, 2024

Prior decision Deposit facility rate 3.00% vs 3.00% expected Prior 3.25% Main refinancing rate 3.15% vs 3.15% expected Prior 3.40% Marginal lending facility % Prior …

Technical Analysis

Nasdaq Technical Analysis – New all-time high as US CPI hedges get unwound

December 12, 2024

Fundamental Overview The US CPI report yesterday came in line with expectations and sealed the 25 bps cut next week with the probabilities standing around …

Technical Analysis

S&P 500 Technical Analysis – Strong rally as hedges into CPI get unwound

December 12, 2024

Fundamental Overview The US CPI report yesterday came in line with expectations and sealed the 25 bps cut next week with the probabilities standing around …